Leased Vehicles: How to Duck Penalty Payments

By Sam Newcomer


With lease financing, you will probably be worried regarding your leased vehicle tires. Once your lease ends you will need to return the vehicle, then from there it will be at the mercy of inspection. If there are slight problems the inspector may ignore it, but if he doesn't you might have to pay some lease penalties. How do you make sure that you don't have to pay allot if there is certainly damage during the inspection? How to prepare your car for inspection day?

Some things to check before returning the vehicle:

*It is always wise to know what is in the lease agreement before having your vehicle. Do you agree with the set terms and conditions? Are any problems obviously stated? Is their standards of average damage acceptable? Depending on who the dealer is their standards on deterioration can be vastly different from another dealer. One dealer may say it will be alright to have some small scratches occasionally, while the next may not. However, they do want the car within the same condition they leased it away for, so if there are missing headlights or even big dents, they will charge extra. Read all these properly and ensure you read them again when it's time to return your leased vehicle.

*Do your inspection of the vehicle and note down any issues you think it could have. When returning the vehicle make sure to have it totally cleaned up and remove all your stuff. If it is possible try to fix any damages that you may caused before taking the vehicle returning to the dealer. If you need to replace your leased vehicle tires, do it rather than incur large penalties. Using tire coupons can make the newest tires even cheaper. You can get an estimate of money you will have to pay to get everything repaired then you can certainly compare it to the lease penalties. From there it is obvious which to pay.

*You also might have to check on the car fluids such as the oil. .




About the Author:



No comments:

Post a Comment