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Lease-End Protection

Short-term vehicle ownership has never been smarter. Lease-End Protection improves customer satisfaction by waiving damage costs related to wear and tear on leased vehicles once returned. Foster long-term relationships by providing superior end-of-lease coverage for your customers.

This protection is ideal for

Auto
Car front interior
Side view or car
Vehicle rear seats

Benefits

Lease-End Protection is a comprehensive coverage option you can offer to protect customers against lease-end costs due to excess wear and tear.Ìý

  • Provides a waiver for common lease-end charges, including scratches and paint damage due to dents and dings, minor body and/or bumper damage, interior stains and tears, and more.
  • Helps toÌýincrease customer satisfaction and encourages customer loyalty and retention.
  • Reduces your customers’ overall vehicle lease costs.
  • Attractive lease-end benefits differentiate and increase provider competitiveness. Ìý
Cox Automotive projects that leasing will make up 21 percent of all new-vehicle retail sales, up from an estimated 19 percent in 2022.
According to ÃÛÖ­TV data, the top five charges at lease end are bumper damage, wheel damage, tire wear, lost key, and door dents and dings.
Lease-End Protection provides a safety net for customers, allowing them to fully enjoy their ownership experience without the looming worry of a large bill at the end of their lease term.
Frequently Asked Questions

Common Questions About Lease-End Protection

Whether you’re looking for more information on product features or service details, we have a wealth of helpful insights. If you don’t find the answer you’re looking for, please reach out to us directly for personalized support.

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What is the Lease-End Protection plan?
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Question
What is the Lease-End Protection plan?
Answer

Lease-End Protection is a comprehensive coverage option you can offer to protect customers against lease-end costs due to excess wear and tear.Ìý

What kind of wear-and-tear damages does the plan cover?
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Question
What kind of wear-and-tear damages does the plan cover?
Answer

The plan covers typical lease-end concerns such as dents, scratches, interior stains, and tire wear, up to the plan’s limits.

Are there any exclusions to be aware of with the Lease-End Protection plan?
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Question
Are there any exclusions to be aware of with the Lease-End Protection plan?
Answer

Yes, exclusions include single-event damages over a certain amount, repairs performed prior to contract termination, and damages due to intentional misconduct. Check the terms of the product agreement for additional exclusions and more details.Ìý

How can Lease-End Protection provide customers with financial security?
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Question
How can Lease-End Protection provide customers with financial security?
Answer

Lease-End Protection covers common wear-and-tear-related vehicle damages once the customer returns the vehicle back to the dealership. This protection therefore reduces financial stress due to leasing a vehicle.

Note

  • Not available for purchase in all states.
  • Does not cover any itemized charge that exceeds the maximum single event limit selected by the customer.
  • Does not cover repairs performed prior to contract termination.

Fact source:

Limitations and exclusions apply. The Lease-End Protection product is optional and is not insurance. Coverage may vary by product agreement and state/province. Please refer to the applicable product agreement for details of terms and conditions.