Lease-End Protection
This protection is ideal for
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
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.
Common Questions About Lease-End Protection
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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
The plan covers typical lease-end concerns such as dents, scratches, interior stains, and tire wear, up to the plan’s limits.
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
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.
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