What is Lease End Protection?
Lease End Protection covers common wear-and-tear charges at lease termination, helping customers avoid costly penalties while improving lease retention for dealerships.
Coverage includes:
- Excess Wear & Tear Fees: Covers interior and exterior damage.
- Tire Replacement: Covers worn tires at lease return.
- Minor Dents & Scratches: Eliminates penalties for small damages.
Key Benefits for Dealers & Customers:
Lease End Protection has a number of benefits, including:
- Boosts F&I Revenue: A valuable add-on to lease agreements.
- Saves Customers from Unexpected Costs: Eliminates lease return penalties.
- Encourages Lease Renewals: Increases dealership retention.
- Works with All Lease Terms: Available for short- and long-term leases.
Frequently Asked Questions
Q: Does this cover major damage?
A: No, this covers minor wear, not major accidents or frame damage.
Q: Is there a deductible?
A: No, Lease End Protection does not have a customer deductible.
