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FINANCE

Wear and Tear (Lease End)

The condition standard a leased vehicle is graded against at turn-in. "Excess wear" charges can run $1,500-$4,000.

// Why it matters

Wear and tear is the condition standard your leased vehicle is inspected against when you return it at lease end. The lease contract defines "normal" wear (small scratches under a credit card, tire wear within tread limits, interior wear consistent with mileage) and "excess" wear (dents larger than a quarter, cracked windshields, missing keys, smoke damage, curb-rashed wheels). Excess wear charges typically run $1,500-$4,000 at turn-in. Defenses: (1) buy a wear-and-tear protection plan from the captive lender at signing if you have kids/dogs (cheaper than paying the bills), (2) fix obvious damage yourself before turn-in (windshield replacement is $300 vs. $800 from the lessor), (3) request a third-party independent inspection if the lessor's inspector flags items you dispute.

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