2007-06-14 03:23:45 · 7 answers · asked by mktobyjo 3 in Cars & Transportation ➔ Buying & Selling
If you are at the end of your lease, call the leasing company for an inspection. As long as your car has normal wear and tear, you shouldn't be charged any damage. Remember though, tires do count, if your tires are low on tread they will charge you for new tires or have you do them before turn in.
There is usually one other fee that most companies charge. This is the disposition fee. A disposition fee is charged at the end of the lease, if you do not buy the car, or get another through the same finance company. If you do lease or buy another car through the same finance company it'll be waived.
This is how BMW financial Services works.
2007-06-14 04:21:35 · answer #1 · answered by jay 7 · 0⤊ 1⤋
Most leasing companies have entire departments dedicated to collecting the "damage" fees. You can be charged for any and all damage, other than normal wear and tear. They do not consider parking lot dings or paint scratches to be "normal wear and tear", so you will have to pay for any repairs. Any rips or stains in the interior will cause you to pay also. If the tires are worn you will be charged for that.Basically, it the car does not look brand new, you will be charged to make it look that way. You will also have to pay if you go over the mileage limit!
I would recommend you take the car to a place like Carmax, and see what they will pay for the car. If the price they offer is over what it will cost you to buy the car, sell it to them. If the price is less, allow for what you will be billed at the turn in, and decide if you can save by buying the car and selling it!
Good luck
2007-06-14 05:21:18 · answer #2 · answered by fire4511 7 · 0⤊ 0⤋
Unless you went over your miles or damaged the car, there shouldn't be a turn in fee. You should be getting a call from the leasing company with an offer to buy the vehicle. They made me a real good offer when they called me with a real low interest rate. Good luck!
2007-06-14 03:28:37 · answer #3 · answered by Miki S 3 · 0⤊ 0⤋
seems to me that the Mercedes dealership is attempting to help you out via no longer charging you (or, relatively, overlaying) the surplus mileage and positioned on and tear. How lots greater do you decide on? And in case you're leasing Mercedes besides, that's going to maintain on with which you've adequate funds available to conceal despite Mercedes might charge you AND funds for a clean lease on a Honda. possibly i'm being to presumptuous yet you would be finding at, what, like 5-6 thousand, entire? Or a clean lease on a Mercedes.
2016-12-08 09:00:38 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Check your contract. The policy on turning in and damage should be spelled out pretty clearly in the terms. Regarding damage, I'd be diligent in taking care of small cosmetic things. Maybe a detailing shop can help "prep" the car for turn in.
2007-06-14 03:34:15 · answer #5 · answered by Jay P 7 · 0⤊ 0⤋
EXPERIENCE TALKS
1 YR OF LEASE TURN OVER
$10,000.00 OUT OF POCKET YOU HAVE TO PAY FOR THE NEXT ONE.
ITS MORE OR LESS A 3 YR LEASE.
IF ITS 34 MONTHS SAME ABOVE.
YOU CAN'T BREAK IT UNLESS U GOT 10 GRAND.
AND THAT KEEPS U AT THE SAME LEVEL WHAT UR PAYING NOW.
BEST
2007-06-14 03:36:55 · answer #6 · answered by Anonymous · 0⤊ 0⤋
depends...if your leasing new it rolls over to new car...if not ,,they charge for every little scratch 500 on up...my friend had to pay 1500 dollars ouch.
2007-06-14 03:27:33 · answer #7 · answered by Anonymous · 0⤊ 0⤋