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Excess Wear and Tear

Normal and unexpected vehicle wear such as interior stains, tire wear, chips, dents, and dings are the responsibility of the lessee and can add up to a hefty charge at lease termination.

Excess Wear and Tear coverage gives your customers protection from these unexpected end-of-lease expenses. By investing in Excess Wear and Tear protection, your customers can relax and enjoy their new car knowing they are protected against substantial out-of-pocket costs at lease end.

This protection is ideal for

Auto
Close up of wheel and tire
Wheel and tire and angle
Person working on a wheel

Benefits

Excess Wear and Tear coverage provides financial protection for your customers and ensures that dealers receive leased vehicles in exemplary condition.

  • Reduces end-of-lease overhead for your leasing customers.
  • Offers financial safeguarding against lease-end charges, enhancing customer trust and satisfaction.
  • Provides comprehensive protection covering a wide array of wear-and-tear damages.
  • Streamlines your lease return process, making it worry-free for customers and staff alike.
  • Attracts more lessees by offering an affordable solution to manage potential end-of-lease costs.
Deep cleaning the seats in a car to remove stains will average $100 to $200.
For a minor paint correction with exterior detailing, expect to pay $500 or more. More extensive corrections to paint cost $750 on up.
According to AAA, an estimated 80% to 90% of minor dents and dings may be fixed using paintless dent repair.
Excess Wear and Tear coverage helps cover the small issues that add up to a big expense when customers return their leased vehicles, boosting customer loyalty and reducing hassle for everyone involved in the lease return process.
Frequently Asked Questions

Common Questions About Excess Wear and Tear 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 exactly does Excess Wear and Tear protection cover?
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Question
What exactly does Excess Wear and Tear protection cover?
Answer

Excess Wear and Tear protection covers a variety of lease-end expenses including scratches, chipped paint, minor body or bumper damage, and interior stains or tears, ensuring customers are not caught off guard by unexpected charges.

How does Excess Wear and Tear protection benefit customers at the end of their vehicle lease?
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Question
How does Excess Wear and Tear protection benefit customers at the end of their vehicle lease?
Answer

Excess Wear and Tear protection eliminates the worry of additional costs for normal and unexpected vehicle wear, making the lease-end process smooth and carefree, so customers can fully enjoy their leased vehicle without financial concerns.

With Excess Wear and Tear protection, will customers have to pay a deductible for any lease-end wear-and-tear claims?
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Question
With Excess Wear and Tear protection, will customers have to pay a deductible for any lease-end wear-and-tear claims?
Answer

No, there is no deductible for unexpected lease-end charges under Excess Wear and Tear protection.

Does Excess Wear and Tear protection only cover major damages or also minor issues like tire wear and interior stains?
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Question
Does Excess Wear and Tear protection only cover major damages or also minor issues like tire wear and interior stains?
Answer

The Excess Wear and Tear protection extends to both major and minor issues, including tire wear, interior stains, chips, dents, and dings, offering comprehensive coverage.

Is Excess Wear and Tear protection a cost-effective choice for lessees?
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Question
Is Excess Wear and Tear protection a cost-effective choice for lessees?
Answer

Absolutely. Excess Wear and Tear is a practical and cost-effective solution that mitigates financial risks and potential hefty charges at lease termination, saving customers money in the long run.

Note

Fact sources:

  • https://washlab.io/blog/how-much-does-it-cost-to-deep-clean-car-seats/
  • https://www.upstart.com/learn/how-much-do-tires-cost/
  • https://www.mitchell.com/insights/auto-physical-damage/article/trends-paintless-dent-repair
Limitations and exclusions apply. The Excess Wear and Tear 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.