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Automotive Supplies And Distributor | Car, Auto,
Used Cars: Up-Front, Ongoing and End-of-Lease Costs
Your options may {$} include the following:
Returning the vehicle and paying any amounts owed or receiving any surplus
Car, Auto More info Arranging for the repair of any damage and
Automotive Supplies And Distributor returning the vehicle More info Extending the lease, if {$}
allowed by the lessor.
Leasing the vehicle for a new term (re-leasing), if allowed by the lessor More
info Purchasing the Car, Auto vehicle (if you have a purchase option or are
otherwise Automotive Supplies And Distributor allowed by the lessor).
Arranging for a third party to purchase the {$} vehicle, if allowed by the
lessor. End-of-term charges or refund of any surplus If you return the
Car, Auto vehicle to the lessor at scheduled termination, the
Automotive Supplies And Distributor lessor will tell you where to return the vehicle. In {$} an
open-end lease, subject to the three-payment rule, you are responsible for any
difference if the Car, Auto actual value of the vehicle at scheduled
termination is Automotive Supplies And Distributor less than the residual value stated in your {$}
lease (deficiency).
In most open-end leases, you are also entitled to any refund if the actual
value is greater than the {$} residual value stated in your lease. Thus, the
lessor may not arrange for inspection of the vehicle unless a substantial
residual deficiency is expected.
Automotive Supplies And Distributor | Car, Auto,
Used Cars: Up-Front, Ongoing and End-of-Lease Costs
Repairs and {$} maintenance
Your specific responsibilities for repair and maintenance of the vehicle are
stated in your lease agreement. You are Car, Auto typically responsible for
Maintaining the vehicle, having the Automotive Supplies And Distributor vehicle regularly serviced,
and following the manufacturer's instructions, as outlined in the owner's
manual, to keep all {$} warranties in force Keeping all equipment in good
working order.
Making all needed repairs and replacements, including complying Car, Auto
with any recall notices from the manufacturer.
Not adding, removing, Automotive Supplies And Distributor or modifying any accessories, equipment, or
parts without {$} the prior written permission of the lessor. Your lease may
require you to retain all service records to show that all
manufacturer-recommended Car, Auto servicing has been performed.
Even if not required to do so, Automotive Supplies And Distributor you may want to keep your service
records. Unless otherwise {$} stated in your lease agreement, you must pay all
operating costs, such as gasoline, oil, maintenance, and replacement tires.