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Lease-End Protection

Short-term vehicle ownership has never been smarter. Lease-End Protection improves customer satisfaction by waiving damage costs related to wear and tear on leased vehicles once returned. Foster long-term relationships by providing superior end-of-lease coverage for your customers.

This protection is ideal for

Auto
Car front interior
Side view or car
Vehicle rear seats

Benefits

Lease-End Protection is a comprehensive coverage option you can offer to protect customers against lease-end costs due to excess wear and tear.

  • Provides a waiver for common lease-end charges, including scratches and paint damage due to dents and dings, minor body and/or bumper damage, interior stains and tears, and more.
  • Helps toincrease customer satisfaction and encourages customer loyalty and retention.
  • Reduces your customers’ overall vehicle lease costs.
  • Attractive lease-end benefits differentiate and increase provider competitiveness.
Cox Automotive projects that leasing will make up 21 percent of all new-vehicle retail sales, up from an estimated 19 percent in 2022.
According to 麻豆影音传媒73 data, the top five charges at lease end are bumper damage, wheel damage, tire wear, lost key, and door dents and dings.
Lease-End Protection provides a safety net for customers, allowing them to fully enjoy their ownership experience without the looming worry of a large bill at the end of their lease term.
Frequently Asked Questions

Common Questions About Lease-End 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 is the Lease-End Protection plan?
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Question
What is the Lease-End Protection plan?
Answer

Lease-End Protection is a comprehensive coverage option you can offer to protect customers against lease-end costs due to excess wear and tear.

What kind of wear-and-tear damages does the plan cover?
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Question
What kind of wear-and-tear damages does the plan cover?
Answer

The plan covers typical lease-end concerns such as dents, scratches, interior stains, and tire wear, up to the plan’s limits.

Are there any exclusions to be aware of with the Lease-End Protection plan?
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Question
Are there any exclusions to be aware of with the Lease-End Protection plan?
Answer

Yes, exclusions include single-event damages over a certain amount, repairs performed prior to contract termination, and damages due to intentional misconduct. Check the terms of the product agreement for additional exclusions and more details.

How can Lease-End Protection provide customers with financial security?
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Question
How can Lease-End Protection provide customers with financial security?
Answer

Lease-End Protection covers common wear-and-tear-related vehicle damages once the customer returns the vehicle back to the dealership. This protection therefore reduces financial stress due to leasing a vehicle.

Note

  • Not available for purchase in all states.
  • Does not cover any itemized charge that exceeds the maximum single event limit selected by the customer.
  • Does not cover repairs performed prior to contract termination.

Fact source:

Limitations and exclusions apply. The Lease-End Protection 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.