Your lease agreement will almost certainly require the vehicle to be returned in its original condition. What happens if you damage a leased car? If there are scratches on your leased car or other damage, you will be held responsible, but there are ways to reduce your financial obligations.
Mercedes-Benz of Wilmington is going to offer some options on how to fix damage to a leased car near New Castle. Our finance specialists want to ensure your lease return goes as smoothly as possible. If you’re looking to upgrade once your lease is done, our new vehicles are a good place to start your search.
So, what happens if you damage a leased car? If you damage a leased vehicle, you’ll have to pay for it one way or another. This is because your lease agreement likely mentions returning your leased vehicle in its original condition. With that being said, some lease contracts allow you to have minimal scratches on your leased car or any other insignificant signs of wear and tear. You’ll want to refer to your lease agreement to confirm what constitutes wear and tear and not substantial damage to your leased car.
You may have even heard that upgrading to a new vehicle after you return your lease can reduce the fees for damage to a leased car, but that’s simply not the case. Some dealerships in the West Chester, PA area will roll over the cost to repair your leased vehicle into your new leasing contract. If you have scratches on your leased car and you’re not sure what to do, we’re more than happy to help.
If you’ve found that you’ve damaged your leased vehicle during your Newark commute, there are some things we suggest you do before you stop by a lease return center. Following our tips can help you save money in the long run with your leased vehicle. Here’s what you can do before returning a leased car with damage:
If the damage to your leased vehicle is significant, we recommend you speak to your insurance company. Many full-coverage insurance policies will help protect you if you’ve substantially damaged your leased vehicle.
Most lease contracts also come with GAP insurance for added protection if you damage your leased vehicle. Remember that, GAP insurance is not a replacement for standard insurance coverage.
One of the benefits of leasing a new vehicle is comprehensive warranty coverage. If there’s damage to a part on your leased vehicle that’s covered under warranty, you likely have nothing to worry about. Be sure to review your warranty coverage and confirm with our service team if the part you need to replace is covered.
If you decide to fix your vehicle before returning it, make sure the service center uses only genuine OEM parts. Failure to use genuine OEM parts could void your lease agreement, meaning you’ll be responsible for additional charges.
If your lease return date is coming up and you have some damage to your vehicle, it may be a good idea to schedule a pre-lease return inspection. Performing a pre-inspection can let you know beforehand what to expect if you will be returning your leased vehicle with damages.
Returning a leased car with damage requires some work on your part, but we’ve offered a roadmap to a better outcome for everyone. If you’d like to lease or purchase your next vehicle at our Wilmington dealership, our finance application will get you pre-approved in minutes. Mercedes-Benz of Wilmington would also like to show you the current national offers from Mercedes-Benz.
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