Leases can save you a bundle on your monthly payment, but you should never forget that you don’t actually own the vehicle; you’re only the caretaker. And if – as the caretaker – you’re less than considerate in the care and feeding of your leased vehicle, you may get a very expensive reminder at the end of your lease when your car undergoes its wear-and-tear inspection.
That’s when you learn the cost for the door ding you got in the supermarket parking lot. Or that cigarette burn in the upholstery. Or those extra miles from your family vacation to California. Add it all up, and you may be on the hook for hundreds or even thousands of dollars. Some wear-and-tear is worth fixing in advance, while other problems might be safely ignored.
Here are some tips to help you –