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Lease-End Protection
The Smart Way to Manage Short-Term Ownership
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. This provides a safety net, allowing you to fully enjoy your ownership experience without the looming worry of a large bill at the end of your term.
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Who This Protection Is For
Lease-End Protection is ideal for:
- Auto & Powersports Leases: Customers who prefer upgrading their machines every 2–3 years.
- Daily Riders: Those whose vehicles are exposed to everyday hazards, city parking, and trail use.
Key Benefits of Lease-End Security
A Superior Safety Net for Your Return
The Alert service provides a 360-degree safety net for you and your family.
- Comprehensive Waiver: Covers common lease-end charges including scratches, paint damage, dents, dings, and minor body or bumper damage.
- Interior Coverage: Protects against costs related to interior stains and tears.
- Top 5 Protection: Specifically targets the top five lease-end charges: bumper damage, wheel damage, tire wear, lost keys, and door dings.
- Competitive Edge: Attractive lease-end benefits differentiate and increase provider competitiveness.
Why It Matters
Cox Automotive projects that leasing will make up 21% of all new-vehicle retail sales. According to data, the top five charges at lease end include bumper damage and tire wear. Lease-End Protection allows customers to fully enjoy their ownership experience without the looming worry of a large bill.
Lease-End Protection is a comprehensive coverage option to protect customers against lease-end costs due to excess wear and tear.
The plan covers typical lease-end concerns such as dents, scratches, interior stains, and tire wear, up to the plan’s limits.
Yes. Exclusions include single-event damages over a certain amount, repairs performed prior to contract termination, and damages due to intentional misconduct.
Frequently Asked Questions
Understanding Your Lease Return
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