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MissouriFamilies.org - Money Matters - Consumer Action

 

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What is an "excess wear" fee for a leased vehicle?


Most leases limit the wear and tear to a car during the lease period. If your car exceeds those limits, you will have to pay a fee. Ask for a complete disclosure about how the fee is determined.

 

Brenda Procter, M.S., State Specialist & Instructor
Personal Financial Planning, University of Missouri-Extension
 

 

 

 

 

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Last update: Wednesday, April 19, 2006

 

 

 


 
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