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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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