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Who is responsible for any end of lease charges?

The person or entity who assumes the Lease (the Transferee) is responsible for all charges at the end of the Motor Vehicle Lease Agreement (Lease). The Transferee is assuming the remainder of the existing Lease and is responsible for all the terms of the original Lease, including the obligation to pay any end of Lease charges such as a disposition fee, excess mileage fee, and excess wear and use (regardless of when during the Lease term the excess wear and use occurred). All potential end of lease charges are outlined in the original Lease. Contact the Transferor to obtain the amount of allowed miles under the Lease.
Financing & Leasing
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