On our blog, we've mentioned some outrageous fees dealerships can charge customers when entering or ending a car lease. The truth is, most of the time these unnecessary fees won’t be obvious. They may even seem like a good idea after a quick glance and sly explanation from your salesperson. Unfortunately, it sometimes takes a trained eye to notice these upcharges.
We really hope you’re reading this out of pure curiosity. But if What if I crash my leased car? is no longer a hypothetical question for you, hang in there – we’ve got you covered.
As you may have experienced firsthand, dealerships love to surprise their customers with fees. If you’re leasing a car (or at least thinking about it), you should know about the Consumer Leasing Act of 1976. This Act stipulates that all leasing costs – including end-of-lease charges – should be explicitly disclosed in the lease contract.