Industry Verticals · AutomotivesituationalAuto LeaseEarly TerminationManufacturer DefectConsumer Rights

Lessees Charged Full Early Termination Fees Despite Manufacturer Defect Loss of Use

Consumers returning leased vehicles early due to manufacturer defects requiring months of repairs are still charged full early termination fees and mileage overages including miles driven during dealer testing. Lease agreements do not account for loss-of-use periods caused by warranty repairs. Lessees bear all financial consequences for the manufacturer's failure.

3mentions
1sources
4.95

Signal

Visibility

5

Leverage

Impact

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