Fair Wear and Tear
With any vehicle lease comes a 'fair wear and tear' examination at the end of the contract.
As depreciation is the one thing that is covered during a lease term, additional damage or neglect lessens the vehicle's value further. However, a vehicle is expected to experience wear and tear, either on a personal lease car or more likely, a commercially leased van. The leasing company carries out a full assessment to determine whether or not your leased vehicle meets the agreed returned condition.