Wear and Tear coverage on new lease

ejlee111

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#1
I opted for the minimum Basic Wear and Tear coverage for my new 330Ci, which costs an additional $15 on top of my lease. Should I have chosen more coverage or none at all?
 
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#2
Good Question

I will be signing a lease shortly -- Hopefully by Monday. I was waiting for the "old sitdown" with the sales rep and was wondering what kind of hidden charges/fees they were going to throw at me.

I live in NY, not sure if that makes a difference but what can I expect? For example : "wear and tear coverage was never discussed"

Thanks
 

bmwrocks

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#3
ejlee111 said:
I opted for the minimum Basic Wear and Tear coverage for my new 330Ci, which costs an additional $15 on top of my lease. Should I have chosen more coverage or none at all?
Is there documentation of what the Basic Wear and Tear coverage provides? Because for $720 (4yrs) that sure isn't much to pay for peace of mind, if it covers you sufficiently.

Of couse what is normal wear and tear that won't cost you anything when you turn it in? It is all spelled out in your contract for sure.
 
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#4
i got it and basically, it covers the little dents and dings and 1000 miles over your cap...i really think it was worth every penny. i got mine for free because the finance lady quoted me the wrong amount for the down payment.. [bmwkick]
 


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