GM Dealer Workbook - page 12

Protection your lease customers can’t
afford to be without.
Don’t let your customers get blindsided by life’s dents and dings.
A lease agreement holds your customers financially responsible for the condition of the
vehicle’s interior and exterior at the time the vehicle is returned.
GM Financial is now offering XS Wear coverage which can help protect your customers
against most out-of-pocket expenses due to excess wear-and-tear charges. Some of the
program’s key highlights are listed below.
XS Wear
Program Highlights
Program is fully insured
XS Wear is fully insured by an insurer rated A (Excellent) by A.M. Best.
Benefits up to $5,000
Program will pay up to $5,000* in excess wear-and-tear charges for your customer.
$0 customer deductible
There is no customer deductible for excess wear-and-tear charges paid under
the program.
Open term coverage
Customer can return vehicle any time prior to scheduled termination date and
receive excess wear-and-tear benefits.
New vehicles valued up to $100,000
Coverage available for new vehicles valued at less than
$100,000 at lease inception.
Protection for the term of the lease
Length of coverage on leases for up to 48 months.
XS Wear promotional materials are available for your
customers. Ask your Dealer Relationship Manager for details.
* See waiver for exact coverage details.
TM
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