11 Ways to Avoid a Returned Lease Contract
January 2013
Key points to remember to verify:
The lease date is disclosed on the contract
The Business/Commercial or Agricultural purpose box is not selected
The Total of Payments in Section 3 calculate properly
The itemization of Amount Due at Signing total is correct in Section 3
The Gross Cap Cost disclosures match in Sections 3 and 5
The Yearly Mileage Allowance is correct
The Net Trade-In Allowance states ‘0’ if trade amount is negative
There is no dollar amount listed in the Early Termination section
The agreed upon value matches in ‘Your Monthly Payment is
Determined’ section and in Section 5
The Disposition Fee is N/A or $0
The Acquisition Fee amount is in compliance
11 Ways to Avoid a Returned Lease Contract
