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Hann Financial will contact you before the end of your lease to review your
options. You can contact our Remarketing Department toll-free at
1-888-731-3420.
Excess Wear and Use
It is recommended that you have the repairs done prior to the return of the
vehicle. This way you have control of the process and will know the costs
involved in advance.
Descriptions of Excess Wear and Use.
Options
We will contact you with the details of your particular options prior to the
maturity of your lease. The basic options are:
Purchase - You, or any party you designate,
have the option to purchase your vehicle. We offer financing options to
qualified buyers at very competitive rates and terms. The transaction can be
handled conveniently over the phone or by mail. Purchasing your vehicle will
allow you to avoid any end of lease charges that would be due if you return the
vehicle.
Renew your Lease - You may be able to renew
your lease at favorable terms. This is an option if you are comfortable with
your current lease, and do not want the expense of a new vehicle. This can be
handled conveniently by mail or over the phone.
Return - If you decide to return the
vehicle, we will arrange a convenient appointment to pick it up from you,
as per the terms of your lease. We will then provide you with a final statement
of your account.
NOTE: Only Hann Financial authorized appraisers can
render a condition report of your vehicle. Do not leave your leased vehicle at
a dealer unless directed to do so by Hann Financial.
Charges
Disposition Fee - This charge applies to
vehicles that are returned and can be found in your lease agreement. The charge
is designed to offset expenses associated with the sale of the vehicle.
Excess Mileage - See your lease agreement
for the amount of mileage allowed in the lease, and the charge for each mile in
excess of that amount. These charges are subject to sales tax.
Excess Wear and Use - If applicable, only a
Hann Financial authorized independent, licensed appraiser can determine these
items and the charges due. These charges are subject to sales tax.
Descriptions of Excess Wear and Use.
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Copyright © 2008 Hann Financial Service Corporation | Call today
to speak with one of our financial service professionals at 1-800-245-9253. |
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