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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: 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.
Vehicle Inspection and Return
Although most of the vehicles returned to us incur no charges for excess wear or
use, you may desire to have an inspection performed prior to the return of your
lease vehicle. We recommend that you make these arrangements about a month in advance
of your maturity date to allow the company you select the ability to complete your
appointment prior to the end of your lease.
We make no recommendations as to selection of vehicle appraisers but note that they
should be licensed by the state you reside in to ensure that the report can be considered
relevant.
Feel free to contact our Remarketing Department at (888) 731-3420 with any questions.
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Copyright © 2009 Hann Financial Service Corporation | Call today
to speak with one of our financial service professionals at 1-800-245-9253. |
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