Leasing a new car should be a carefree and and enjoyable alternative to the responsibilities of auto ownership.

But many of the risks of driving a car -- the small dents and dings that happen in parking lots, chipped paint, even worn tires -- are your responsibility at lease-end.  You either repair them, or you pay the leasing company to perform the repairs.  You may lose part of your security deposit, all of it, or maybe even more.  Why worry about things that can happen to almost any car?

The optional Leased Vehicle Excess Wear & Tear Plan may waive up to $7,500 of the cost of repairing covered parts, including dents, dings, scratches, and wear and tear on your vehicle at lease-end.  You must turn in your vehicle at any time prior to or within one year after the scheduled maturity date stated on your contract and you must not exercise the purchase option.