Lease end - what about repaired damage?

mskellymskelly NortheastMember Posts: 2
edited January 2016 in BMW
Hello folks. We've got an X3 that is nearing the lease end. The inspection company came and did the inspection, there was nothing 'chargeable' found. A couple of weeks later one of the doors got dinged by another vehicle bad enough to need to go to the body shop. The car now looks great, and you'd never know any work was done, except for the smell of new paint or paint thinner.
What happens when you turn the car in? I thought they said you have to sign an accident affidavit or something similar. So if the damage was contained to one door, and it was fixed, what do you need to disclose?
And what happens if you do disclose it, are they going to say it is worth with less and that want $5,000?
Has this happened to anyone?

Comments

  • kyfdxkyfdx Moderator Posts: 197,800
    mskelly said:

    Hello folks. We've got an X3 that is nearing the lease end. The inspection company came and did the inspection, there was nothing 'chargeable' found. A couple of weeks later one of the doors got dinged by another vehicle bad enough to need to go to the body shop. The car now looks great, and you'd never know any work was done, except for the smell of new paint or paint thinner.
    What happens when you turn the car in? I thought they said you have to sign an accident affidavit or something similar. So if the damage was contained to one door, and it was fixed, what do you need to disclose?
    And what happens if you do disclose it, are they going to say it is worth with less and that want $5,000?
    Has this happened to anyone?

    If it's fixed properly, you have nothing to worry about. Diminished value is not an issue on returning a leased vehicle. Whether it's $1000 or $10,000 of damage.

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