Lease Excess Wear Protection plan? <Urgent>

Comments

• kyfdx Moderator Posts: 237,046

  August 2014

  @reynd said:
  Hi,

  I am going to sign the lease agreement tomorrow. So please help!

  Do I need to buy the lease excess wear protection plan? And how much is it? If I bought the audi care program, do I still need to buy this plan?

  Thanks!!!

  The LEWP pays for excess wear at lease end.. I generally pass on items like this. But, on some models, Audi adds another point to the residual (like they do with AudiCare), and if the cost of the plan is low, then it may be worthwhile.

  How much is the LEWP, and do they adjust the residual? Or, to make it simpler, how much does the monthly lease payment go up, if you add it?

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• isellhondas Member Posts: 20,342

  August 2014 edited August 2014

  Unless you are very hard on your cars I believe I would pass. It's nothing more than VERY expensive insurance. A family member just bought a new Audi A3 and they signed up for a 100,000 mile pre paid maintenance program at what I thought was an CRAZY amount of money.

  But, I could be wrong too since Audi's are notoriously expensive to fix and aging well isn't one of their strong suits.

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• reynd Member Posts: 7

  August 2014

  @kyfdx‌ @isellhondas. Thanks for the answer. They provided me 2% RV increase for audi care and LEWP, so I took it. Really frustrated with my previous lease return.

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• reynd Member Posts: 7

  August 2014

  @kyfdx‌ @isellhondas. Thanks for the answer. They provided me 2% RV increase for audi care and LEWP, so I took it. Really frustrated with my previous lease return.

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