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When reviewing a vehicle leasing contract, here are five important pointers to consider:

1. Lease Terms and Duration: Carefully review the lease terms and the duration of the agreement. Note the start and end dates of the lease, along with any specific conditions or restrictions mentioned. Be aware of any penalties or fees associated with early termination.

2. Monthly Payment and Fees: Take note of the monthly payment amount, including any additional fees or charges specified in the contract. Understand what is included in the monthly payment, such as maintenance, insurance, or roadside assistance, and clarify any additional costs that may arise during the lease period.

3. Mileage Allowance and Excess Mileage Charges: Pay attention to the mileage allowance stated in the contract. Leasing contracts typically have a set number of miles allowed per year or for the entire lease period. Understand the consequences and charges for exceeding the mileage limit, as excess mileage charges can add up significantly.

4. Wear and Tear Guidelines: Familiarize yourself with the wear and tear guidelines outlined in the contract. Leasing agreements usually have specific standards regarding the condition of the vehicle upon return. Understand what constitutes normal wear and tear versus excessive damage, and know the potential charges for repairs beyond the acceptable limits.

5. Insurance and Liability: Verify the insurance requirements outlined in the contract. Understand whether the lessor requires specific levels of coverage and whether insurance is included in the lease or if you need to arrange it separately. Clarify the liability and responsibility for any accidents, damages, or theft that may occur during the lease period.

It's crucial to thoroughly read and understand the entire leasing contract, including the fine print. If you have any doubts or concerns, it's advisable to as one of our agents for clarity.