More Information about the Disposition Fee
If you return the vehicle, you may be charged a disposition fee to defray the lessor's expenses of preparing and selling the vehicle. These expenses may include vehicle cleaning and reconditioning costs, vehicle inspection fees, transportation costs, storage fees, auction fees, administrative costs, and funding costs until the vehicle is finally sold. Not all lessors charge a disposition fee. The lessor may instead deduct the actual selling expenses from the selling price (realized value) of the vehicle and credit you with the balance. |
Return |