Wear and Tear Coverage

[ejlee111]

I just leased a new 2004 BMW 330Ci. I was surprised at the time of pick-up at the added costs of Wear and Tear coverage on top of my monthly payments. I opted for the Basic Wear and Tear plan which will cost me about $15 per month. The thing is, I plan on buying the vehicle after my 3-year lease is up. Should I cancel this Wear and Tear plan? Do I really need it?

 

[codex57]

are you sure you're gonna buy the car after the lease is up? If so, then go ahead and cancel it. If not positive, keep it for a little while longer while you consider it.