Car Leasing Glossary - Standards for Wear and Use

Standards for Wear and Use (car leasing term)

Statements in the lease agreement defining what the lessor or assignee means by normal wear and use and setting the requirements for the vehicle's condition at the end of the lease. Standards may address such items as the minimum amount of tread on the tires at the end of the lease or the type of dents or scratches that are acceptable. These standards must be reasonable.

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