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Auto Leasing > Standards For Wear And Use
The following information is about Standards For Wear And Use.
Standards For Wear And Use Defined
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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