Fair wear and tear occurs when normal usage causes acceptable deterioration to a vehicle. This will include affects to the tyres, bumpers, windows glass and any other exterior or interior issues. When finance companies review deterioration to the vehicles condition at the end of a contract, the age, mileage and use of the vehicle are taken into account.
Fair wear and tear is not to be confused with damage, which occurs as a result of a specific event or series of events such as impact, inappropriate stowing of items, harsh treatment, negligent acts or omissions.
The vehicle will be analysed at the end of your contract and for any excess damage that doesn't fall into acceptable levels of fair wear and tear, you may be liable for a penalty fine.
Below we have provided a quick guide to the main areas that are appraised at the end of a vehicle contract. Whilst it gives a good indication of things to consider prior to the vehicle return, you should always check with your specific finance company and obtain their fair wear and tear standards.
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