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Body Damage/repair and lease impact

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Old 07-27-15, 04:32 PM   #1
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Default Body Damage/repair and lease impact

My car was parked in a parking lot today and when I returned to my car to leave, I noticed somebody had smashed into the left corner of my rear bumper, causing the panel to stick out a few inches in addition to the crumbled corner. Of course, they didn't leave a note and the place's security cameras didn't cover this portion of the lot.
My car is leased and the term ends this December. Does anyone know if this will impact the residual or any lease covenants in any way? Any other tips or pointers would be appreciated.
I was thinking about buying the car at the end of the term, but now I might let it go as it will no longer have a flawless vehicle history report.
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Old 07-27-15, 06:43 PM   #2
Randy B
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As long as you repair to an original condition that's what your lease requires. Additionally, most leases require you notify them of the damages and repairs. Read your fine print.

Randy B
2006 LS430 Blue Onyx Pearl and Cashmere leather interior, Modern Luxury package with Sirius Satellite radio, Smart Access, and Sport Tuned Suspension Package with Chrome 18's.
2014 GX460 Starfire Pearl with Sepia, Driver Support Package, Rear Entertainment System, Trailer Hitch, and Preferred Accessory Package.
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Old 07-27-15, 06:43 PM

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