Wear and Tear Insurance for Leases?

[Zipforia]

Those that have leased the X5, did you purchase the Wear and Tear Insurance? It is typically offered by the dealer and covers the Wear and Tear Damages that have been incurred at the lease turn-in. I believe the insurance ranges somewhere between $500 to $1000 (upfront or built into the lease) and covers up to $5000 to $7000 worth of damages.

Z.

[BMWMico]

Originally Posted by Zipforia

Those that have leased the X5, did you purchase the Wear and Tear Insurance? It is typically offered by the dealer and covers the Wear and Tear Damages that have been incurred at the lease turn-in. I believe the insurance ranges somewhere between $500 to $1000 (upfront or built into the lease) and covers up to $5000 to $7000 worth of damages.

Z.

It's insurance. It's great to have it when you need it, and it's a waist to have it and not need it. In other words - it's a gamble.

[RickP]

I bought it. I live in the city and it gives me peace of mind at end of lease. It was an extra $25 a month.