answersLogoWhite

0


Best Answer

Unfortunately; yes you ARE responsible the exact same as if you were the PRIMARY person on the lease. Well sorry. k love yayahs

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: As the co signer for a leased vehicle am i responible for damage to the vehicle when the lease agreement is up?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Repossession of a leased car in ct?

YES LEASED VEHICLE SCAN BE REPO'D, YOU NEED TO READ YOU LEASE AGREEMENT AND CHACK LOCAL AND STATE LAWS.


Who is responsible for damage to a vehicle during a repossession?

the person the vehicle was leased to is responsible as they are the ones that have caused the vehicle to need to be repossessed.


What is Illinois' law for returning a newly leased or purchased vehicle?

As with any contract, you have three (3) business days to cancel the agreement.


What are the 2 types of vehicle leases?

The two types of vehicle leases are closed-end and open-end leases. A closed-end lease is a rental agreement that puts no obligation on the lessee (the person making periodic lease payments) to purchase the leased asset at the end of the agreement. Also called a "true lease", "walkaway lease" or "net lease". An open-end lease is a rental agreement that obliges the lessee (the person making periodic lease payments) to purchase the leased asset at the end of the agreement. Also called a "finance lease".


Can you return a leased vehicle after one day?

why not.


Can a teen drive a leased vehicle?

No They Cannot.


What is the homophone for smallest and rent under written agreement?

least, leased


What if you leased a vehicle and a month later find out that the leasing company had no record of the account being set up Can you just keep the car for free or maybe even give it back?

If you leased a vehicle and the leasing company had no record a month later there are a few options. You can keep the car dishonestly and hope someone doesnÕt report it stolen, or save the payments until the agreement is found and updated so when the agreement is found you are not behind. Lastly, you can turn the car back in.


You are interested in buying your leased 4 runner before the term is up 1109 Is that wise What should you expect to pay?

it is wise if you want the vehicle and you will pay the residual value that is stated on your lease agreement


What is a homophone for rent under written agreement and smallest in amount?

leased, least


What is the homophone for smallest amount rent under written agreement?

least, leased


What is the homophone for Smallest in amount or rent under written agreement?

Least and Leased