Common use of Excess Wear and Tear Deduction Clause in Contracts

Excess Wear and Tear Deduction. When we calculate the Sale Price, we will do an initial inspection of the Vehicle’s condition to estimate the total cost of repairing and restoring the Vehicle to saleable condition (although we will not take into account any normal wear and tear for this purpose). The estimated costs will include the cost of preparing or replacing: • glass that is damaged or that you have tinted; • damaged body, fenders, metal work, lights, trim or paint; • missing equipment that was in the Vehicle when delivered and has not been replaced with equipment of equal quality and design; • missing wheel covers, jack or wheel wrench; • missing or unsafe wheels or tyres (including spare); • any tyre with less than 5mm of tread remaining at the shallowest point; • torn, damaged or stained dash, floor covers, seats, headlines, upholstery, interior work or bootliners; • any mechanical damage or other condition that causes the Vehicle to operate in a noisy, rough, improper, unsafe or unlawful manner; • any other damage, but this is not a complete list. The total amount of these estimated costs will be the Excess Wear and Tear Deduction (subject to the two exceptions below), and we will notify you of this amount after we have completed our initial inspection. Exceptions • If you disagree with our calculation, you can pay for a professional inspection of the Vehicle’s condition by a Jaguar Land Rover dealer or an independent third party that we approve and, if you do so, the amount confirmed by that professional inspector will be the Excess Wear and Tear Deduction. • If, in our opinion, the Vehicle’s condition has materially deteriorated since our initial inspection or the professional inspection (see above), we can either undertake another inspection of the Vehicle’s condition, or require you to organise another professional inspection to update the Excess Wear and Tear Deduction on the Due Date, and we will adjust the Sale Price to reflect the revised Excess Wear and Tear Deduction.

Excess Wear and Tear Deduction. When we calculate the Sale Price, we will do an initial inspection of the Vehicle’s condition to estimate the total cost of repairing and restoring the Vehicle to saleable condition (although we will not take into account any normal wear and tear for this purpose). The estimated costs will include the cost of preparing or replacing: • glass that is damaged or that you have tinteddamaged; • damaged body, fenders, metal work, lights, trim or paint; • missing equipment that was in the Vehicle when delivered and has not been replaced with equipment of equal quality and design; • missing wheel covers, jack or wheel wrench; • missing or unsafe wheels or tyres (including spare); • any tyre with less than 53mm of tread remaining at the shallowest point; • torn, damaged or stained dash, floor covers, seats, headlines, upholstery, interior work or bootliners; • any mechanical damage or other condition that causes the Vehicle to operate in a noisy, rough, improper, unsafe or unlawful manner; • any other damage, but this is not a complete list. The total amount of these estimated costs will be the Excess Wear and Tear Deduction (subject to the two exceptions below), and we will notify you of this amount after we have completed our initial inspection. Exceptions • If you disagree with our calculation, you can pay for a professional inspection of the Vehicle’s condition by a Jaguar Land Rover dealer or an independent third party that we approve and, if you do so, the amount confirmed by that professional inspector will be the Excess Wear and Tear Deduction. • If, in our opinion, the Vehicle’s condition has materially deteriorated since our initial inspection or the professional inspection (see above), we can either undertake another inspection of the Vehicle’s condition, or require you to organise another professional inspection to update the Excess Wear and Tear Deduction on the Due Date, and we will adjust the Sale Price to reflect the revised Excess Wear and Tear Deduction.

Excess Wear and Tear Deduction. When we calculate the Sale Price, we will do an initial inspection of the Vehicle’s condition to estimate the total cost of repairing and restoring the Vehicle to saleable condition (although we will not take into account any normal wear and tear for this purpose). The estimated costs will include the cost of preparing or replacing: •  glass that is damaged or that you have tinted; •  damaged body, fenders, metal work, lights, trim or paint; •  missing equipment that was in the Vehicle when delivered and has not been replaced with equipment of equal quality and design; •  missing wheel covers, jack or wheel wrench; •  missing or unsafe wheels or tyres (including spare); •  any tyre with less than 5mm of tread remaining at the shallowest point; •  torn, damaged or stained dash, floor covers, seats, headlines, upholstery, interior work or bootliners; •  any mechanical damage or other condition that causes the Vehicle to operate in a noisy, rough, improper, unsafe or unlawful manner; • and  any other damage, but this is not a complete list. The total amount of these estimated costs will be the Excess Wear and Tear Deduction (subject to the two exceptions below), and we will notify you of this amount after we have completed our initial inspection. Exceptions • Exceptions: If you disagree with our calculation, you can pay for a professional inspection of the Vehicle’s condition by a Jaguar Land Rover Holden dealer or an independent third party that we approve and, if you do so, the amount confirmed by that professional inspector will be the Excess Wear and Tear Deduction. • If, in our opinion, the Vehicle’s condition has materially deteriorated since our initial inspection or the professional inspection (see above), we can either undertake another inspection of the Vehicle’s condition, or require you to organise another professional inspection to update the Excess Wear and Tear Deduction on the Due Date, and we will adjust the Sale Price to reflect the revised Excess Wear and Tear Deduction.