U.S. Bank
$395 Contractual Termination Fee Billed After Leased Car Returned

I recently returned a car leased through US Bank. I do not mean to be facetious, but when your lease is up, you are required to turn your car in.

After I turned the car in, I received a bill from US Bank for a "Contractual Termination Fee" of $395. I did look this up in the contract, and it does state a termination fee.

Since you are required to turn the car in, sending a bill for a termination fee feels cheap and like just another way for the bank to rack up fees. It just seems wrong to impose fees when there is no choice but to turn in a car. Isn't this a cost of doing business anyway?

Company: U.S. Bank
Country: USA
State: Minnesota
City: Minneapolis
Address: 800 Nicollet Mall
Phone: 8008722657

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