GM offering 1-month lease extension: GM offering automatic lease extension due to Coronavirus
They say: No need to contact us – if we don’t hear from you 10 days after your original termination date, we will automatically extend your lease for one month. Extending your lease does not add to your current mileage allowance. Extending your lease does not change the residual value of your vehicle.
My questions:
- Does this apply to me? Lease ends June 1.
- Is this advisable/beneficial (I don’t have a problem returning the car on time), or are there gotchas?
- Do I need to pay extra? I did not find info on this.