When leasing a car, the mileage limit is a key factor. Most leases offer between 10,000 to 15,000 miles per year, but some leases allow higher or lower mileage depending on the contract.
Common Lease Mileage Options
What Happens If You Exceed the Mileage Limit?
📌 Extra Charges – Most leases charge $0.10 to $0.30 per mile over the limit.
📌 Higher Buyout Cost – Excess mileage can reduce the car’s resale value, affecting buyout prices.
📌 Lease-End Fees – If you go significantly over the limit, fees can be expensive.
How to Avoid Excess Mileage Fees
✔ Choose the Right Mileage Plan – Estimate your annual driving habits before signing the lease.
✔ Monitor Your Mileage – Check your odometer regularly to stay within the limit.
✔ Consider a Higher Mileage Lease – Paying for extra miles upfront is cheaper than overage fees.
✔ Purchase Extra Miles – Some companies let you buy additional miles at a lower rate before lease-end.
FAQs
1. Can I lease a car with unlimited mileage?
Most leases have mileage limits, but some commercial or specialty leases offer unlimited miles.
2. What happens if I return the car under the mileage limit?
You won’t get a refund, but it may improve your lease-end buyout offer.
3. Can I negotiate mileage limits on a lease?
Yes, some dealers allow custom mileage leases for an extra cost.
4. Is leasing a good option for high-mileage drivers?
Leasing may not be ideal if you drive over 15,000 miles per year due to excess fees. Buying a car might be a better choice.
5. Can I buy extra miles upfront?
Yes, many leases offer prepaid miles at a lower rate than end-of-lease overage fees.
Final Thoughts
The standard lease mileage is 10,000 to 15,000 miles per year, but selecting the right plan depends on your driving habits. If you expect to exceed your mileage limit, consider buying extra miles upfront or opting for a higher mileage lease to avoid costly overage fees. 🚘
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