You’re probably thinking about leasing a car. And maybe, you’ve spoken to a salesperson and they’ve asked you about mileage. When you lease a car, you agree to do a set amount of mileage each year. This is set out in your contract and is pre-agreed before you sign anything. If you go over this mileage, then you will incur an excess mileage charge. But, more on that later.
Now, you might be thinking ‘well, I don’t want to incur a charge, shouldn’t I just go for a higher mileage?’ which is a very valid question. However, it’s not always the way forward. Again, more on that later.
Say you want to lease a car. But, you do a lot of travelling. A lot. And, you want to know if there is a maximum mileage you can get on a lease car. Is there?
We at OSV advise people on this every day. So, we’re going to answer all your mileage queries, from maximum mileage to the basics of excess mileage charges. I wouldn’t say there is a definite maximum mileage on a lease contract. However, the highest most finance houses will go is 50,000. Some will max out at 35,000 a year...
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