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Yes, if you buy a car with excess mileage, you may have to pay additional charges based on the terms of the purchase agreement.

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6mo ago

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What is the process for turning in a leased car that is under mileage?

To turn in a leased car that is under mileage, you typically need to schedule an inspection with the leasing company. They will assess the condition of the car and verify the mileage. If everything checks out, you can return the car and potentially avoid any excess mileage fees.


Can you explain how car leases work?

A car lease is like renting a car for a set period of time, usually 2-4 years. You make monthly payments to use the car, but you don't own it. At the end of the lease, you can return the car or buy it at a predetermined price. There are usually mileage limits and fees for excess wear and tear.


Can you explain how vehicle leases work?

A vehicle lease is like renting a car for a set period of time, usually 2-4 years. You make monthly payments to use the car, but you don't own it. At the end of the lease, you can return the car or buy it at a predetermined price. Leases often have mileage limits and fees for excess wear and tear.


What factors should I consider when deciding whether to lease or buy a car?

When deciding whether to lease or buy a car, consider factors such as your budget, how long you plan to keep the car, your mileage needs, maintenance costs, and your preference for ownership or flexibility.


What are the most important questions to ask when considering whether to buy or lease a car?

When deciding whether to buy or lease a car, important questions to consider include: What is your budget? How long do you plan to keep the car? What are the maintenance and insurance costs? What are the mileage restrictions and penalties for each option? What is the resale value of the car?

Related Questions

What is the process for turning in a leased car that is under mileage?

To turn in a leased car that is under mileage, you typically need to schedule an inspection with the leasing company. They will assess the condition of the car and verify the mileage. If everything checks out, you can return the car and potentially avoid any excess mileage fees.


How do you reset mileage to zero?

buy a new car


How much over mileage charges leasing vehicle?

It depends on the car of course. A cheaper car will cost about $0.15 per mile while a more expensive luxury or sports car can cost up to $0.50 per mile. You are also responsible for excess wear and tear if you go over the alotted amount.


Can you explain how car leases work?

A car lease is like renting a car for a set period of time, usually 2-4 years. You make monthly payments to use the car, but you don't own it. At the end of the lease, you can return the car or buy it at a predetermined price. There are usually mileage limits and fees for excess wear and tear.


Is it better to buy an older better reviewed car with higher mileage or a lesser reviewed new car with lower mileage?

Many times a high mileage newer used car is much better to buy. The miles are most likely highways miles which are way easier on a car than city driven miles, which is mostly stop and go traffic, and the book price is reduced according to mileage making them an even better deal.


Can you explain how vehicle leases work?

A vehicle lease is like renting a car for a set period of time, usually 2-4 years. You make monthly payments to use the car, but you don't own it. At the end of the lease, you can return the car or buy it at a predetermined price. Leases often have mileage limits and fees for excess wear and tear.


What is too much mileage on a car?

I would never ever buy any car with over 150,000 miles no matter the brand. Some cars I would not buy if they had over 100,000 miles. Depends on the reliability of that car.


Where should I start when I buy a used car?

To buy you a used car you can start by going on Craigslist.com or even at a used car dealership. You'll have to make sure that the mileage isn't too high and it's not completely totaled.


Is 138676 good mileage on a car?

If the car was taken care of and serviced regularly then this is not really high mileage. It is not low mileage either. Expect to spend money on some repairs on a car with this mileage. If the car has been neglected then this is high mileage.


How can the best car gas mileage be obtained?

To get the best gas mileage that you car can give you, be sure to keep your engine tuned, keep your tires inflated, use the right grade of motor oil, don't drive aggressively, use cruise control and remove excess weight in your vehicle.


What is the mileage of car?

The mileage is how many miles the car has travelled, the total mileage is shown on the speedometer dial.


Should you buy a 1987 Mercedes Benz 420SEL that needs a radiator The Car is only 850.00 Should you hop on it?

Yes - the 87 420 and 560 are great cars and if the mileage isn't outrageous - say in excess of 250,000 miles, and the only serious problem is the radiator - buy it. they run forever - I know, I own one.