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If you have gone over the mileage limit on your lease, you can consider buying additional miles or negotiating with the leasing company for a resolution. You may also explore options like trading in the vehicle or paying the excess mileage fees. It's important to communicate openly with the leasing company to find the best solution for your situation.

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6mo ago

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Do miles matter on a lease if you buy the car?

Yes, miles do matter on a lease if you plan to buy the car at the end of the lease term. The number of miles driven can affect the car's value and potential resale value, which can impact the overall cost of buying the car at the end of the lease.


Do you have to pay for extra miles on a lease if you decide to purchase the car at the end of the lease term?

Yes, if you decide to purchase the car at the end of the lease term, you may have to pay for any extra miles that exceed the mileage limit specified in the lease agreement.


How can I avoid paying for extra miles on a lease?

To avoid paying for extra miles on a lease, you can try to accurately estimate your driving needs before signing the lease, choose a lease with a higher mileage allowance, or consider purchasing additional miles upfront if needed. Additionally, you can try to minimize unnecessary driving and use alternative transportation methods when possible.


What if you go over the allotted miles on a lease agreement?

If you exceed the allowed mileage on a lease agreement, you will typically have to pay an additional fee for each extra mile driven. This fee can vary depending on the terms of your lease contract.


What happens if I go over my lease miles?

If you go over your lease miles, you may have to pay additional fees for each mile exceeded. These fees can add up quickly and can be costly. It's important to monitor your mileage and consider purchasing additional miles upfront if you anticipate exceeding the limit.

Related Questions

What is the average mileage per year on a lease?

About 12000 miles on a lease.


Do miles matter on a lease if you buy the car?

Yes, miles do matter on a lease if you plan to buy the car at the end of the lease term. The number of miles driven can affect the car's value and potential resale value, which can impact the overall cost of buying the car at the end of the lease.


Do you have to pay for extra miles on a lease if you decide to purchase the car at the end of the lease term?

Yes, if you decide to purchase the car at the end of the lease term, you may have to pay for any extra miles that exceed the mileage limit specified in the lease agreement.


How can I avoid paying for extra miles on a lease?

To avoid paying for extra miles on a lease, you can try to accurately estimate your driving needs before signing the lease, choose a lease with a higher mileage allowance, or consider purchasing additional miles upfront if needed. Additionally, you can try to minimize unnecessary driving and use alternative transportation methods when possible.


What if you go over the allotted miles on a lease agreement?

If you exceed the allowed mileage on a lease agreement, you will typically have to pay an additional fee for each extra mile driven. This fee can vary depending on the terms of your lease contract.


What are things to look for in a company car lease?

When leasing a company car you will want to check out how many miles per year you can put on the car, and how many years the lease is for. You should also check out the requirements for maintenance that can void the lease.


What happens if I go over my lease miles?

If you go over your lease miles, you may have to pay additional fees for each mile exceeded. These fees can add up quickly and can be costly. It's important to monitor your mileage and consider purchasing additional miles upfront if you anticipate exceeding the limit.


What are your responsibilities and rights when leasing a car?

Leasing a carThe following information assumes you're talking about a closed-end lease, the most common type of vehicle lease. With a closed-end lease, you may return the vehicle at the end of the lease term, pay any end-of-lease costs and walk away. When you lease a vehicle, you have the right to use it for an agreed-upon number of months and miles turn it in at lease end, pay any end-of-lease fees and charges, and "walk away." You may buy the vehicle if you have a purchase option. Take advantage of any warranties, recalls, or other services that apply to the vehicle.When leasing a car you may be responsible for:Excess mileage charges when you return the vehicle. Your lease agreement will tell you how many miles you can drive before you must pay for extra miles and how much the per-mile charge will be.Excess wear charges when you return the vehicle. The standards for excess wear, such as for body damage or worn tires, are in your lease agreement.Substantial payments if you end the lease early. The earlier you end the lease, the greater these charges are likely to be.


Is it better to lease or buy a new car?

Granted, purchasing a vehicle is the worst investment anyone can make. It depreciates so fast (usually one-third its value just driving it off the new car lot) that many people are soon upside down on their car loans, owing more than it's worth. A leased car can only be driven "x" amount of miles during the duration of the lease. Excess miles are charged a horrific rate per mile. In some cases, for a 3 year lease, I've seen some people who just store their car in the garage for a whole year, because they are within 50 miles of the lease mileage limit, and a full year to go on the lease agreement. So what's the use of leasing, then. The advantage to leasing is being able to walk away from the car after the lease expires. There is the "pride of ownership" in buying a car outright, and one doesn't have to worry about being penalized for driving too many miles. What we have done in recent years is rent a car for vacations - put those excessive miles on something we don't own - and save those extended miles from our own vehicles, keeping them newer and in better condition as well as keeping their resale value higher with lower mileage.


How many miles in 10 kg?

To convert kilograms to miles, we need more information about the context of the question. Kilograms are a unit of mass, and miles are a unit of distance. The conversion would depend on factors such as the speed at which the weight is being moved and the specific situation involved.


Where can one find a list of the best lease deals?

Rankings and Reviews, Adam Goldfein's Lease List, Forbes, and TrueCar are some lists for best lease deals. These lists may vary in format, but most feature MSRP prices, monthly payments, down payments, and miles per year.


What is the cost of an unfurnished bakery?

An unfurnished bakery would be an empty space for lease or rent. Lease and rent depends greatly on the exact location. It can very by hundreds per month within just a few miles or blocks.