Will there be a huge excess mileage charge at the end of my lease contract?
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The scariest car leasing horror stories relate to massive charges for excess mileage at the end of the leasing contract...
Our account managers will discuss how many miles you estimate you’ll drive over the course of a year. It is really important to try and give an accurate figure as the monthly payment cost will reflect the number of miles that you estimate you’ll cover over the lease of your vehicle.
Prices will generally increase as the vehicle mileage goes up, to take into account the additional wear and tear on the vehicle. The exact excess mileage charge will depend upon several factors including the make and model of the lease car / van and the inclusion / exclusion of a maintenance package.
Charges vary but can range anywhere between 2p-30p for every extra mile over the course of your contract.
We’ll let you know the exact amount at quotation stage.
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Regal Garage (Bromsgrove) Ltd trading as Regal Autolease are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 787993
Registered in England & Wales with company number : 00554796 | Data Protection No : ZA140638 | VAT No : 111 4829 00
Registered Office : Prydis, Senate Court, Southernhay Gardens, Exeter, England, EX1 1NT
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All vehicle leases are subject to credit approval and subject to change at any time.
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