How Much For Extra Miles On A Lease. Does the lower mileage give me any negotiating leverage if I. Vehicles returned with more than 100000 miles are billed at the standard lease-end rate.
However more miles driven tends to lower resale or trade-in value. Your lease will also include a few requirements. The lease specified a limit of 10000 miles a year for three years but Ive driven the car only 16000 miles.
By the end of the lease you have driven the vehicle 50000 miles.
Going over your mileage cap can be costly usually ranging from 10 to 25 cents per additional mile driven. Assuming 1000 downpayment at time of leasing. You determine the amount of miles you plan to drive during the lease term before you sign the contract. For drivers who plan to exceed the typical standard-mileage lease the extra-mileage lease could be a reasonable choice.
