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Objective financial breakdowns, lease agreement clauses, state tax rules, and money factor calculations to eliminate dealer opacity before signing your next vehicle contract.

All Topics (17) Payment Agreement Lease Payment Taxes and Fees Wear and Tear Modifications Mileage Term
How to Choose the Right Mileage Limits in a Car Lease & What to Do If You Exceed It
Mileage 7 min read

How to Choose the Right Mileage Limits in a Car Lease & What to Do If You Exceed It

You can choose an annual mileage limit of 10000, 12000, or 15000 miles for your lease. If you exceed this limit by the end of the lease term, you’ll have to compensate for the decrease in the vehicle’s residual value due to excessive mileage. To minimize costs, you should either select the optimal mileage limit or take one of the following four actions.

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