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How to Choose the Right Mileage Limits in a Car Lease & What to Do If You Exceed It
Nathan Brooks
Feb 18, 2025
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.