There are many reasons to consider a new car lease when financing a new car. Leases can help you save money, and they give you access to the latest models on the market. That said, there are a few things you’ll want to pay attention to when leasing, including mileage. Going over on miles can be costly. Learn the best tips for avoiding overages at MileOne Autogroup.
Get the Right Amount
Most leases have a standard mileage that works out between 10,000 and 15,000 miles per year, but you can negotiate a higher-mileage lease. When deciding how many miles you’ll need for the year, make sure you take time to consider your driving needs and make an informed estimate. It’s also a good idea to add a small percentage of the miles to your calculation, just so you have extra if you’re a little off.
Monitor Regularly
One of the most effective ways to avoid mileage overages is to pay attention to your mileage use. It can be helpful to track your odometer reading when you get gas or at the start of every month. This will let you know if you’re coming close to going over.
Order More Miles
If you know you’re likely going to go over your miles for the year and you don’t want it to put a crimp in your future plans, there’s another option: call the leasing company and ask about purchasing additional miles. They’re typically available at a lower rate than the cost-per-mile overage at the end of your lease. However, if the overage is a one-off and you still have a year or two to correct course, reconsider; you typically can’t refund unused additional miles.
Lease a New Vehicle at MileOne Autogroup
No matter what your leasing or financing needs may be, you’ll get the support that you deserve at MileOne Autogroup. We work one-on-one with drivers to ensure they find tailored lease and finance solutions. Call or visit one of our dealerships to explore your options!