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Re: Leasing X type 3.0 (archive)
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Posted by tim b on November 26, 2001 at 18:11:53:

In Reply to: Re: Leasing X type 3.0 posted by riccardo on November 26, 2001 at 10:01:59:


I do have a stupid question for you.

The amount of kilometers per year that you fix in the leasing are usually checked at the end of each year or only at the end of the leasing?

For example.
If I have a limit of 10000 miles x year and I do 13000 miles the first year and 7000 the next year, will I be charged on the first year?

If I will decide to buy the car at the end of the leasing and I have more miles than agreed, should I pay a fee?

Thanks

Riccardo
the mileage is figured as a total at the end of the lease. if you go over it is usually .18 to .20 per mile. ie at 12000 mi/yr with a 4 yr lease and you put 51000 mi at the end of 4 years you would owe 3000mi x .20=600.dollars



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