When you sign on to lease a vehicle, there are many factors to consider. One of the most important is your mileage allotment, as going over mileage can incur significant penalties that you’ll want to avoid. Learn how to properly prepare for your mileage needs with help from Hall | MileOne Autogroup.
Consider Your Mileage Needs
You want to truly consider how many miles you’re going to need at the start of your lease term. Typically, most leases have a mileage allotment of around 12,000 to 15,000 miles per year. That said, if you know you’re going to be doing a lot of driving, it can be worth it to purchase extra miles in advance, so you don’t have to worry about going over.
Monitor Your Miles and Driving
One of the most effective ways to prevent overages is simply by checking your mileage use regularly. It can be helpful to note your mileage once a month, and to spot-check after a long trip, so you know where you stand. Regularly monitoring your mileage will also help you see where you’re using the most miles, giving you some ideas to reduce usage.
Order More Miles
If you haven’t applied for a lease yet, understand that terms are flexible enough to accommodate higher mileage from the outset. If you already have a lease and you’re worried about an overage, remember that you can buy more miles as you go, and that this is generally less expensive than end-of-lease mileage penalties. One caveat: you typically cannot get a refund on these miles if you don’t use them.
Lease Your Next Vehicle at Hall | MileOne Autogroup
No matter what your leasing needs might be, you’ll find support and resources at Hall | MileOne Autogroup. We’ll help you along the ownership journey so that you can focus on the road ahead. Take the first test drive at our dealership today.