Reply To: Would you lease?

#324489
MFillingham
Participant

    …..but how many of us need to be paying for 60k miles in 3 years. 10k a year is enough for us!

    This is what I was thinking.  I’ve 14 months remaining on this lease and I’ve managed to accumulate a whole 12k miles so far, I’d be surprised if the end number is much over the 20k annual allowance.

    If there was a 10k standard with an option for higher mileage users to go to 20k per year for an extra AP contribution, to cover the additional depreciation, there’d be a better overall AP for the majority.  I’m pretty sure a quick analysis of returned mileages would show what level that lower setting could reasonably be set at.  The downside is, if their analysts are worth their pay, they’d already be taking into account more realistic estimates given the typical return mileage for each car.

    I'm Autistic, if I say something you find offensive, please let me know, I can guarantee it was unintentional.
    I'll try to give my honest opinion but am always open to learning.

    Mark