Reply To: Leaving if approved

#349633
Avatar photoDJWheels
Participant

    On all current leases mileage is locked and agreed at the point of Application (1st visit to dealership) for the duration of the lease.

    So your included mileage will be 20,000 per calendar year (60,000 on a ‘regular car’ 3 year lease) and will not change while you have your current car.

    However if you terminate early for any reason, you only get the ‘daily equivalent’ of the mileage allowance; 55 miles per day that you had the car.

    As per condition 2.4 of the lease (October 2025 wording):

    2.4 When requested to do so, you will pay to us Excess
    Mileage Payments, of 5p per mile for every mile
    in excess of 20,000 miles per year of the Hire
    Term, together with any applicable Value Added
    Tax. Where the agreement is terminated early for
    whatever reason, when requested to do so, you
    will pay to us an Excess Mileage Payment of 5p per
    mile for every mile in excess of the pro rata annual
    mileage allowance

    • This reply was modified 3 weeks ago by Avatar photoDJWheels. Reason: added a clarification on pro rata