Excess Mileage Fees: What They Really Cost
Educational explainer. U.S.-focused; costs and rules vary by state and by country.
Mileage limits are one of the biggest “gotchas” in leasing. If your driving pattern changes, a small per-mile fee can become a meaningful bill at the end of the term.
Practical tip: If you’re close to the limit, track miles monthly—don’t wait until the last 60 days.
Key points
- Common caps are 10,000–15,000 miles/year (≈16,000–24,000 km).
- Excess mileage fees are often $0.15–$0.30 per mile, but vary by contract.
- Buying extra miles upfront can be cheaper than end-of-term penalties.
- A lease-end buyout can sometimes avoid excess-mileage charges (check terms).
FAQ
What if I exceed by 5,000 miles?
Multiply excess miles by your contract’s per-mile rate. Example: 5,000 × $0.20 = $1,000.
Can I avoid excess mileage fees?
Sometimes by purchasing the vehicle at lease end, but confirm your contract language first.