goin over miles with a lease
#1
08-08-2005, 04:03 PM
goin over miles with a lease
hey i got a question if u lease a car from infiniti andu get an allowence 12000 miles a year for a 3 yr lease.
say the first year u use 16000 miles meaning 4000 over ur allowence
the second year u use 8000 mile meaning 4000 under your allowence
the third year u use 12000 mile right on allowence
in total u used 36000 mile so you didnt go over your allowed amount for 3 years
do they still charge you for the first year that you went over?
say the first year u use 16000 miles meaning 4000 over ur allowence
the second year u use 8000 mile meaning 4000 under your allowence
the third year u use 12000 mile right on allowence
in total u used 36000 mile so you didnt go over your allowed amount for 3 years
do they still charge you for the first year that you went over?
#7
08-08-2005, 04:44 PM
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#12
08-08-2005, 05:15 PM
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#13
08-08-2005, 05:53 PM
Its total miles at the end of lease, so...
...if you've agreed to a 3yr or 36,000k mile lease ($0.15 ea mile over 36,000)
...you turn in your vehicle with 42,000 miles on it...you owe an additional $900 upon lease termination ($0.15 x 6000 miles).
If you decide to get another vehicle from the same mfg you can roll that $900 into the bottom line of that next vehicle (negative equity).
...if you've agreed to a 3yr or 36,000k mile lease ($0.15 ea mile over 36,000)
...you turn in your vehicle with 42,000 miles on it...you owe an additional $900 upon lease termination ($0.15 x 6000 miles).
If you decide to get another vehicle from the same mfg you can roll that $900 into the bottom line of that next vehicle (negative equity).
#15
08-08-2005, 06:00 PM
