Lease Mileage Calculator
Calculate excess mileage charges on your leased vehicle. Most auto leases include an annual mileage allowance, and exceeding this limit can result in significant fees when you return the vehicle.
Mileage Analysis
Allowed Annual Mileage:
0 miles
Actual Annual Mileage:
0 miles
Excess Annual Mileage:
0 miles
Cost Analysis
Excess Mileage Rate:
$0.00/mile
Lease Term:
0 months
Total Excess Charges:
$0.00
Recommendations
Monthly Allowance:
0 miles
Current Pace:
0 miles/month
Status:
On Track
Understanding Lease Mileage
When you lease a vehicle, you're typically allowed a certain number of miles per year. Exceeding this mileage allowance results in excess mileage charges that can significantly increase your leasing costs. Understanding and managing your mileage is crucial for keeping lease payments affordable.
How Lease Mileage Works
Mileage Allowance
- Typically 10,000-15,000 miles per year
- Specified in lease agreement
- Based on average driving habits
- Can sometimes be negotiated
Excess Mileage Charges
- $0.15-$0.25 per excess mile
- Charged at lease end
- Can add hundreds or thousands
- Negotiable in some cases
Mileage Tracking
- Track monthly mileage
- Use vehicle's odometer
- Keep detailed records
- Monitor against allowance
Avoiding Excess Charges
- Choose appropriate allowance
- Monitor driving habits
- Consider mileage waiver options
- Plan trips efficiently
Typical Mileage Allowances
| Driving Habits | Annual Miles | Monthly Average | Recommended Allowance |
|---|---|---|---|
| Light Driver | 6,000-9,000 | 500-750 | 10,000 miles |
| Average Driver | 10,000-14,000 | 833-1,167 | 12,000-15,000 miles |
| Heavy Driver | 15,000+ | 1,250+ | 15,000+ miles |
Excess Mileage Costs
Cost Examples
Low Excess Scenario
- 2,000 excess miles
- $0.20 per mile rate
- Total cost: $400
- Added to lease payments
High Excess Scenario
- 10,000 excess miles
- $0.25 per mile rate
- Total cost: $2,500
- Significant added expense
Luxury Vehicle
- 5,000 excess miles
- $0.40 per mile rate
- Total cost: $2,000
- Higher rates common
Commercial Lease
- 20,000 excess miles
- $0.50 per mile rate
- Total cost: $10,000
- Business use higher
Mileage Management Strategies
Prevention Strategies:
- Choose appropriate mileage allowance
- Use fuel-efficient routes
- Combine errands into one trip
- Consider public transportation
Monitoring Tools:
- Vehicle's trip computer
- Mileage tracking apps
- Monthly odometer readings
- Spreadsheet tracking
Lease-End Options
If Under Mileage:
- No excess charges
- May qualify for incentives
- Consider early termination
- Document mileage accurately
If Over Mileage:
- Negotiate with dealer
- Consider mileage waiver
- Purchase vehicle to avoid charges
- Plan for charges in budget
Key Takeaways for Lease Mileage
- Most auto leases allow 10,000-15,000 miles per year
- Excess mileage charges typically range from $0.15-$0.45 per mile
- Track your monthly mileage to avoid surprises at lease end
- Choose a mileage allowance that matches your driving habits
- Excess charges can add hundreds or thousands to your costs
- Consider purchasing additional mileage upfront if available
- Keep detailed mileage records throughout the lease term
- Negotiate excess charges or consider buying the vehicle at lease end