Car Loans, Leasing and Buying

What about mileage on the leased vehicle?

Leased cars have limits as to how many miles they may be driven each year. If you are over, you may have to pay a high-per-miles charge at the end of the lease period as a penalty for driving the car too much.

Probably the toughest restriction concerning leased vehicles is that your contract limits you to how many miles the car can be driven. Penalties are imposed if you drive the car too far.


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