Think Leasing a Car is a Good Idea? Tip #3
If you are thinking about leasing a car, consider negotiating appropriate mileage for your needs to avoid paying additional penalties.
Published Aug 28, 2018
Think Leasing a Car is a Good Idea? Tip #3
Mileage Limits
Usually, there is a 10,000 or 15,000 mileage limit per year on leased vehicles, so those who commute to work or take frequent long distance trips should pay special attention. Penalties of up to $0.25 per mile will apply for anything over the mileage limit. If you are thinking about leasing a car, consider negotiating appropriate mileage for your needs to avoid paying additional penalties.
Today's tip brought to you by Mvelopes and Money4Life Coaching.
Originally published September 05, 2018.
