Your Chrysler lease has many benefits and some terms and conditions you should know. One of the most important ones is your mileage allowance, or how many miles you can travel in a given year. Going over that limitation can cost you money, so let's look at what Hall Chrysler Dodge Jeep® RAM of Virginia Beach customers need to know before they agree to lease.
How Many Miles You Can Drive a Leased Car
When you're leasing a car, the dealer expects to take it back. As a result, they do not want a vehicle that is excessively worn down. This is where mileage allowances come in. If a driver can only travel so far in a car, they can only put so much wear and tear on it.
Generally, a lease allows you to drive 12,000 miles per year. Some lease agreements offer more mileage — 15,000 or more, in some cases — but these agreements could cost you more. On the other hand, going over your allotted mileage costs you money too, so it's essential to think carefully about your driving habits before you sign a lease.
If you have a long commute or drive a lot in any given year, consider this before leasing. Some car shoppers buy a car rather than lease it for this reason.
Fees and Penalties
When you go over your allotted mileage, you have to pay extra. You have to pay per excess mile, so even going one mile over your limit can result in fees. The more you exceed your mileage limit, the more those fees add up, leaving you a significant bill for excess wear and tear!
If you want to learn more about leases and our lineup of new vehicles, visit our Chrysler dealership near Norfolk, VA. We can give you all the information you need to make an informed purchasing decision!
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