over mileage
#1
over mileage
Anyone have experience with going over their mileage with a leased acura? I have 12,000 miles a year and my car will be a year this August and I already have 12,000 miles on it. So Ill end up going over it about 5,000 miles. Any way getting out of paying for the extra mileage if you complain or anything? lol just curious if anyone had experience with this... thanks
#4
I've never looked into a lease so I don't know first hand, but my friend has a lease and is probably going to be over his miles by 30,000. He said when he brings it back he has a buyback option which is a set price regardless of the miles, in his case $10,500, so he will buy it and keep it for another year or so. Before you turn it in you should weigh all your options, and decide if you would be better off buying it rather than paying an extra $2-3k in over mileage penalties.
I don't know if there is any way of getting out of paying for the extra mileage, but I would imagine if you're looking at buying from the same dealership they would be willing to possible waive it as part of your negotiations- but at the same time its less they'll be willing to knock off the MSRP of the new vehicle so it 6 of one, 1/2 dozen of the other.
Good luck!
I don't know if there is any way of getting out of paying for the extra mileage, but I would imagine if you're looking at buying from the same dealership they would be willing to possible waive it as part of your negotiations- but at the same time its less they'll be willing to knock off the MSRP of the new vehicle so it 6 of one, 1/2 dozen of the other.
Good luck!
#5
Drifting
iTrader: (1)
its like .45 cents a mile...
if you buy it out you will be fine, but you will need to contact the leasing company and tell them you are interested in buying but the buyout is alittle too high, they will lower it.
but im pretty sure you have an 08 so you have about 1-2 years left, right?
or buy a beater for daily driving and let the car rest
if you buy it out you will be fine, but you will need to contact the leasing company and tell them you are interested in buying but the buyout is alittle too high, they will lower it.
but im pretty sure you have an 08 so you have about 1-2 years left, right?
or buy a beater for daily driving and let the car rest
#6
Lease is a contract with specifics like 25 cents per mile over limits
If you turn the car in- its has less resale value
If you want to buy it outright- drive it however you like
Read the contract- should have done that before you signed- there is no dealing after the fact
Complain? about what?
If you turn the car in- its has less resale value
If you want to buy it outright- drive it however you like
Read the contract- should have done that before you signed- there is no dealing after the fact
Complain? about what?
#7
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this is y leased vehicles are not good for heavy drivers, my friend went over her mileage on her jeep cherokee.... call the dealer & try and cut a deal for a block of mileage..ie. extra 3,000 mi, 5,000 mi, etc.... see what price they give u and do the math based upon there fee for extra miles per mile.... g/l & i hope that extra mileage doesnt break the bank
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#8
Three Wheelin'
You have the option to buy the car and thus nullify the extra mileage. If you like the car and it is in good condition otherwise, this might be your best move. However, depending on the economy at turn-in, the dealership may be willing to nullify the extra mileage charge as part of a trade-in deal on a new car. Your best bet would be to return to the original dealer who sold you the car. Right now, new car buyers have alot of leverage. I'm sure they'll work with you.
#9
Suzuka Master
Anyone have experience with going over their mileage with a leased acura? I have 12,000 miles a year and my car will be a year this August and I already have 12,000 miles on it. So Ill end up going over it about 5,000 miles. Any way getting out of paying for the extra mileage if you complain or anything? lol just curious if anyone had experience with this... thanks
#10
#11
You have the option to buy the car and thus nullify the extra mileage. If you like the car and it is in good condition otherwise, this might be your best move. However, depending on the economy at turn-in, the dealership may be willing to nullify the extra mileage charge as part of a trade-in deal on a new car. Your best bet would be to return to the original dealer who sold you the car. Right now, new car buyers have alot of leverage. I'm sure they'll work with you.
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