Lease Mileage Allowance Calculator | Mek Auto Group

Lease Mileage Calculator

Your lease agreement includes a specific mileage allowance that directly impacts your financial obligations when the lease term ends. Our lease mileage calculator helps you track your current mileage usage and projects potential excess charges based on your driving patterns and remaining lease time. Exceeding this allowance typically results in per-mile penalties ranging from $0.10 to $0.25, sometimes even more depending on the make, model and value of the your car.

Whether you’re working with a dealership or an auto broker, understanding your mileage position allows you to make informed decisions about adjusting driving habits, purchasing additional miles upfront, or exploring early lease termination options before costly overage fees accumulate at lease end.

Pro-Tip: If you contact your manufacturer’s financing/leasing department before your lease ends, they may be willing to reduce your excess mileage charges. For example, we’ve seen instances where the overage rate was lowered from $0.25 per mile to $0.20 per mile simply by reaching out and discussing your situation in advance.

Disclaimer: This calculator projects your lease-end mileage and potential costs based on the information you provide, such as current mileage, lease term, and other relevant details. The results are estimates for informational purposes only and may not reflect your exact situation. Actual excess mileage charges will depend on your specific lease agreement and final odometer reading.