Question: Can you lease a car for 25000 miles a year?

Most leasing companies will let you pre purchase additional miles on your lease (around . 10 per mile). Some will limit you to 25k per year (you did not mention how many you need). Check into leases that have lower mileage penalties at turn in.

Is 25000 miles a year a lot?

The less you turn the car off and have cold starts the better it is generally for your engine. 25,000 per year could be good in some areas of longevity but bad in others. A lot of that depends on the individual owner driving style and maintenance procedures they actually follow.

Can I get a 30000 mile lease?

Most leases are advertised for 12,000 or 15,000 miles per year, but that doesn’t mean leasing companies won’t be willing to write a lease for many more miles. … Salespeople who drive for a living often end up with leases for as much as 30,000 miles per year.

What is the highest mileage lease you can get?

Plus, mileage is typically capped at 12,000 to 15,000 miles per year, and you’ll pay about 20 cents per extra mile at the end of the lease. You can negotiate a high-mileage lease—up to 30,000 miles per year—but you’ll pay extra for the increased depreciation.

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Is 24000 miles a year a lot for a car?

California posts the most total miles per year (340 billion), but Wyoming has the highest per capita mileage at 24,000 each year. … Men drive around 6,000 miles per year more than women on average, and after retirement drivers post around 30 percent fewer miles per year.

Is driving 30000 miles a year bad?

Here’s what to know before purchasing a used car. As a general rule of thumb, 15,000 miles a year is considered an “average” number of miles per year. … However, if a car has not been maintained properly and has been driven hard or previously wrecked, it can be junk with only 30K miles on the odometer.

Can a car last 500000 miles?

THERE is no one secret to getting your car to live to a ripe old odometer reading. Luck could get you there, but it is no surprise that many vehicles that have reached 200,000, 400,000 and even 500,000 miles have received extraordinary care and maintenance, often with the owners doing the routine work themselves.

What credit score do I need to lease a car?

According to NerdWallet, the exact credit score you need to lease a car varies from dealership to dealership. The typical minimum for most dealerships is 620. A score between 620 and 679 is near ideal and a score between 680 and 739 is considered ideal by most automotive dealerships.

When should you lease vs buy?

The choice between buying and leasing is often a tough call. On the one hand, buying involves higher monthly costs, but you own an asset—your vehicle—in the end. On the other, a lease has lower monthly payments and lets you drive a vehicle that may be more expensive than you could afford to buy.

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Should you put money down on a lease?

1. Getting a lower monthly payment: Making a sizable down payment will certainly reduce your monthly lease payments, but it probably won’t save you a ton of money compared to the overall cost of ownership while you lease. That’s because a low money factor means negligible interest charges.

What happens if you wreck a leased car?

You still owe the leasing company for the value of the vehicle when an accident occurs. However, you may cover repairs with your insurance policy. You may also have gap insurance that pays the difference if you total a leased car, and you suddenly owe the leasing company for the entire value of the vehicle.

Can you lease a car with 20k miles a year?

If you plan to drive 20,000 miles per year, you want a lease that allows you to do so. Some leases offer less annual mileage, which can result in having to pay additional fees. If you pick a high mileage lease, you can drive as much as you need to without paying additional money. This choice can be more affordable.

Why Leasing a car is smart?

Leasing a car has potential benefits that may appeal to some drivers: Lower monthly payments: Monthly payments for a car lease are usually lower than monthly car loan payments, so leasing could mean spending less money each month to drive the same car.

Is 80k miles a lot for a car?

Ideally, you will want to choose something under 80,000 miles and take reliability into account. For example, a reliable vehicle like a Honda Civic with 50,000 miles may be a better purchase than a Ford Taurus with 30,000 miles of the same year or age.

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How many miles should a used 2020 car have?

A one or two year old 2020 model should have 15,000 – 30,000 miles. How many miles should a 2015 model have? A five or six year old 2015 model should have 75,000 – 90,000 miles.

Is 20000 miles in a year bad?

Typically, putting 12,000 to 15,000 miles on your car per year is viewed as “average.” A car that is driven more than that is considered high-mileage. With proper maintenance, cars can have a life expectancy of about 200,000 miles.

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