How much does it typically cost if you go over on mileage in a lease?

alpinewhite3 · 01-16-2006, 02:47 PM

I got 12k/36 months
and i feel like I may go over
by about 5k-7k miles.
Is it 10 cents per mile or 15
if you go over typically?
-thanks

SteveMD · 01-16-2006, 02:51 PM

If you wait until the end of the lease, I believe it is $0.18 per mile. However you can go to the 'Owners Circle' on www.bmwusa.com and buy extra miles. I think they are only 0.16 there.

Lost Rider · 01-16-2006, 03:41 PM

I was quoted 20 cents per mile over. I have 12,000 a year now, and when crunched the numbers for buying 15,000, it came out the same. 20 cents per mile. The way I see it, you pay now or later doesn't matter.
Maybe different costs in different markets?
The bad streets in chicago cost me .02 more per mile?

marketman · 01-16-2006, 06:39 PM

Assuming this is a BMWFS lease :

If you are no closer than 6 mo. from the end of your lease you can buy miles here in FL for 16 cents per mile .

At the end of your lease you will be penalized 21 cents per mile (unless you buy the car, in which there is no penalty)

01-16-2006, 02:47 PM	#1
alpinewhite3 Major 556 Rep 1,067 Posts Drives: Currently searching Join Date: Nov 2005 Location: North Carolina iTrader: (0)	How much does it typically cost if you go over on mileage in a lease? I got 12k/36 months and i feel like I may go over by about 5k-7k miles. Is it 10 cents per mile or 15 if you go over typically? -thanks
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01-16-2006, 02:51 PM	#2
SteveMD Colonel 193 Rep 2,485 Posts Drives: 2016 F10 535i MSport Join Date: Dec 2005 Location: Raventown! iTrader: (3)	If you wait until the end of the lease, I believe it is $0.18 per mile. However you can go to the 'Owners Circle' on www.bmwusa.com and buy extra miles. I think they are only 0.16 there. __________________ 2006 E90 330i (retired) 2009 E90 335i (retired) 2012 E70 X5 50i M Sport (retired) 2016 F10 535i M Sport
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01-16-2006, 03:41 PM	#3
Lost Rider Captain 87 Rep 805 Posts Drives: R NineT, X1 Join Date: Dec 2005 Location: Ventura County, CA iTrader: (0) Garage List 2014 BMW R NineT [0.00] 2015 X1 xdrive [9.00]	I was quoted 20 cents per mile over. I have 12,000 a year now, and when crunched the numbers for buying 15,000, it came out the same. 20 cents per mile. The way I see it, you pay now or later doesn't matter. Maybe different costs in different markets? The bad streets in chicago cost me .02 more per mile? __________________ GET LOST! www.lostrider.com Last edited by Lost Rider; 01-16-2006 at 05:56 PM..
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01-16-2006, 06:39 PM	#4
marketman Private First Class 3 Rep 153 Posts Drives: 2000 323it Join Date: Jan 2006 Location: Melbourne FL iTrader: (0)	Assuming this is a BMWFS lease : If you are no closer than 6 mo. from the end of your lease you can buy miles here in FL for 16 cents per mile . At the end of your lease you will be penalized 21 cents per mile (unless you buy the car, in which there is no penalty) __________________ Live now. THere will be plenty of time to be dead later.
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