Mileage on lease agreement
#2
There should be an item under disclosures labeled excess wear and use. It will tell you the total mileage included in your lease and the amount charged for excess. Lexus usually is 25 cents.
#3
Pole Position
Thread Starter
Very strange..
Think someone made a big mistake.
#5
Pole Position
Thread Starter
May I ask why you would think that?
Everything I have read so far on the Internet is leaning towards unlimited miles.
The N/A means not applicable. Which means the overage of mileage does not apply because there is no number to go over.
Everything I have read so far on the Internet is leaning towards unlimited miles.
The N/A means not applicable. Which means the overage of mileage does not apply because there is no number to go over.
Last edited by Lexusxoxo; 10-01-15 at 12:19 PM.
#7
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#8
Lead Lap
I don't know a lot about leases, but I'm not sure that I recall having seen an unlimited miles lease, and, if there is an unlimited miles lease available, I would imagine that the payments on such a lease would be especially high.
#9
Time to post the contract you are looking at. Block out your name and the vin, or fold the top over, and post it up here so we can see what you are talking about. Maybe you are missing something. Also read the back there may be an explanation.
#10
Pole Position
Thread Starter
http://www.myrav4ev.com/forum/viewtopic.php?f=3&t=754
Last edited by Lexusxoxo; 10-01-15 at 04:20 PM.
#14
Pole Position
Thread Starter
I have read my lease word for word both front and back.. The only place they talk about the mileage is line 10 where mine says N/A.
#15
Pole Position
Thread Starter
Excessive wear and use. You may be charged for excessive wear based on our standards for normal use and for mileage in excess of N/A miles over the odometer mileage disclosed above at the rate of $0.25 per mile.
The problem is the mileage disclosed above is N/A.