To lease or not to lease? That is the question…when you are looking at getting a new or used car, at least. Well, if you have already decided to lease instead of buy, here are a few things you may need to know!
Usually, there will be an extra cost every mile that you’ve driven over the limit. You should be able to find the exact penalty for going over your mileage on the contract that was signed when you first leased the vehicle. Of course, you can always contact the dealership and ask, as well.
If you think you are going to go over the limit and don’t want to pay the fee, you really don’t have many options. You can either stop driving around so much or calculate the amount it would cost to buy out the vehicle instead.
Read more: What’s the best solution when you owe more than your car is worth?
If you are looking for your next luxury vehicle then you may want to consider coming over to Mercedes-Benz of Scottsdale. We would love to tell you more about the process of leasing a vehicle, and you can take your future luxury vehicle for a test drive while you’re here!
*2019 Mercedes-Benz E-Class images shown.
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