How Can I Estimate The Annual Mileage For My Lease?

So that we can calculate a lease rental price that is in line with your requirements you will need to choose an annual mileage allowance that is aligned to the mileage you will drive. This can be done by simply taking your monthly mileage (if it is representative of normal driving mileage) and multiply the amount by 12 to get an annual mileage estimate. Historic service details and MOT documents should also be a good source of information to help you estimate your annual mileage. Always remember to factor in any material changes to your mileage requirements, i.e. job change or house move.  We appreciate that estimating your mileage accurately for a number of years can be a challenge, to cater for this most finance companies will allow you to restate your contracted mileage during the term of your agreement to better reflect your actual mileage. Also to cater for any mileage over your agreed contract amount when your vehicle is returned then a small pence per mile charge can be made to reflect this point.