Low mileage leases?
05-07-2011, 10:43 PM
#1
Low mileage leases?
Anyone aware of any lease companies that do less than 10k mile per year leases, or better yet, that credit back miles under the lease terms?
I think IFS's lowest is 12k miles per year.
Surprising no lease companies seem to provide leases like this. They're missing a whole segment of the market since the general rule of thumb for leasing is it makes little sense to lease if you drive low miles.
Yet these low mileage cars are more attractive for resale at the end of the lease. They gladly charge you if you go over, but don't credit you if you are under. They take the profit from the higher resale value though.
I think IFS's lowest is 12k miles per year.
Surprising no lease companies seem to provide leases like this. They're missing a whole segment of the market since the general rule of thumb for leasing is it makes little sense to lease if you drive low miles.
Yet these low mileage cars are more attractive for resale at the end of the lease. They gladly charge you if you go over, but don't credit you if you are under. They take the profit from the higher resale value though.
Thread
Thread Starter
Forum
Replies
Last Post
04G35NYC
Private Classifieds
7
07-19-2016 01:42 AM
parkern
G37 Sedan
22
10-05-2015 12:12 PM
