Red Carpet Lease Customer Cost For Over Mileage

At the end of your red carpet lease you also have your choice of three different options.

Red carpet lease customer cost for over mileage. That s an extra 225 if you end up driving 12 000 miles per year or 675 if you end up racking up 15 000 miles a year. Variety of popular terms including our popular 24 36 month leases. If you don t know your mileage fee it s in your lease contract you can use typical values that are in most leases. Your monthly payment covers the cost of the entire vehicle over the course of your contract which makes it generally.

It is important to understand that if you return your vehicle and the mileage exceeds the amount allowed under your lease that you will be responsible for the excess miles driven. For some luxury car leases the fee is 0 30 per mile. New certified pre owned or used. Advantages include no trade in worries a smaller monthly payment and you can enjoy a new lincoln more often with 24 or 36 month lease options.

Please refer to your red carpet lease agreement for details about mileage allowance and excess mileage charges. 24 36 and 39 month terms. Red carpet lease provides unique benefits and features. Red carpet lease protects you by waiving the gap between your insurance payoff and your outstanding lease balance if your vehicle is stolen or damaged beyond repair.

Buy or lease a new ford. Lease mileage allowances are expressed as annual miles such as 12 000 miles per year which equates to 1000 miles per month or 36 000 miles total. Purchase your leased vehicle for the price stated in your lease agreement plus any applicable taxes and or fees return your leased vehicle after satisfying any lease end obligations such as mileage wear and use charges and any applicable lease disposition fee. Seven mileage options to choose from.

That means your red carpet lease payments are based on the portion you will use in this case 7 500 plus a lease charge based on the total price. Red carpet leases feature their own incentives. With gap protection you re responsible for only the insurance deductible and any outstanding charges e g past due payments at the time of the incident. Purchase or lease a new vehicle.

0 15 per mile for vehicles that cost up to 30 000 0 20 per for vehicles costing up t0 50 000 and 0 25 for vehicles costing more than 50 000. A car that is expected to be driven 36 000 miles during a 36 month lease will have a higher lease end value and a lower lease payment than the same car that is expected to be driven 45 000 miles.