[Zipforia]

I'm debating....

Should I go with 10k miles lease and pay $0.16 per miles or just go with 12k lease?

When I did the calculations, with my monthly payment, it's actually cheaper for me to go with 10k and $0.16 per miles (36 month lease and $0.16 per miles for 6k miles) vs. 12k miles lease for 36 months lease. This holds true for 12k miles plus $0.16 per miles for 9k additional miles vs. 15k mile lease for 36 month lease. The savings aren't huge, but a dollar in my pocket is a dollar in my pocket.

Are there any other charges that go on top of $0.16 per mile charge?

BTW, for those of you who are wondering the same thing, you must report to the dealer that you will go over the allotted mileage minimum 4 months prior to lease end to get the $0.16 per mile charge. If not, I believe the dealer will charge you something like $0.26 per additional miles at the lease return.

Z.