Are you shopping for a vehicle in the new year? You may be curious about a high mileage lease, and our team can help you understand what makes it different. The Sansone Mazda team has highlighted the pros and cons of these lease options so you can make an informed decision.
Pro: You Have More Mileage
The obvious benefit to a high mileage lease is that you can drive for more miles each year under your lease terms. That makes these leases attractive to those who plan to drive a lot during the year. If you’re worried about whether regular lease terms won’t cut it, our team can help you find the better high mileage options.
Con: Higher Monthly Payments
If you require additional mileage on your vehicle, you’ll be paying more on your vehicle each month. Since the car is expected to drive more each year, we require a larger payment from you when you lease with a higher mileage.
Pro: Better Cost Per Mile
Drivers who are conscious about how much each mile costs on their lease will find better rates via a high mileage lease. Since you’re adding more miles to the lease, you can improve your cost per mile by a sizable amount.
Con: Lower Vehicle Value
After the same amount of time driving a vehicle on both a regular and high mileage lease, the former will typically maintain a higher vehicle value. That’s because a car’s value often decreases faster if you drive it more each month.
Learn About High Mileage Lease Options at Sansone Mazda
If you want to see which high mileage lease options you qualify for, our dealership can help you. Contact Sansone Mazda today to talk to our financing experts about how much mileage you need.
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