I leased a Bolt EV in January, 3yr/15k. I’m using an app to gauge where I’m at with mileage versus where I should be, and am around 7k over (already at 22k about a year in ).
I wanted to get an idea of what my excess mileage charge would be if I don’t purchase it at lease end, but the contract shows “0.N/A per mile”… does this mean I have unlimited miles? Seems unlikely, but everything I’ve read, even on the GMFinancial site, says to check my lease agreement to determine the excess mileage charge…
Didn’t expect to rack up so many. Prior car was a Focus Electric and my average over 5 years was closer to 12k. Had to start commuting more for work this year, and with the much longer range of the Bolt I find myself using it more frequently. Also have a motorcycle, but haven’t been commuting on it much due to weather.
Not really thinking I’ll get out of the excess mileage if I don’t find a good way to curb it, more so just curious why my contract doesn’t state the fee.
If the contract said $.15 a mile, and at lease end, they charged $.25 a mile, would you say he should just pay the extra $.10 and not try to weasel out of it?
My brother had that happen with Chrysler Financial about 15 years ago… the dealer tried to push him to pay the overage (was around 20K over so maybe $2,500?) when they realized they were making no progress, they gave up and he never heard from Chrysler Financial either. A contract is a contract right?
I think they would have to prove that both parties were aware of the appropriate rate and this was a clerical mistake before they could take any type of action based on the current contract.
For $2k probably not worth their time. If he was 60k over, may have been a different story.
For the OP, I wouldn’t assume you are going to get away with paying nothing and would drive it as you normally would.
IANAL, but I have trouble imagining them being able to enforce a per mileage penalty that is contradictory to the contract that is the only enforceable agreement. Not that they wouldn’t try or that it may cost more to fight than to just pay.
Good luck fighting that, lawyers etc or you don’t want your credit dinged. Last time I checked lawyers were a minimum of $200/hr. I’d just try to get them to go $0.15 mile, I’d call that a win
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