Car Leasing Glossary - Excess Mileage Charge

Excess mileage charge (car leasing term)

The fee charged for each kilometre in excess of the predetermined mileage limit, as set forth in the lease agreement. The excess mileage charge varies depending on the type of vehicle, and is typically between $0.10 and $0.25 per kilometre.

Car Leasing Excess Wear Charge