Taking on a Lexus lease here at Lexus of Valencia is a great way to get behind the wheel of a luxury car. However, before signing the paperwork, it is crucial to understand that leasing differs from buying in several ways. One of these differences is lease mileage limits. Here is a handy guide to help explain how Lexus lease mileage limits work and how to manage them effectively.
What Are Lease Mileage Limits?
Your Lexus lease agreement includes a predetermined annual mileage limit. This typically ranges from 7,500 to 15,000 miles per year, representing the maximum number of miles you can drive the vehicle during the lease term without incurring extra fees. The mileage limit plays a key role in determining your monthly lease payment, as lower mileage limits generally result in lower payments.
How Are Mileage Limits Calculated?
Mileage limits tend to be calculated on an annual basis. For example, signing a 36-month Lexus lease on a new 2025 Lexus NX with a 10,000-mile yearly limit allows for a total of 30,000 miles during the lease term. It’s important to remember that the calculation is cumulative. You don’t have to drive precisely 10,000 miles per year, but exceeding 30,000 miles in total will result in overage charges.
Tips for Managing Your Mileage
- Estimate Your Driving Needs: Before signing your Lexus lease, consider how much you drive in a typical year.
- Track Your Mileage: Throughout your lease term, monitor your mileage to help stay on track.
- Consider Purchasing Additional Mileage: If you think you may exceed the mileage limit, you may be able to purchase additional mileage at a lower rate than the overage fee.
Get the Ball Rolling On Your Lexus Lease in Valencia, CA
At Lexus of Valencia, our friendly team is happy to demystify mileage limits. Visit us to get the ball rolling on your Lexus lease or learn more about the process.
