Underestimated mileage on Zoe finance agreement, options?
Discussion
The Zoe is so good that it is being used more than I expected when I leased it.
The 24 month deal I did on 17 Dec 2014 was initially for 7,500 miles / year on the battery and 9,000 miles / year on the car.
Excess on the car is 5p / mile. I don't recall what the excess is on the battery just now, but will find out soon enough from Renault Finance.
Currently the car is on 13,012 miles, so a run rate of 1,020 per month and a projected total of 24,500 over the term. I don't see that going down.
Other than just carrying on regardless and then paying the excess at the end of the term, what options do I have as I get nearer to the contracted mileage?
The 24 month deal I did on 17 Dec 2014 was initially for 7,500 miles / year on the battery and 9,000 miles / year on the car.
Excess on the car is 5p / mile. I don't recall what the excess is on the battery just now, but will find out soon enough from Renault Finance.
Currently the car is on 13,012 miles, so a run rate of 1,020 per month and a projected total of 24,500 over the term. I don't see that going down.
Other than just carrying on regardless and then paying the excess at the end of the term, what options do I have as I get nearer to the contracted mileage?
GreatGranny said:
Contact the Finance Company and chat it through with them.
They may offer you a recalculated rate for the remaining lease.
Or it may be just cheaper to pay the excess.
CheersThey may offer you a recalculated rate for the remaining lease.
Or it may be just cheaper to pay the excess.
Have left a message for someone to call me back. Based on my dealings with Renault on other matters, they might get to me before the lease runs out in December...
Gassing Station | EV and Alternative Fuels | Top of Page | What's New | My Stuff