PCH - Way under mileage due to Pandemic
Discussion
Hi All,
I have a Nissan LEAF with NISSAN Finance that I took out in March 2020 (just before the 1st lockdown kicked in).
Since then I have been working from home and not needed the car to commute. I will probably not be commuting until the vaccines are all rolled out and even then everyone will be working from home a lot more than they were.
As a result I am probably on target to only do 8k or 9k a year mileage - and my contract is for 15k miles a year.
I have asked Nissan Finance multiple times to consider revising the overall mileage but they will not consider it.
It seems a bit unfair that you can adjust your mileage upwards and not downwards in a contract.
As it stands I will probably be handing the car back with around 16k miles and will have paid for 30k miles.
The original deal I enquired about was for 8k miles a year and I adjusted it for my expected mileage, this cost me just over £50 a month extra, that leaves me around £1200 out of pocket.
Does anyone know if I can do anything about this?
Thanks in advance
I have a Nissan LEAF with NISSAN Finance that I took out in March 2020 (just before the 1st lockdown kicked in).
Since then I have been working from home and not needed the car to commute. I will probably not be commuting until the vaccines are all rolled out and even then everyone will be working from home a lot more than they were.
As a result I am probably on target to only do 8k or 9k a year mileage - and my contract is for 15k miles a year.
I have asked Nissan Finance multiple times to consider revising the overall mileage but they will not consider it.
It seems a bit unfair that you can adjust your mileage upwards and not downwards in a contract.
As it stands I will probably be handing the car back with around 16k miles and will have paid for 30k miles.
The original deal I enquired about was for 8k miles a year and I adjusted it for my expected mileage, this cost me just over £50 a month extra, that leaves me around £1200 out of pocket.
Does anyone know if I can do anything about this?
Thanks in advance
Sorry to be controversial but why is COVID and your lack of using the car the fault of Nissan?
You signed up to a contract and didn't do the mileage at no fault of Nissan (or yourself) - totally unforeseen.
Loads of NHS workers have gone over their contract because of COVID, would they be expected to cover this cost, for example?
You signed up to a contract and didn't do the mileage at no fault of Nissan (or yourself) - totally unforeseen.
Loads of NHS workers have gone over their contract because of COVID, would they be expected to cover this cost, for example?
Luke-36 said:
Sorry to be controversial but why is COVID and your lack of using the car the fault of Nissan?
You signed up to a contract and didn't do the mileage at no fault of Nissan (or yourself) - totally unforeseen.
Loads of NHS workers have gone over their contract because of COVID, would they be expected to cover this cost, for example?
Nothing Controversial, I am not asking Nissan to cover any cost.You signed up to a contract and didn't do the mileage at no fault of Nissan (or yourself) - totally unforeseen.
Loads of NHS workers have gone over their contract because of COVID, would they be expected to cover this cost, for example?
Due to the Pandemic, my circumstances have changed, I am just asking to adjust my mileage in the contract.
I had the same situation in reverse in my last lease (Santander) - I moved jobs and was commuting by car instead of by train - my mileage increased.
It was no problem increasing my mileage - why should it be a problem doing it the other way around?
Nissan will get a car back with much less mileage than was agreed, therefore it will be worth more than it would have been had I done the agreed mileage.
If I go over the mileage - yes I am expected to cover the cost at x pence a mile.
You are asking Nissan to take cost, by reducing the payments you want to make them. What incentive is there for them to help you? You coudld argue you will return a vehicle with half the mileage you expected at the end of the lease - they can counter argue that becuase of the impending recession the car will have a lower value in any case. I can see why they would not be interested in your offer to reduce their revenue.
abzmike said:
You are asking Nissan to take cost, by reducing the payments you want to make them. What incentive is there for them to help you? You coudld argue you will return a vehicle with half the mileage you expected at the end of the lease - they can counter argue that because of the impending recession the car will have a lower value in any case. I can see why they would not be interested in your offer to reduce their revenue.
Why does everything have to have an incentive ?If I paid for something that I can no longer use due to a change in my circumstances (beyond my control) - why can there not be flexibility to change the contract?
Like I said, that flexibility was there when the situation was reversed in my last contract.
If they counter argue then maybe there can be some agreement and meet half way - but they are just saying, you signed the contract, you can no longer change it.
Had I decided to sign a contract for 8k miles - I would have been £1200 better off, even if they agreed to reduce the payments by half that amount, I would be happy.
AbuHaneefah said:
Why does everything have to have an incentive ?
If I paid for something that I can no longer use due to a change in my circumstances (beyond my control) - why can there not be flexibility to change the contract?
Like I said, that flexibility was there when the situation was reversed in my last contract.
If they counter argue then maybe there can be some agreement and meet half way - but they are just saying, you signed the contract, you can no longer change it.
Had I decided to sign a contract for 8k miles - I would have been £1200 better off, even if they agreed to reduce the payments by half that amount, I would be happy.
If you had signed a contract for 8k miles, it would have been cheaper, but it wasn't what you needed.If I paid for something that I can no longer use due to a change in my circumstances (beyond my control) - why can there not be flexibility to change the contract?
Like I said, that flexibility was there when the situation was reversed in my last contract.
If they counter argue then maybe there can be some agreement and meet half way - but they are just saying, you signed the contract, you can no longer change it.
Had I decided to sign a contract for 8k miles - I would have been £1200 better off, even if they agreed to reduce the payments by half that amount, I would be happy.
It is important to understand the risk of circumstance change when taking out a lease. Of course who could have preducted what has happened in 2020, but there are a myriad of things that could have resulted in using the car less than you had planned. If you want flexibility, take out a low mileage contract, and work out what it will cost you in additional miles.
Matt_E_Mulsion said:
If you rented one of your rooms out to a lodger for £100 a week and then six months down the line he starts seeing a new lady friend and he only now comes 'home' four nights out of seven, would you be willing for him to only pay you £60 a week???
No but I would probably reduce his rent if he was using less electric, water and heating- it would have to be proportionate.I happen to have a house that I rent out and have reduced my tenants rent and allowed him to defer a lot of his payments because he was furloughed - but I guess I am not a big corporation where the bottom line is everything.
to be fair to OP, i can see his point.
Completely innacurate example figures:
If he took out the PCH at 5kpa he would have paid £250pm , Nissan would have a 15000 mile car worth £10k at the end of the agreement
If he took out the PCH at 10kpa he would have paid £300pm, Nissan would have a 30000 mile car worth £8k at the end of the agreement
So OPs point is that Nissan are getting something out of it - the car they are ultimately renting out should be coming back with 30k miles and be worth 8k, but Brucey Bonus it's worth £10k.
OP is up front asking to reduce his mileage allowance to land somewhere in between those figures, i don't think that is an unreasonable ask, Nissan will be getting something out of it too and rightly allow upward mileage adjustments. It's different to handing over the keys and asking for £2k.
I am sure Nissan are not obliged to assist though, it might take the right approach, speaking to the right person. Either that or get it shipped over to Argentina and follow Ewan and Charlie's adventure.
I do feel sorry for the people who bought brand new cars recently though, sitting on the drive - especially the high end stuff, huge wastage.
Completely innacurate example figures:
If he took out the PCH at 5kpa he would have paid £250pm , Nissan would have a 15000 mile car worth £10k at the end of the agreement
If he took out the PCH at 10kpa he would have paid £300pm, Nissan would have a 30000 mile car worth £8k at the end of the agreement
So OPs point is that Nissan are getting something out of it - the car they are ultimately renting out should be coming back with 30k miles and be worth 8k, but Brucey Bonus it's worth £10k.
OP is up front asking to reduce his mileage allowance to land somewhere in between those figures, i don't think that is an unreasonable ask, Nissan will be getting something out of it too and rightly allow upward mileage adjustments. It's different to handing over the keys and asking for £2k.
I am sure Nissan are not obliged to assist though, it might take the right approach, speaking to the right person. Either that or get it shipped over to Argentina and follow Ewan and Charlie's adventure.
I do feel sorry for the people who bought brand new cars recently though, sitting on the drive - especially the high end stuff, huge wastage.
mickyh7 said:
Yum!
Another bite out of Lifes s
t Sandwich.
Some people have lost everything because of this Virus (read no fault of their own).
Deep breath and move on.
Oh, and just don't consider Nissan again.
Of course I feel for these people and do not think I am in the same boat.Another bite out of Lifes s
t Sandwich. Some people have lost everything because of this Virus (read no fault of their own).
Deep breath and move on.
Oh, and just don't consider Nissan again.
However why does it seem that people on here seem to think that the corporations should profit from the pandemic.
Didn't I see some posts on here about people getting some free months hire extension at the start of the pandemic? I could have requested the same as my Volvo was due back at the end of April - however I returned the car early paying the early return penalty (fair enough because that is what I was contracted to do) and rented something else.
I wasn't furloughed or made redundant so I didn't ask for a payment holiday either.
Anyway, my point on here was if there was any way to adjust mileage downwards once you were in contract.
It's more of a legal question I suppose.
Everyone just seems to be replying to say tough luck - just suck it up and pay them.
joropug said:
to be fair to OP, i can see his point.
Completely innacurate example figures:
If he took out the PCH at 5kpa he would have paid £250pm , Nissan would have a 15000 mile car worth £10k at the end of the agreement
If he took out the PCH at 10kpa he would have paid £300pm, Nissan would have a 30000 mile car worth £8k at the end of the agreement
So OPs point is that Nissan are getting something out of it - the car they are ultimately renting out should be coming back with 30k miles and be worth 8k, but Brucey Bonus it's worth £10k.
OP is up front asking to reduce his mileage allowance to land somewhere in between those figures, i don't think that is an unreasonable ask, Nissan will be getting something out of it too and rightly allow upward mileage adjustments. It's different to handing over the keys and asking for £2k.
I am sure Nissan are not obliged to assist though, it might take the right approach, speaking to the right person. Either that or get it shipped over to Argentina and follow Ewan and Charlie's adventure.
I do feel sorry for the people who bought brand new cars recently though, sitting on the drive - especially the high end stuff, huge wastage.
Exactly - wrong figures but my point exactly.Completely innacurate example figures:
If he took out the PCH at 5kpa he would have paid £250pm , Nissan would have a 15000 mile car worth £10k at the end of the agreement
If he took out the PCH at 10kpa he would have paid £300pm, Nissan would have a 30000 mile car worth £8k at the end of the agreement
So OPs point is that Nissan are getting something out of it - the car they are ultimately renting out should be coming back with 30k miles and be worth 8k, but Brucey Bonus it's worth £10k.
OP is up front asking to reduce his mileage allowance to land somewhere in between those figures, i don't think that is an unreasonable ask, Nissan will be getting something out of it too and rightly allow upward mileage adjustments. It's different to handing over the keys and asking for £2k.
I am sure Nissan are not obliged to assist though, it might take the right approach, speaking to the right person. Either that or get it shipped over to Argentina and follow Ewan and Charlie's adventure.
I do feel sorry for the people who bought brand new cars recently though, sitting on the drive - especially the high end stuff, huge wastage.
Nissan aren't taking the cost but they are making more profit than they would have as a result of the Pandemic (out of this particular contract).
Lots of people being dicks for no reason. The OPs question is perfectly reasonable as a car with fewer miles will be worth more at the end of the contract.
I had a leased VW several years ago on an 8k contract. Half way through they called me to see how things were going and if I was on track with my mileage allowance. I mentioned I was only doing about 5k a year and they came back to me and reduced the payments for the second year.
Policy on this will vary from company to company and be in the contract.
I had a leased VW several years ago on an 8k contract. Half way through they called me to see how things were going and if I was on track with my mileage allowance. I mentioned I was only doing about 5k a year and they came back to me and reduced the payments for the second year.
Policy on this will vary from company to company and be in the contract.
nunpuncher said:
Lots of people being dicks for no reason. The OPs question is perfectly reasonable as a car with fewer miles will be worth more at the end of the contract.
Yes but in the Original Post he wrote:"As a result I am probably on target to only do 8k or 9k a year mileage - and my contract is for 15k miles a year.
I have asked Nissan Finance multiple times to consider revising the overall mileage but they will not consider it."
So what is the question??? Other than gauging people's opinions on PistonHeads nothing is going to change. Unfair now or not that is the contract that was taken out at the time. When you consider the amount of time you read on here about people going way over their mileage allowance and then bleating about it, or trying to Voluntarilry Terminal their contract to avoid excess mileage fees then I'm not surprised the manufacturers have a tough stance.
AbuHaneefah said:
joropug said:
to be fair to OP, i can see his point.
Completely innacurate example figures:
If he took out the PCH at 5kpa he would have paid £250pm , Nissan would have a 15000 mile car worth £10k at the end of the agreement
If he took out the PCH at 10kpa he would have paid £300pm, Nissan would have a 30000 mile car worth £8k at the end of the agreement
So OPs point is that Nissan are getting something out of it - the car they are ultimately renting out should be coming back with 30k miles and be worth 8k, but Brucey Bonus it's worth £10k.
OP is up front asking to reduce his mileage allowance to land somewhere in between those figures, i don't think that is an unreasonable ask, Nissan will be getting something out of it too and rightly allow upward mileage adjustments. It's different to handing over the keys and asking for £2k.
I am sure Nissan are not obliged to assist though, it might take the right approach, speaking to the right person. Either that or get it shipped over to Argentina and follow Ewan and Charlie's adventure.
I do feel sorry for the people who bought brand new cars recently though, sitting on the drive - especially the high end stuff, huge wastage.
Exactly - wrong figures but my point exactly.Completely innacurate example figures:
If he took out the PCH at 5kpa he would have paid £250pm , Nissan would have a 15000 mile car worth £10k at the end of the agreement
If he took out the PCH at 10kpa he would have paid £300pm, Nissan would have a 30000 mile car worth £8k at the end of the agreement
So OPs point is that Nissan are getting something out of it - the car they are ultimately renting out should be coming back with 30k miles and be worth 8k, but Brucey Bonus it's worth £10k.
OP is up front asking to reduce his mileage allowance to land somewhere in between those figures, i don't think that is an unreasonable ask, Nissan will be getting something out of it too and rightly allow upward mileage adjustments. It's different to handing over the keys and asking for £2k.
I am sure Nissan are not obliged to assist though, it might take the right approach, speaking to the right person. Either that or get it shipped over to Argentina and follow Ewan and Charlie's adventure.
I do feel sorry for the people who bought brand new cars recently though, sitting on the drive - especially the high end stuff, huge wastage.
Nissan aren't taking the cost but they are making more profit than they would have as a result of the Pandemic (out of this particular contract).
They will be stuck with it. Cars depreciate on the Forecourts you know?
No ones a winner here, my wife bought a new car in February. She works from home and shields (Diabetic).
She has done 600 miles!
Foresight is a wonderful thing.
There was nothing wrong with her part ex.
As I said ,just another bite out of.....,
mickyh7 said:
Nissan wont make more profit, because no one will be buying the car!
They will be stuck with it. Cars depreciate on the Forecourts you know?
No ones a winner here, my wife bought a new car in February. She works from home and shields (Diabetic).
She has done 600 miles!
Foresight is a wonderful thing.
There was nothing wrong with her part ex.
As I said ,just another bite out of.....,
No one will buy it?They will be stuck with it. Cars depreciate on the Forecourts you know?
No ones a winner here, my wife bought a new car in February. She works from home and shields (Diabetic).
She has done 600 miles!
Foresight is a wonderful thing.
There was nothing wrong with her part ex.
As I said ,just another bite out of.....,
I will buy it off them at the right price - 2 year old electric car with 16k miles on the clock will not be un-sellable in March 2022
AbuHaneefah said:
No one will buy it?
I will buy it off them at the right price - 2 year old electric car with 16k miles on the clock will not be un-sellable in March 2022
But it won't be 'The Right Price' will it?I will buy it off them at the right price - 2 year old electric car with 16k miles on the clock will not be un-sellable in March 2022
It will be the proper price. Along with all of the other cars on ridiculous low miles for sale at the same time.
Stop being argumentative and smell the Coffee.
Do you really think this is a one off car? No one is doing anywhere near normal milage in private cars.
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