Finance

Lease Mileage Calculator

Calculate excess mileage charges for your car lease based on actual vs allowed miles.

Annual Mileage Allowance

Actual Miles Driven/Year

Excess Mileage Rate ($/mile)

Typical: $0.15-$0.30/mile

Lease Term (months)

Formula:
Excess Miles/Year = Actual − Allowed
Total Excess Miles = Excess × (Term/12)
Penalty = Excess Miles × Rate per Mile