Hi, can someone confirm I've understood my numbers correctly on a lease deal?
The difference between 5000 miles pa and 8000 miles pa is an extra £24 a month which is an extra £288 a year.
The excess mileage charge is 8p per mile. So if I exceed the 5000 miles limit, by say 3000 miles, I pay 3000*8 pence which is £240.
Also, the 9 month upfront payment is cheaper by 9*£24 with the 5000 cap.
Surely, I'm better off going for the 5000 mile deal and paying the excess - not that I expect to do more than 5000 miles BTW.
Have I missed something? I was going to play it safe and go for the higher limit but that seems to make no sense.
Thanks