Excess Milage Charges - Solutions

[p3asa]

How does this work when you come to get a new car?

It tends to even itself out.
Low mileage = lower monthly payments and higher GFV
High mileage = higher monthly payments and lower GFV

If you tell VW you do 5k miles a year and end up doing 20k a year, you pay a lower monthly payment but come trade in time you will be offered less and your GFV will be high as they expect the car to only have done 15k over 36 months. So what you have saved in the monthly's you pay back at the end of the term   

Otherwise everyone would be claiming they do a low mileage.

[remlapeel]

I do mine with a 10k limit.  I have currently done 17k in 6 months,  but mine worked out cheaper this way than setting it up at 25k a year lease.  Weirdly doing it this way costs me 6ppm but if I set up an agreed 25k it would cost me 8ppm in extra lease charges.