What happens if I exceed the mileage limit on my Fair lease?
When a customer exceeds the mileage limit on a Fair lease, it typically results in additional fees. Fair leases come with a predetermined mileage allowance, and exceeding this limit means that the customer may need to pay for every mile over the allowance. The specific fee per additional mile can vary, so it is important for the customer to review the terms of their lease agreement for precise figures.
Exceeding the mileage limit may also impact the vehicle's overall condition and potential resale value at the end of the lease term. It is advisable for customers to monitor their mileage throughout their lease to avoid unexpected charges. Additionally, in some cases, customers can choose to purchase a higher mileage allowance at the beginning of the lease or even request an adjustment mid-term, although this may also incur associated costs.
For the most accurate and up-to-date information regarding mileage limits and any related fees, customers can refer to the Fair website or their specific lease documentation. This will provide the necessary details and guidelines related to their agreement and potential options to help manage mileage effectively.
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