What to Do If You Exceed Your Porsche Lease Mileage
At Porsche Woodland Hills, we understand that the thrill of driving your Porsche can sometimes lead to more miles on the odometer than anticipated in your Porsche lease agreement.
At Porsche Woodland Hills, we understand that the thrill of driving your Porsche can sometimes lead to more miles on the odometer than anticipated in your Porsche lease agreement. We’re here to help you navigate your options with confidence and ease.
Understanding Porsche Lease Mileage Limits
Most Porsche lease agreements include annual mileage allowances of 10,000, 12,000, or 15,000 miles. When you exceed these limits, Porsche Financial Services typically charges $0.30 per additional mile at lease-end. These extra miles can add up quickly for commuters and road-trippers.
Smart Solutions for Managing Excess Mileage
There are a few smart and simple ways to address this common concern.
Purchase Your Porsche
One straightforward solution is to buy your leased Porsche vehicle. This option eliminates excess mileage concerns entirely and is ideal if you’ve grown attached to your Porsche. Our finance team can determine your buyout amount and explore financing options tailored to your budget.
Trade In for a New Porsche Model
Consider trading in for a new Porsche model. This allows you to start fresh with a new mileage allowance while enjoying the latest Porsche technology and performance features. Our team will assess your current vehicle’s trade value and explain any difference between this value and your lease payoff.
Take Advantage of Loyalty Programs
Porsche Financial Services™ offers valuable loyalty benefits for returning customers. The Lease Loyalty Waiver Program waives up to $1,000 in excess wear charges, and the End of Term Lease Loyalty Program may waive up to 12 monthly payments on your next Porsche vehicle.
Plan for Excess Mileage Charges
If the above options don’t suit your needs, you can simply prepare to pay the excess mileage charges when returning your Porsche vehicle at lease-end.
Get Lease and Finance Answers at Porsche Woodland Hills
For your next Porsche lease, consider choosing a higher mileage allowance upfront to avoid surprises and enjoy your driving experience without limitations. And remember that your Porsche dealership in Los Angeles is committed to helping you find the best solution for your needs. Contact our finance specialists today to discuss your options or explore our current Porsche lease specials.