article thumbnail

Guide to the Common Dealership Terms When Buying A Car

Car Examer

Mileage Limit With a PCP deal, you’ll be given a mileage limit —the maximum number of miles you can drive each year. If you go over this, you’ll face extra charges, so it’s important to choose a realistic limit based on your driving habits.

article thumbnail

Media post: What are the cost of a short-term car lease UK?

Best Selling Cars Blog

Mileage charges: Most short-term car leases come with a mileage limit. You will be charged an additional fee per mile if you exceed the mileage limit. The costs of a short-term car lease in the UK can vary greatly depending on the type of car you choose, the length of your lease, and your mileage.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Ultimate Car Buying Guide for 2024: Tips on Choosing the Right Vehicle, Understanding Financing Options, and Navigating Dealership Negotiations

Shawn Ryder

Factor in insurance costs, maintenance, fuel or charging expenses, and depreciation to understand the total cost over time. Understand the terms, including mileage limits and wear-and-tear policies. Consider Total Cost of Ownership: Look beyond the sticker price. Understanding Financing Options 1.

Finance 98
article thumbnail

Should I lease a truck in this situation?

Shawn Ryder

Mileage Limits: Lease agreements typically have mileage limits (e.g., Exceeding these limits can result in significant penalties. If you often exceed mileage limits or require modifications, consider purchasing instead. Remember to account for additional expenses, such as insurance and maintenance.

article thumbnail

Posh rental cars: do you really get more for your money?

Autocar

Given the sheer pleasure of enjoying this £80,000 car for a few days with no mileage limit, I don’t think that’s bad – certainly better value than an ‘experience’ gift involving a few laps of a race track, and if split between people enjoying a break together, better value still. A second person is insured to drive at no extra charge.

article thumbnail

How much should you spend on a used car?

Drive.com

Depending on where you live, specific mileage limits could also be an important feature when looking at the overall cost of a used car. AAMI Insurance stated on its website deducting essential expenses such as rent/mortgage, utility bills and groceries from your salary is the first step in calculating your financial parameters.

article thumbnail

Guide How to Finance a Used Car

Car Examer

No restrictions : You won’t have any mileage limits or conditions to worry about. Mileage limits : PCP often comes with mileage restrictions, and going over can lead to extra fees. Additional costs : Don’t forget about insurance, maintenance, fuel, and road tax.

Finance 59