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Leases (PCP) mileage limits and their purpose

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Nodz:
Another thing I've been reading lately about lease deals is always take lower millage than you actually need. A lot of people do this with car through VWFS because if you phone them with 6 months left on the lease you can negotiate the pence per mile price and they usually half it and it costs less than choosing a higher allowance at the beginning of the lease. Also heard of companies lowering the price if you are under on mileage.

I think mileage means very little and its a way to make money out of people who don't know how to play the game when it comes to lease/pcp

Deako:
Mileage on PCP is only an issue if you are handing the car back. Part ex or sell and it's not an issue.

PCH mileage limits are different however.

Mk5 GTian:

--- Quote from: Deako on May 19, 2017, 11:51:20 pm ---Mileage on PCP is only an issue if you are handing the car back. Part ex or sell and it's not an issue.

PCH mileage limits are different however.

--- End quote ---
I have my R on a PCP and will be buying it at the end of the term by paying the final payment of £11k. Looking at 4 year old mk7 R values and 5-6 year old mk6 R values it will be worth way more than 11k and I won't need to worry about excess mileage. I would lose out big time by handing it back.

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