Lease Mileage Statistics & Overage Fee Data
Quick answer
How many miles is a standard lease? Most US leases allow 12,000 or 15,000 miles a year, and the average US light-duty vehicle (short wheelbase) covered 10,812 miles in 2024. Going over costs $0.15 to $0.30 per mile where the lender publishes a rate, but only 7 of the 23 lenders here do. Your lease must state yours.
Sources: Federal Reserve, FHWA Table VM-1, Regulation M
Every figure on this page links to its primary source. Last updated . Cite freely with a link back to this page.
$0.15 to $0.30 per mile
Excess-mileage charge among US lenders that publish a rate. The Federal Reserve describes the range as 10 to 25 cents per mile or more; the lenders below publish $0.15 to $0.30.
12,000–15,000 mi/yr
Typical annual mileage allowance on a US closed-end lease
10,812 mi
Average miles traveled per light-duty vehicle (short wheelbase), US, 2024
Source: US Federal Highway Administration, Highway Statistics 2024, Table VM-1
24.37%
Share of new vehicles leased in the US, Q4 2025
Source: Experian, State of the Automotive Finance Market Report Q4 2025
Required by law
US lessors must disclose the excess-mileage charge. Regulation M (12 CFR 213.4(h)) requires the lease to state the amount or method for determining any charge for excess mileage, so your exact rate is in your contract.
$1,250
Cost of going 5,000 miles over at $0.25 per mile
5,000 × $0.25 = $1,250
Source: Worked example (arithmetic, not a published statistic)
Which lenders publish an excess-mileage rate?
Seven do. Each rate below is quoted from the lender's own website or lease-end documents, not from a dealer blog or a forum, which is where most of the numbers circulating online come from.
| Brand | Lender | Published rate | Source |
|---|---|---|---|
| Toyota | Toyota Financial Services | $0.15/mi | Official page |
| Kia | Kia Finance America | $0.20/mi | Official page |
| Tesla | Tesla Finance | $0.25/mi | Official page |
| Hyundai | Hyundai Motor Finance | $0.20/mi | Official page |
| Rivian | Rivian Financial Services | $0.30/mi | Official page |
| Nissan | Nissan Motor Acceptance Company (NMAC) | $0.15 to $0.25/mi | Official page |
| Polestar | Polestar Financial Services (Volvo Car Financial Services U.S.) | $0.25/mi | Official page |
Nissan's rate depends on your allowance: $0.15 per mile on 12,000 to 15,000-mile-a-year leases, $0.25 per mile on 5,000 to 10,000-mile-a-year leases.
Which lenders don't publish a rate?
These 16 set the rate in your individual lease contract and publish no standard figure on their own sites; the rate that applies to you is the one in your lease.
BMW (BMW Financial Services)
BMW Financial Services publishes no standard per-mile excess-mileage rate on its lease-end pages; the rate is set by your individual lease contract.
Mercedes-Benz (Mercedes-Benz Financial Services)
“If your mileage is over the maximum number of miles allowed on your Lease Agreement (plus any additional miles purchased midterm), an excess mileage charge will be assessed at vehicle return. Refer to your Lease Agreement for the per-mile rate.”
Audi (Audi Financial Services)
“Mileage over the maximum number allowed in your lease agreement (plus any added purchased miles) incur an excess mileage charge at lease-end. Refer to your lease agreement for the per-mile rate”
Lexus (Lexus Financial Services)
“If you do go over your mileage allowance, you may be responsible for paying for the overage amount.”
Chevrolet (GM Financial)
“Any mileage incurred in excess of the amount allowed in your original lease contract term will be billed at the rate per mile listed in your agreement.”
Ford (Ford Credit)
“Any mileage that exceeds the amount allowed on your contract is assessed a charge at lease-end.”
Honda (American Honda Finance Corporation)
“If you go over your mileage allowance, charges may apply. Please review your lease agreement for details.”
Subaru (Subaru Motors Finance (administered by Chase))
Subaru Motors Finance's lease-end pages state no standard per-mile excess-mileage rate; the rate that applies to you is the one in your lease agreement.
Volkswagen (Volkswagen Financial Services)
“Mileage over the maximum number allowed in your lease agreement (plus any added purchased miles) incur an excess mileage charge at lease-end. Refer to your lease agreement for the per-mile rate”
Acura (Acura Financial Services (American Honda Finance Corporation))
Acura Financial Services publishes no standard per-mile excess-mileage rate; American Honda Finance Corporation, which runs it, says charges may apply if you go over and to review your lease agreement for details.
Mazda (Mazda Financial Services)
“You simply need to call your dealer and they can give you more information on any potential charges.”
Cadillac (Cadillac Financial (GM Financial))
“Any mileage incurred in excess of the amount allowed in your original lease contract term will be billed at the rate per mile listed in your agreement.”
Jeep (Stellantis Financial Services)
“If you go over your mileage allowance, you will be charged per mile at the rate listed on your lease agreement.”
Lincoln (Lincoln Automotive Financial Services)
Lincoln Automotive Financial Services' lease-end page lists excess mileage among what you are responsible for when you return the vehicle, and states no per-mile rate; your lease agreement sets it.
Porsche (Porsche Financial Services)
“You will be charged any mileage in excess of the total mileage agreed to at lease signing. The best place to find detailed information regarding mileage charges is your lease agreement.”
Volvo (Volvo Car Financial Services)
Volvo Car Financial Services' lease-end pages state no per-mile excess-mileage rate; the rate that applies to you is the one in your lease agreement.
This is not a dead end. Under Regulation M (12 CFR §213.4(h)), your lessor is legally required to state the excess-mileage charge in your lease. Look for “excess mileage” or “excessive wear and use” in your contract: your exact rate is there. Then run it through the overage calculator.
