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Lease Mileage Statistics & Overage Fee Data

Excess-mileage charges run $0.15 to $0.30 per mile among US lenders that publish a rate. Most do not publish one at all — only 5 of the 15 largest captive lenders state a figure publicly, and the other 10 set it in your individual contract. Federal law requires that your lease disclose your exact rate, so the number that actually applies to you is in your paperwork.

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.

Source: Board of Governors of the Federal Reserve System

12,000–15,000 mi/yr

Typical annual mileage allowance on a US closed-end lease

Source: Board of Governors of the Federal Reserve System

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 Part 213), implementing the federal Consumer Leasing Act, requires the lease to state the amount or method for determining any charge for excess mileage — so your exact rate is in your contract.

Source: Regulation M, 12 CFR Part 213 §213.4(h) (eCFR)

$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?

Five do. Each rate below is quoted from the lender's own website — not from a dealer blog or a forum, which is where most of the numbers circulating online come from.

BrandLenderPublished rateSource
ToyotaToyota Financial Services$0.15/miOfficial page
KiaKia Finance America$0.20/miOfficial page
TeslaTesla Finance$0.25/miOfficial page
RivianRivian Financial Services$0.30/miOfficial page
NissanNissan Motor Acceptance Company (NMAC)$0.15–$0.25/miOfficial page

Nissan's rate depends on your allowance: $0.15/mi on 12,000–15,000 mi/yr leases, $0.25/mi on 5,000–10,000 mi/yr leases.

Which lenders don't publish a rate?

These ten set the rate in your individual lease contract and publish no standard figure. Any specific per-mile number you see quoted for them online did not come from the lender. Note in particular BMW: the widely-repeated “$0.25/mi” comes from the fine print of individual promotional lease offers, not a published brand-wide rate.

  1. 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.

    Official page

  2. 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.

    Official page

  3. 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.

    Official page

  4. Lexus Lexus Financial Services

    Lexus Financial Services states that the excess-mileage charge is set by your individual lease contract, and publishes no standard per-mile rate.

    Official page

  5. 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.

    Official page

  6. Ford Ford Credit

    Ford Credit's lease FAQ states that excess mileage is charged at the rate specified in your lease agreement; no standard per-mile rate is published.

    Official page

  7. Honda American Honda Finance

    American Honda Finance's mileage FAQ states that the excess-mileage charge is defined in your lease agreement; no standard per-mile rate is published.

    Official page

  8. Hyundai Hyundai Motor Finance

    The lessee is obligated to pay a specified fee for each excess mile incurred — the fee is specified in the lease agreement, and Hyundai Motor Finance publishes no standard rate.

    Official page

  9. Subaru Subaru Motors Finance (administered by Chase)

    Subaru Motors Finance lists excess mileage among lease-end charges but publishes no standard per-mile rate; the rate is set by your lease agreement.

    Official page

  10. Volkswagen VW Credit

    Mileage over the maximum allowed in your lease agreement incurs an excess mileage charge at lease-end, at the rate set by your contract; VW Credit publishes no standard rate.

    Official page

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.

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