Over mileage on lease.

Hniel · 10-28-2015, 06:46 AM

Through my carelessness I just noticed I am over by almost 2000km on a lease ending end of Dec. For some reason I thought I was allowed 56k but just checked contract and it's 52k. Penalty is .15/km. Is bmws financial liable to waive that or any other thoughts appreciated. I've ordered a 235ix which should be in mid Dec. Looks like the car is going to be parked in garage for almost two months but at least we have an extra vehicle I can drive. As I mentioned anyone's experience in this would be helpful. Thanks.

bobblehead · 10-28-2015, 07:12 AM

On paper, BMWFS is not going to waive it automatically as it is stated in the contract. For about $300+HST, you can negotiate with your dealer on this since you are a loyalty customer (you should be getting loyalty discount as well) such that dealer may do some goodwill for you. Dealer will pay this excess fees to BMWFS out of their own pocket.

ar · 10-28-2015, 08:50 AM

Quote:

Originally Posted by bobblehead

On paper, BMWFS is not going to waive it automatically as it is stated in the contract. For about $300+HST, you can negotiate with your dealer on this since you are a loyalty customer (you should be getting loyalty discount as well) such that dealer may do some goodwill for you. Dealer will pay this excess fees to BMWFS out of their own pocket.

+1 I had this happen to me and was facing $1400 in excess km charges. Was able to get dealer to pay it out because I was picking up new lease with BMW.

itrocks4u · 10-28-2015, 10:38 AM

I was over by 10000 km lol. I had to pay it. But I also got 12% off on the new one.

Hniel · 10-28-2015, 03:24 PM

Thanks for the comments. I'm waiting to hear back from the dealer.

casualDIYer · 11-02-2015, 03:49 PM

Quote:

Originally Posted by itrocks4u

I was over by 10000 km lol. I had to pay it. But I also got 12% off on the new one.

i think I'll be 10k over. Which dealership? What did you replace and with what.?

itrocks4u · 11-03-2015, 02:50 AM

Quote:

Originally Posted by menncars

i think I'll be 10k over. Which dealership? What did you replace and with what.?

I went to Pfaff BMW in Mississauga.

Replace 2011 328ix with 2015 435ix

Lt1camaro · 11-11-2015, 02:27 PM

Trade in your car to the dealer before the lease is over and get another car. You won't have to pay the excess mileage. My dealer told me the only time you have to pay for excess is when you are returning the car at the end of the lease.

I have been leasing bmws with 12k/yr lease terms and I have had zero issue trading cars in with excess mileage over the years.

Hniel · 11-12-2015, 06:36 AM

Thanks Lt, they told me not to worry about the mileage as I have a new one on order. It'll only have 4k over anyway.

10-28-2015, 06:46 AM	#1
Hniel Private 9 Rep 64 Posts Drives: 2016 M235ix Join Date: Nov 2009 Location: Ontario. Canada iTrader: (0)	Over mileage on lease. Through my carelessness I just noticed I am over by almost 2000km on a lease ending end of Dec. For some reason I thought I was allowed 56k but just checked contract and it's 52k. Penalty is .15/km. Is bmws financial liable to waive that or any other thoughts appreciated. I've ordered a 235ix which should be in mid Dec. Looks like the car is going to be parked in garage for almost two months but at least we have an extra vehicle I can drive. As I mentioned anyone's experience in this would be helpful. Thanks.
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10-28-2015, 07:12 AM	#2
bobblehead Brigadier General 256 Rep 4,721 Posts Drives: warp speed Join Date: Aug 2009 Location: Toronto, On iTrader: (0)	On paper, BMWFS is not going to waive it automatically as it is stated in the contract. For about $300+HST, you can negotiate with your dealer on this since you are a loyalty customer (you should be getting loyalty discount as well) such that dealer may do some goodwill for you. Dealer will pay this excess fees to BMWFS out of their own pocket.
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10-28-2015, 10:38 AM	#4
itrocks4u Colonel 615 Rep 2,418 Posts Drives: F80, F36, E90 Join Date: Aug 2011 Location: Bay Area iTrader: (3)	I was over by 10000 km lol. I had to pay it. But I also got 12% off on the new one.
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10-28-2015, 03:24 PM	#5
Hniel Private 9 Rep 64 Posts Drives: 2016 M235ix Join Date: Nov 2009 Location: Ontario. Canada iTrader: (0)	Thanks for the comments. I'm waiting to hear back from the dealer.
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11-11-2015, 02:27 PM	#8
Lt1camaro Lieutenant 185 Rep 477 Posts Drives: 2016 535i, 2015 435i, 2013 M3 Join Date: Jun 2014 Location: Ontario, Canada iTrader: (1)	Trade in your car to the dealer before the lease is over and get another car. You won't have to pay the excess mileage. My dealer told me the only time you have to pay for excess is when you are returning the car at the end of the lease. I have been leasing bmws with 12k/yr lease terms and I have had zero issue trading cars in with excess mileage over the years.
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11-12-2015, 06:36 AM	#9
Hniel Private 9 Rep 64 Posts Drives: 2016 M235ix Join Date: Nov 2009 Location: Ontario. Canada iTrader: (0)	Thanks Lt, they told me not to worry about the mileage as I have a new one on order. It'll only have 4k over anyway.
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