My business requires a lot of travelling. What is the maximum mileage allowance when leasing a van?

My business requires a lot of travelling. What is the maximum mileage allowance when leasing a van?

My business requires a lot of travelling. What is the maximum mileage allowance when leasing a van?
20 May 2022

There is no official limit on the number of miles you can declare when leasing a van, a car or any other vehicle. However, the majority of vehicle leasing companies are unlikely to agree to more than 50,000 miles a year or 180,000 miles over the course of the agreement. This limit exists because the more miles a vehicle travels, the less valuable it becomes. It wouldn't be worth it neither for you to pay such high rentals nor for the finance company to try to sell the vehicle with such low value at the end of the agreement.

Don't worry about this though. We can assure you that with this many miles available and proper guidance from Commercial Vehicle Contracts, you will receive a suitable mileage allowance on your van leasing deal.

Want to know if you can amend your mileage allowance on an existing lease contract? Click below.

AMENDING MILEAGE ALLOWANCE

Any questions? Don't hesitate to contact us.

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