Hi, new here to the forum and hoping for some help for a sticky situation I've found myself in with regard to excess mileage costs.
I took a vehicle (BMW 4 series) out 4 years ago on a contract hire lease. I found the deal via an online quote from a car leasing company and we signed the agreement on lease amount and also the excess mileage charge at 5p/mile.
A week later, a further agreement was sent from the finance company who I made the vehicle payments to, and the excess mileage charge was 10p/mile. Now, this was completely overlooked by me at the time (only realised now) and lost under all the small print as I had always assumed it was the original 5p/mile. Had I noticed it at the time, I would have ensured it was brought to their attention and advised them this wasn't what was agreed.
Unfortunatley, I have gone over my excess mileage limit by a substantial amount. My lease has ended and am now facing a hefty bill in the thousands!
I feel the car leasing company are responsible and have broken their agreement here. Where do I stand with this? Help much appreciated!
R0b
I took a vehicle (BMW 4 series) out 4 years ago on a contract hire lease. I found the deal via an online quote from a car leasing company and we signed the agreement on lease amount and also the excess mileage charge at 5p/mile.
A week later, a further agreement was sent from the finance company who I made the vehicle payments to, and the excess mileage charge was 10p/mile. Now, this was completely overlooked by me at the time (only realised now) and lost under all the small print as I had always assumed it was the original 5p/mile. Had I noticed it at the time, I would have ensured it was brought to their attention and advised them this wasn't what was agreed.
Unfortunatley, I have gone over my excess mileage limit by a substantial amount. My lease has ended and am now facing a hefty bill in the thousands!
I feel the car leasing company are responsible and have broken their agreement here. Where do I stand with this? Help much appreciated!
R0b
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