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Paying for car lease extension, excess mileage so far included.
[Deleted User]
Posts: 0 Newbie
in Motoring
My son is extending the lease on his car for 12 months when the current agreement ends next month.
I will be paying the costs to enable him to do this which I am told will be the excess mileage charge relating to the original agreement and administration charges to set up the new agreement.
I have asked him to forward the invoice so I can pay directly.
I intend to pay using a debit card or is another method of payment more advisable?
I will be paying the costs to enable him to do this which I am told will be the excess mileage charge relating to the original agreement and administration charges to set up the new agreement.
I have asked him to forward the invoice so I can pay directly.
I intend to pay using a debit card or is another method of payment more advisable?
0
Comments
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No, debit card is fine. Was this a lease or a PCP?0
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Thanks.
Yes, definitely a lease.
I was hoping any excess mileage he had now could carried forward and be accounted for at the end of the extension but he tells me not.0 -
There was another thread on this recently
https://forums.moneysavingexpert.com/discussion/6373050/car-lease-extension-excess-milage#latest0 -
Yes, that was me.
My son tells me that the excess mileage charge too date has to be paid now so he can extend the lease for another year.0 -
This is because it isn't actually an extension as such but rather a brand new contract.[Deleted User] said:Thanks.
Yes, definitely a lease.
I was hoping any excess mileage he had now could carried forward and be accounted for at the end of the extension but he tells me not.1
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