Whilst sending out my daily quotes, something hit me and made me think, i have been sending prices to a lot of customers who seem to me doing a hell of a lot of travelling in their car, so i decided to give a few of these customers a call to see if i could see exactly what kind of yearly mileage they would be doing

Mr Johnston was the first person i called, he requested a quote on a ford Fiesta asking for 30,000 miles per year, which is a lot of miles especially as the car was for personal leasing and not a business car lease, i sat their thinking this cannot be right so when i called him to confirm the details were correct, i asked a few questions like where he works, how far does he need to travel to get to work, how many times per week, and how much holiday he gets per year.

It worked out he travels 25 miles to work 5 days per week and is employed so we assumed he gets the usual 4 weeks holiday, so on that basis if he used the car solely for work 5 days per week his annual mileage would only be 11,000 per year (25 miles there, 25 miles back thats 250 miles per week 4 weeks in a month 12 months in a year take away the 4 weeks holiday) thats just a very rough estimate, of course he is going to use the car on weekends and in the evening, so we added another 4,000 miles which is now half what he priginally requested saving him the difference of £33 per month difference between the 30,000 miles per year to his more realistic price of 15,000 miles per year

That is over £1,000 saved over the 3 year period he has saved by getting the correct information, following on from that call i asked a few customers who took a car on 20k per year mileage option and all but 1 said they were doing much less than they requested all because they did not work out the correct mileage before commencing on the lease.

If you find that your are paying for a lot more miles than you are actually doing per year it may be worth calling your finance provider and speak with them in reducing the amount of miles you do it could and most often does result in a slight reduction of your month payments

When taking out a lease we always look for the cheapest rate possible, we advertise prices based on 10k if you can be more specific with the mileage we could save you money, you do not have to round the car mileage to the nearest 5k-10k,