Leasing · The Model Black education

Lease miles, chosen right.

The Model Black prices every lease at 10,000, 12,000, or 15,000 miles a year so you can see what your real driving costs before you commit.

Price a lease at your miles on live inventory

By The Model Black · Published September 18, 2026 · Updated October 6, 2026 · Part of Leasing basics: how a car lease works

Excess miles are charged per mile at return at a rate the captive lender sets, typically $0.20 to $0.30 (Mercedes-Benz Financial Services charges $0.25, as published by its dealers in 2026), so 5,000 miles over at $0.25 is $1,250. Miles you buy up front cost less than that, and miles you do not use are not refunded, which makes the choice worth a minute.

How to estimate your miles.

The cost of being wrong in each direction.

SituationWhat happensCost
Drive 2,000 miles a year over a 10,000 allowance for 3 years6,000 excess miles at return$1,500 at $0.25 per mile
Buy 12,000 insteadHigher payment for 36 monthsRoughly $540 to $1,080 total
Drive 2,000 miles a year under a 12,000 allowanceUnused milesNothing back; equity at lease end may be slightly higher
Buy the car at lease endMileage no longer matters$0 in overage; the residual is the price

On The Model Black.

Change the mileage on any vehicle page and the payment updates on the lender's adjusted residual. If you are near the line, price both allowances and note the difference; save the allowance you want in your deal so it is already in the numbers the dealership receives when you send it.

If you know you will go over, buy the miles. If you might buy the car at the end, lean low: overage is only charged on a return.

Quick answers.

What do lenders charge for excess miles?

Typically $0.20 to $0.30 per mile over the contract allowance at lease return; Mercedes-Benz Financial Services charges $0.25, as published by its dealers in 2026. Your lease contract states the exact figure, and the vehicle page shows the per-mile charge its estimate uses.

Can I add miles during the lease?

Some lenders allow a mid-lease mileage adjustment; ask the dealer before signing. Buying at signing is the sure route.

Do unused miles get refunded?

No. Over-buying miles is the same as overpaying the payment.

Does mileage change the residual?

Yes. Higher allowances carry lower residuals, which is where the higher payment comes from.

Payment figures on this page are illustrations of a closed-end lease, not an offer to lease. The lessor sets the terms, and excess mileage and excess wear and use charges may apply at lease end. Plus each dealership's own documentary fee (not a government fee), taxes, and government fees.

Price a lease at your miles on live inventory Ask the Concierge