Should You Avoid Signing a 5,000-Mile Lease?
Most drivers should avoid signing a 5,000-mile annual lease because this strict limit allows just 416 miles per month, easily exceeded by typical daily driving and errands. Exceeding the limit triggers costly per-mile penalties that quickly outweigh lower monthly payments. Ultra-low-mileage leases suit infrequent drivers, but most should consider standard 10,000- to 15,000-mile agreements or other vehicle acquisition options to avoid unexpected fees.