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      12-13-2009, 12:15 PM   #1
dizman7
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Drives: 99 E36 M3 Cabio
Join Date: Dec 2008
Location: Phoenix, AZ

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Question Question about adding miles to a lease. . .

Actually my friend brought this up as a good point.

I was looking into how much it was to add miles to my currect lease, it was more reasonable than I thought it would be.

My question is, if you add miles to the lease, does your residual value at the end of the lease go down by the amount you paid for those miles?

Example: I'll keep this to simple numbers. Say my residual value at the end of lease is $40,000, and I add $1000 worth of miles to it right now. When my lease is up, would my residual value then be $39,000? Or would it stay at $40,000, thus kind of being "double-charged" for the extra miles I would put on the car?
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