v Why are the Excess Mileage Charges so high? - Short Term Car Lease & Long Term Car Rental Offers


Why are the Excess Mileage Charges so high?

Short Term Car Leasing available on Flexilease or Fixed Contracts

Because this is a short term leasing product, the amount of money we lose on each vehicle from registration to selling the vehicle on is higher. So the manufacturers and suppliers give us strict mileages to adhere to, with very high excess mileage charges. This is to protect the residual value for when the vehicle is for sale on the forecourt.

It is always best to speak to us, if you think you are going to go over on mileage within a contract.

Short Term Car Leasing Ltd t/a Cocoon Vehicles Ltd (06113683) is authorised and regulated by the Financial Conduct Authority (711074). We act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk


For complaints information when a transaction is completed online, please access the Online Dispute Resolution platform at http://ec.europa.eu/consumers/odr