Lordwoody, do you know if it's normal to have two separate contracts in this situation? Even if it is, it surely can't be normal for them to say two different things.

Seems confusing but here goes; the car supplying dealer somehow agreed an excess mileage charge for you at 5p per mile. Then the finance company who actually own the vehicle sent you an agreement which charged excess miles at 10p per mile. What springs to mind is that the increase in mileage is a significant variation to the original agreement. In this case it should have been highlighted specifically for your attention as a significant variation and required a seperate signature as confirmation you are aware of this variation.

A small point which, legal minds may dismiss, but important enough to raise now to try to mitigate your costs, maybe they would reduce the cost for you. Also going over the agreed mileage is not unusual, but by how much is the key. A few thousand is not important but say 12K or more is a bit of p**s take. My current lease and that of a good friend include the provision to approach the finance company at the earliest point you realise you will exceed the agreed mileage, a new excess figue will then be agreed, usually slightly lower than the original figure if it is not too excessive. That is the position with Volvo and Jaguar anyway. I honestly think you are on poor ground to disput this. I would approach them reasonably with an offer to negotiate, although based on your ignorance and their lack of clarity, it may be you can reduce the cost by a worthwhile amount. Don't forget they still have a vehicle which is not as saleable as it was supposed to be. Good luck.

Concrete

I fully understand what you say Leaseman and agree with you. I do have a problem though with the way this has been approached.

Has the OP deliberately plundered the mileage in the belief that it was only 5p per mile excess? If so that is a bit off. If he wanted a contract with 15K per annum instead of 10 K then he should have established that up front. At least as soon as he realised that he would exceed the original terms of the agreement.he should have contacted them and renegotiated.

I am no defender of large finance companies or their agents but they are left with a vehicle in a very different condition than they though they would have. It can't really have been done in total ignorance of the contract terms, no matter what the excess mileage charges are. I think there is a lot of muddle here and the original quote is misleading, but the finance company contract document is the real contract. Caveat Emptor as they say! I suspect that if an agent was involved they would dsecribe their original quote as a 'guide price'. Misleading or not the OP should have dealt with the finance company with a lot more care.

Cheers Concrete

Thank you for the compliments Leaseman. There are many on the forum whose contribution I find informative, interesting or sometimes very amusing too. Yours is amongst them. I must admit I had not considered the posibility that the broker would deliberately seek to reduce the lease payment with false information. It is inevitably going to be discovered. But hey ho. It takes all sorts. I bet the OP will be a bit more careful next time he leases a vehicle. Cheers Concrete

Noted on my lease (not PCP) when I signed up at the dealer.

25k miles per year. Excess 5p per mile plus VAT for an excess of 9,999 miles overall. Anything above that is 14.9p per mile plus VAT.

Plus, something along the lines of: Please call us if you are going to exceed the milege as soon as you know, because it is a cheaper to increase the monthly lease than it is to pay the excess.

I was doing about 23k per year but that has dropped to 20k per year (there just isn't the business around) and booked 25k to give me a bit of a buffer as it was only about £3 a month more.

I do note that they don't offer a refund if you come in significantly below the agreed mileage :-!

I wonder if that would come under the "un-fair contract rules"?