Lease planning

Lease mileage calculator

Estimate how far you will drive by the end of your lease and what excess mileage could cost. Enter your contract dates, odometer readings, allowance, and charge per mile or kilometer. The calculator also shows how much distance you have left per day.

Your lease and latest reading

Enter the full allowance from your contract. The starting values are an example.

For 12,000 miles/year over 3 years, enter 36,000 miles.

Enter the charge from your contract. For example, enter $0.25 as 0.25.

Unit changes convert your distances and per-distance charge together. Currency changes relabel amounts without converting them.

Projected excess mileage charge

If your average driving pace continues until the lease ends.

$0.00

30,510.8 mi projected at lease end · 0 mi above your allowance.

Driven since lease start
18,000 mi
Allowance remaining
18,000 mi
Days remaining
449
Current average per day
27.9 mi

By this reading date, you have driven 3,238.4 mi less than the allowance spread evenly over the lease.

Your remaining mileage budget

How much you can average from this reading onward.

Per day

40.1 mi

Next 7 days

280.6 mi

The seven-day budget stops at the end of the lease. This estimate uses the mileage charge you entered. It excludes taxes, contract adjustments, wear charges, and other fees.

How to use this calculator

  1. Enter the lease start date, end date, and the date of your latest odometer reading.
  2. Enter the odometer reading at lease start as well as the current reading. The difference is the distance driven during the lease.
  3. Enter the allowance for the full contract. For example, 12,000 miles per year for three years gives 36,000 miles. Use the total in your agreement if it covers a different period.
  4. Enter your contract's charge per excess mile or kilometer. Check the projected charge and remaining distance budget. Update the odometer reading to recalculate them.

Lease mileage formulas

Distance driven during the lease

Current odometer − starting odometer

Projected distance at lease end

Distance driven ÷ elapsed calendar days × total lease days

Estimated excess mileage charge

Max(0, projected distance − total allowance) × contract charge

Remaining daily budget

Max(0, total allowance − distance driven) ÷ remaining days

Worked example: a three-year lease

This example covers January 1, 2025 to January 1, 2028, with a 36,000-mile allowance and a $0.25 charge per excess mile. The odometer starts at 800 miles and reads 16,800 miles on January 1, 2026.

Worked example: a three-year lease
ItemResultDetail
Driven during the lease16,000 mi365 elapsed days
Projected at lease end48,000 mi12,000 excess mi
Projected excess charge$3,000.00At the entered $0.25 per mile

What the estimate includes

  • The projection assumes your average driving pace continues. It does not predict future road trips, a change of job, or additional office days.
  • The calculator counts calendar days, including leap days. Enter the end date from your agreement.
  • Enter the mileage charge from your agreement. The estimate excludes taxes, wear charges, early termination fees, and other contract charges.
  • At the start of a lease there is not yet enough elapsed time to project your pace. You can still see the remaining distance budget. On the end date, the calculator uses your recorded distance to calculate the charge.

Frequently asked questions

How do I calculate excess mileage on a lease?

Subtract the starting odometer reading from the reading at the end of the lease. Subtract the total contract allowance from that distance, use zero if the result is negative, then multiply any excess distance by the charge in your agreement.

Should I enter annual or total mileage allowance?

Enter the total allowance for the full lease. An allowance of 12,000 miles per year for three full years gives 36,000 miles. For a partial year or adjusted agreement, use the total permitted distance confirmed in your contract.

Why does the starting odometer matter?

A vehicle can already have miles on its odometer when you receive it. Those miles should not be counted as distance you drove during the lease. Enter both readings so the calculator uses their difference.

Is the projected charge a guaranteed lease-end bill?

No. It estimates excess mileage at your entered contract price if your driving pace continues. Other fees, taxes, waivers, allowance changes, or contract terms may affect the amount your lessor charges.

Can I use kilometers or pounds sterling?

Yes. Choose kilometers to convert the odometer readings, allowance, and per-distance charge together. Choose GBP, CAD, AUD, or USD for the amounts you enter. Currency selection does not convert money between currencies.

What if my lease has just started or is ending?

On the start date, enter the starting reading to see the remaining distance budget. A projection needs a later reading. On the end date, enter the final reading to calculate the excess charge directly. Reading dates must fall within the lease period.

References

Consumer Financial Protection Bureau, leasing versus buying a car

Related mileage tools

Check distances, keep a trip record, or calculate business mileage separately.