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American_Bankers_Association

CTFA · Question #195

Most auto leases include a purchase option. The annual mileage allowance is another consideration of lease term. Mileage allowance typically about:

The correct answer is B. 10,000 to 15,000. See the full explanation below for the reasoning.

Question

Most auto leases include a purchase option. The annual mileage allowance is another consideration of lease term. Mileage allowance typically about:

Options

  • A10,000 to 25,000
  • B10,000 to 15,000
  • C10,000 to 20,000
  • D7,000 to 10,000

How the community answered

(19 responses)
  • A
    5% (1)
  • B
    84% (16)
  • D
    11% (2)

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