Fleet News

End-of-contract excess mileage charges increase

The amount fleet operators are paying in end-of-contract excess mileage charges for both cars and vans has increased significantly in the past year.

This year’s FN50 research has found the average charge for defleeted company cars rose 17% to £378, while the amount for vans increased 40% to £484.

In 2018, the average amount charged for cars sat at a record low of £324: the second consecutive year it had fallen by more than 11%, and the fifth fall in a six-year period.

However, the 2019 figure was the highest amount since 2016, when it was £413.

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