Fleet News

Fewer cars are paying excess mileage, but charges still rise

car driving on beautiful road, travel background, aerial scenic landscape from Iceland

The amount fleet operators are paying in end-of contract excess mileage charges for cars has risen significantly for the second consecutive year.

This year’s FN50 research has found the average charge for defleeted company cars is £449, 19% higher than last year, which itself was 17% higher than in 2018. The 2018 figure was a record low of £324.

There remains a huge disparity in the size of the average charges reported by individual leasing companies and these range from as little as £20 to £900. The extremes highlighted in last year’s FN50 were £28 and £1,182.

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