Mileage leasing is one of the most popular forms of leasing for company fleets. It offers clear contract terms, fixed rates and a high level of costing security. It is an ideal fleet financing solution for companies with easily plannable mobility requirements.
What is kilometer leasing?
With mileage leasing, a fixed mileage – usually in kilometers per year – is agreed at the beginning of the contract term. The leasing rate is based on this mileage, the vehicle equipment and the leasing term. At the end of the contract, it is checked whether the agreed mileage has been met. Deviations can lead to additional or reduced mileage charges.
Difference to residual value leasing
In contrast to residual value leasing, with mileage leasing the lessor bears the risk for the resale value of the vehicle. Companies benefit from this:
- Planning security through calculable costs
- No residual value risks, even if the value of the vehicle fluctuates
- Simple return without time-consuming assessment of the market value
Advantages for fleet management
- Transparent cost structure: clear monthly installments and comprehensible billing at the end of the contract
- Simple controlling: mileage can be precisely monitored via fleet software and telematics systems
- Flexibility in fleet renewal: regular renewal of vehicles through time-limited leasing contracts
- Integratable services: Maintenance, repairs, tires and insurance can be leased as a package in full-service leasing
What should companies look out for?
- A realistic estimate of the annual mileage
- Clear definition of tolerance limits for over- and under-kilometers
- Documentation of vehicle use via software or logbooks
- Comparison of leasing offers with and without full-service components
Conclusion
Mileage leasing is particularly suitable for companies that want to manage their fleet strategically and keep costs under control. The combination of planning security, transparent contracts and digitally supported controlling makes this form of leasing the ideal solution for modern fleet management.
