joslyn completed the lease term on her car and decided to turn the car in instead of purchasing it.Upon inspection, the dealerah

Question

rodikova [14]

4 years ago

8

joslyn completed the lease term on her car and decided to turn the car in instead of purchasing it.Upon inspection, the dealerah

ip noted that she drove 5000 miles over the mileage allowance. What kind of fee wil joslyn required to pay as a result

Business

2 answers:

monitta · Answer 1 · 2021-11-06T21:54:15+03:00

monitta4 years ago

4 0

The fee is called an "excess mileage fee" she she has driven more miles than she was allowed in her lease agreement.

Masja [62] · Answer 2 · 2021-11-06T23:00:29+03:00

I believe the answer is: Lease penalty

Lease penalty refers to a financial punishment that is given to the lease if a clause within the lease contract is being breached/violated. Examples of events that can cause lease penalty could include things such as not paying monthly fees, surpassing miles allowance, unsafe usage of the property, etc.