BMW finance - overage in agreed mileage

Mit G · 01-18-2020, 05:47 PM

I'm nearing my term and wanted to check if anyone knew what BMW charge for going over your mileage limit which you agreed with BMW at the start of your finance agreement?

I believe mine has gone over by 5k.. so a little worried.

Thanks

ian332isport · 01-18-2020, 06:00 PM

I don’t like to state the obvious, but what does it say on the agreement you signed

330XDave · 01-19-2020, 02:08 AM

Every agreement is different.

RobUK · 01-19-2020, 02:13 AM

By way of example, this is the excess they were going to charge when I chopped in my 328i, although your contract may vary.

DB118D · 01-19-2020, 02:58 AM

The worry only comes depending on what you're planning on doing with the car (assuming you mean PCP and not PCH)

If you're buying it at the end of the term - don't worry about excess miles

If you're PX'ing it for something else - don't worry about excess miles

If you're VT'ing or handing back - there will be an excess miles charge to pay, typically 7-8p per mile. There are various opinions out there that this charge can be challenged but that's your decision to take.

JustChris · 01-19-2020, 03:08 AM

Check your small print, likely about 12p.

Thus about £600.

5000 over a whole term isn't much over at all.

JNW1 · 01-19-2020, 03:38 AM

Quote:

Originally Posted by DB118D

If you're VT'ing or handing back - there will be an excess miles charge to pay, typically 7-8p per mile. There are various opinions out there that this charge can be challenged but that's your decision to take.

If you're VT'ing before the end of the term there might be case for disputing an excess mileage charge but I wouldn't have thought you've grounds for doing that if you're simply handing the car back at the end of the term? As I understand it disputing an excess mileage charge is specific to the VT process....

robbiep · 01-19-2020, 10:08 AM

Rates vary.

Your contract will state your overage rate per mile.

I've seen as low as 5p per mile, and I've seen as high as 14p per mile

doncarlyon · 01-19-2020, 10:19 AM

Mine is 18.1p per mile

robbiep · 01-19-2020, 10:43 AM

Quote:

Originally Posted by doncarlyon

Mine is 18.1p per mile

Eek

335d Touring Xdrive · 01-21-2020, 08:24 AM

People around where i work don't worry about excess mileage on their rented cars. They just fit a mileage blocker on the car not long after taking delivery.

You would be surprised what i see and hear.
There are some unscrupulous people around.

Wills2 · 01-21-2020, 10:19 AM

Quote:

Originally Posted by 335d Touring Xdrive

People around where i work don't worry about excess mileage on their rented cars. They just fit a mileage blocker on the car not long after taking delivery.

You would be surprised what i see and hear.
There are some unscrupulous people around.

My local BMW dealer found one of those whilst doing some work on a car, they refused to work on it and told the owner to collect it, my feeling is there are loads of clocked/blocked 2-3 year old cars out there in the market.

The0pportunist · 01-22-2020, 09:55 AM

Quote:

Originally Posted by 335d Touring Xdrive

People around where i work don't worry about excess mileage on their rented cars. They just fit a mileage blocker on the car not long after taking delivery.

You would be surprised what i see and hear.
There are some unscrupulous people around.

Wow , didnt think this was possible on modern cars.

C320 · 01-22-2020, 01:17 PM

Quote:

Originally Posted by The0pportunist

Wow , didnt think this was possible on modern cars.

Yeah, it's quite scary and sadly with lease cars and limited mileage they are very common.

A quick search on eBay etc will show loads of these mileage blockers. There have been a few people on here that have been caught out buying used / pre-owned cars with them fitted. One of the guys is on the M5 forum, I believe he managed to return his car after a lot of hassle.

Wills2 · 01-22-2020, 03:03 PM

Quote:

Originally Posted by The0pportunist

Wow , didnt think this was possible on modern cars.

Clocking is also easier than its ever been so now they have to ways to do it.

The0pportunist · 01-23-2020, 05:41 AM

Is there anyway to check my car has not been clocked?

sahajesh · 01-23-2020, 08:21 AM

Quote:

Originally Posted by Wills2

Quote:

Originally Posted by 335d Touring Xdrive

People around where i work don't worry about excess mileage on their rented cars. They just fit a mileage blocker on the car not long after taking delivery.

You would be surprised what i see and hear.
There are some unscrupulous people around.

My local BMW dealer found one of those whilst doing some work on a car, they refused to work on it and told the owner to collect it, my feeling is there are loads of clocked/blocked 2-3 year old cars out there in the market.

So the people that do this are clock blockers?

MashinBenzin · 01-23-2020, 08:55 AM

Quote:

Originally Posted by sahajesh

Quote:

Originally Posted by Wills2

Quote:

Originally Posted by 335d Touring Xdrive

People around where i work don't worry about excess mileage on their rented cars. They just fit a mileage blocker on the car not long after taking delivery.

You would be surprised what i see and hear.
There are some unscrupulous people around.

My local BMW dealer found one of those whilst doing some work on a car, they refused to work on it and told the owner to collect it, my feeling is there are loads of clocked/blocked 2-3 year old cars out there in the market.

So the people that do this are clock blockers?

It wasn't just me that had that thought then

01-18-2020, 05:47 PM	#1
Mit G Private 36 Rep 76 Posts Drives: 420D M Sport Join Date: Jun 2016 Location: Luton iTrader: (0)	BMW finance - overage in agreed mileage - cost? I'm nearing my term and wanted to check if anyone knew what BMW charge for going over your mileage limit which you agreed with BMW at the start of your finance agreement? I believe mine has gone over by 5k.. so a little worried. Thanks
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01-18-2020, 06:00 PM	#2
ian332isport Major 705 Rep 1,141 Posts Drives: F31 340i Shadow Edition Join Date: Jun 2018 Location: UK iTrader: (0)	I don’t like to state the obvious, but what does it say on the agreement you signed
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01-19-2020, 02:08 AM	#3
330XDave Major 629 Rep 1,470 Posts Drives: 330d xDrive Touring Join Date: Jun 2018 Location: Nottingham, UK iTrader: (0)	Every agreement is different.
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01-19-2020, 02:13 AM	#4
RobUK Brigadier General 2811 Rep 4,935 Posts Drives: 340i MPPSK Join Date: Jun 2012 Location: Sussex, N.Yorks, UK iTrader: (0) Garage List 2015 340i MPPSK [0.00] 2001 Yamaha FZS1000 [0.00]	By way of example, this is the excess they were going to charge when I chopped in my 328i, although your contract may vary. Attached Images __________________ Life is a state of mind
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01-19-2020, 02:58 AM	#5
DB118D Lieutenant Colonel 1026 Rep 1,670 Posts Drives: 118d Sport Join Date: Oct 2014 Location: Glasgow iTrader: (0)	The worry only comes depending on what you're planning on doing with the car (assuming you mean PCP and not PCH) If you're buying it at the end of the term - don't worry about excess miles If you're PX'ing it for something else - don't worry about excess miles If you're VT'ing or handing back - there will be an excess miles charge to pay, typically 7-8p per mile. There are various opinions out there that this charge can be challenged but that's your decision to take.
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01-19-2020, 03:08 AM	#6
JustChris General 17486 Rep 25,112 Posts Drives: Tesla MYRWD Join Date: Jul 2013 Location: UK iTrader: (0)	Check your small print, likely about 12p. Thus about £600. 5000 over a whole term isn't much over at all. __________________ My car made front page of Bimmerpost
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01-19-2020, 10:08 AM	#8
robbiep Brigadier General 1983 Rep 3,216 Posts Drives: VW e-Golf ! Join Date: Dec 2013 Location: North Wales, UK iTrader: (0)	Rates vary. Your contract will state your overage rate per mile. I've seen as low as 5p per mile, and I've seen as high as 14p per mile
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01-19-2020, 10:19 AM	#9
doncarlyon Captain 258 Rep 757 Posts Drives: Megane RS 300 Trophy Join Date: Aug 2018 Location: Newcastle Upon Tyne iTrader: (0)	Mine is 18.1p per mile
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01-21-2020, 08:24 AM	#11
335d Touring Xdrive Captain 319 Rep 821 Posts Drives: 2016 335d Touring Join Date: Dec 2015 Location: Northumberland iTrader: (0)	People around where i work don't worry about excess mileage on their rented cars. They just fit a mileage blocker on the car not long after taking delivery. You would be surprised what i see and hear. There are some unscrupulous people around.
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01-23-2020, 05:41 AM	#16
The0pportunist Major 471 Rep 1,268 Posts Drives: F30 335i Join Date: Sep 2012 Location: London iTrader: (0)	Is there anyway to check my car has not been clocked?
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