Learn About Your New Jeep Grand Cherokee Lease Mileage Terms 

The mileage terms agreed upon in your new Jeep Grand Cherokee lease are a fundamental part of your agreement that determine how many miles you can drive your new Jeep Grand Cherokee lease. These terms are often indicated in your Jeep Grand Cherokee lease contract and  can vary according to your situation. Some of the common  lease mileage terms are: 
  • Annual Mileage Allowance 
  • Total lease Mileage 
  • Excess Mileage Fee
  • Low Mileage Lease 
  • Lease Extensions 
  • Lease Transfer

What is The Annual Mileage Allowance?

The Annual Lease Mileage Allowance specifies the maximum number of miles you are allowed to drive your Jeep Grand Cherokee lease  each year. According to Jeep, the Annual Lease Mileage allowance is 20,000 miles per year.

What is The Total Lease Mileage?

The total lease mileage defines the maximum number of miles you can drive over the entire lease. According to Jeep the total lease mileage is 80,000 miles. It is calculated by multiplying the annual mileage allowance by the number of years in the lease. For example, a 3-year lease with a 20,000 mile annual allowance would have a total lease mileage of 60,000 miles.

Are There Any Excess Mileage Fees?

Yes. Mileage driven beyond the contractual allowance will be assessed per the lease agreement. These charges will be applied to the customer's vehicle return invoice and are billed to the customer upon the return of the vehicle.

Can I Pre-Purchase Jeep Lease MIleage

Customer may prepurchase miles above 15,000 per year, up to 20,000 per year, at a discounted rate. The prepurchased amount is $0.20 per mile

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