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Discussion Starter #1
So, as mentioned in my post Decided in this forum I'm now the proud lessee of a white 2014 Smart ED Cabrio.

I got it with a 12,000-mile allowance per year for three years. I wasn't really aiming for a cabrio, but it was the last one within 150 miles of dealerships in my area, and I didn't want to wait for four or five months for an ordered, but cheaper hardtop.

So, my budget already stretched somewhat, I didn't want to get 15,000 miles.

My commute is 54 miles round-trip, that's what I mainly got it for. I calculated that I have around 220 work days per year, times 54 miles is 11,880 miles; just under 12,000.

But of course, that doesn't leave much room for detours or joy rides on the weekend. Oh well, I guess I'll have to take my other car a few times to not go over my mile-allowance.

It looks like that my mileage allowance is the more restraining factor than the lack of a level 2 charger at home. I was on the fence on whether to get one, now I realize that I may not need one after all.

To help me with not exceeding my mileage allowance I wrote a bit of Visual Basic code to print me a monthly mileage schedule.

So, all I have to do now is call up my program, give it the lease parameters and I get a nice printout for the month that I can attach to the dashboard as a daily reminder.

Here's an example of that printout for June:

Print LeaseMilesPerDay("6/13/14","6/13/17",413,36000,"6/13/14")

Odometer Start: 413 miles or under
Daily Allowance: 52.7 miles

No more than ...
466 miles by end of Fri, 06/13/14
466 miles by end of Sat, 06/14/14
466 miles by end of Sun, 06/15/14

518 miles by end of Mon, 06/16/14
571 miles by end of Tue, 06/17/14
624 miles by end of Wed, 06/18/14
677 miles by end of Thu, 06/19/14
729 miles by end of Fri, 06/20/14
729 miles by end of Sat, 06/21/14
729 miles by end of Sun, 06/22/14

782 miles by end of Mon, 06/23/14
835 miles by end of Tue, 06/24/14
887 miles by end of Wed, 06/25/14
940 miles by end of Thu, 06/26/14
993 miles by end of Fri, 06/27/14
993 miles by end of Sat, 06/28/14
993 miles by end of Sun, 06/29/14

1046 miles by end of Mon, 06/30/14
As you can see, the mileage allowance does not increment on weekends.

I got the vehicle with 413 miles on the odometer. Given my vacation schedule - that I hard-coded into the source code - the function call

Code:
Print LeaseMilesPerDay("6/13/14","6/13/17",413,36000,"6/13/14")
contains as parameters the lease start (6/13/14), lease end (6/13/17), odometer reading at lease start (413), maximum allowed mileage for the complete term (36,000) and the first day of the mileage allowance schedule for the month I want printed.

For the next month, the function call will be modified in the last parameter to read:

Code:
Print LeaseMilesPerDay("6/13/14","6/13/17",413,36000,"7/1/14")
which prints:

Odometer Start: 1046 miles or under
Daily Allowance: 52.7 miles

No more than ...
1098 miles by end of Tue, 07/01/14
1151 miles by end of Wed, 07/02/14
1204 miles by end of Thu, 07/03/14
1204 miles by end of Fri, 07/04/14
1204 miles by end of Sat, 07/05/14
1204 miles by end of Sun, 07/06/14

1256 miles by end of Mon, 07/07/14
1309 miles by end of Tue, 07/08/14
1362 miles by end of Wed, 07/09/14
1414 miles by end of Thu, 07/10/14
1467 miles by end of Fri, 07/11/14
1467 miles by end of Sat, 07/12/14
1467 miles by end of Sun, 07/13/14

1520 miles by end of Mon, 07/14/14
1573 miles by end of Tue, 07/15/14
1625 miles by end of Wed, 07/16/14
1678 miles by end of Thu, 07/17/14
1731 miles by end of Fri, 07/18/14
1731 miles by end of Sat, 07/19/14
1731 miles by end of Sun, 07/20/14

1783 miles by end of Mon, 07/21/14
1836 miles by end of Tue, 07/22/14
1889 miles by end of Wed, 07/23/14
1942 miles by end of Thu, 07/24/14
1994 miles by end of Fri, 07/25/14
1994 miles by end of Sat, 07/26/14
1994 miles by end of Sun, 07/27/14

2047 miles by end of Mon, 07/28/14
2100 miles by end of Tue, 07/29/14
2152 miles by end of Wed, 07/30/14
2205 miles by end of Thu, 07/31/14
For July you can see that in addition to weekends, the mileage is not incremented for holidays as well, here: Independence Day on 7/4.

With this schedule I know every single day whether I'm over or under my allowance and can adjust accordingly.

Also, even though my original calculation of miles that will be driven in three years (11,880) is under 12,000, my daily allowance is only 52.7 miles per day, which is just a tad under my daily commute of 54 miles. This is due to the fact that I take the majority of my vacation in November and December, so in the year that the lease ends (in June) the bulk of my vacation is after that date.

This all may seem silly to one or the other reader. Especially because I learnt at the dealership that if one signs another lease when the current one is up, all overage miles get waived. But I simply don't know at this point what will be in three years, so I really want to make an effort to stay under the allowed miles and the daily mileage schedule will help me in achieving that.

I don't know if others would have an interest in the program code, since it is somewhat customized to my needs (for not driving on weekends and holidays), though very modular with reusable functions that could be easily utilized. So, if anyone is interested, I can make the code available. I actually wrote the code in VBA inside Microsoft Access.

Also, I realize that the ED forum is probably not quite the best fitting forum for this post, but I felt more "home" here in this forum.
 

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Discussion Starter #3
How much extra per month would it have cost you to get the $15,000 annual allowance?
I didn't even ask, but I recall the Tampa dealer earlier in the week telling me somewhere around $30 plus tax per month more than the 12,000 miles. But don't quote me on that. I could be off by a bit.
 

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Don't worry about it until you are about a year and a half into your lease. People go away on vacation, change jobs, move, lots of variables. Rarely are things the same 3 years from any particular point. And don't forget that the 20 cents per mile you pay is probably what it would have cost you for gas anyway.

Plus, in 2.5 years there may be some big incentive from Smart to get out of your lease early into a 2017 model. Don't sweat it.
 

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I didn't even ask, but I recall the Tampa dealer earlier in the week telling me somewhere around $30 plus tax per month more than the 12,000 miles. But don't quote me on that. I could be off by a bit.
You did not take into account the days that you are going to be off because you were sick or had to go to a family event, etc.

My round trip commute is 32.6 miles Mon thru Fri.
I got 10K miles per year allowance lease, I thought I was going to drive 9K a year but it turns out that I only have driven about 6K and my first year is on this coming August. I still have to take vacation, a few sicks days and some holidays. I probably will drive about 7K this year:)
 

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The 15k/yr option should run about $20/more over the 10K/yr?

the 12k/yr should be around $10 more?

You are also able to do a mid-lease adjustment if you find you are driving more (or less) than you contracted for?

ALSO, i got an AMEX card through MB Financial, one of the "perks" is it covers 1000mi over on any MB lease?
 

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Discussion Starter #7
You did not take into account the days that you are going to be off because you were sick or had to go to a family event, etc.
Well, in my case I have a paid-time-off account of 24 days per year. Both vacation days and sick days take away from that. Anything beyond that, I think, would be unpaid time off, which can only be taken in emergencies. I've never had to do that though.
 

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The 15k/yr option should run about $20/more over the 10K/yr?

the 12k/yr should be around $10 more?

You are also able to do a mid-lease adjustment if you find you are driving more (or less) than you contracted for?

Therefore, for just $10/month more than what he's paying now, the OP could bump his lease from 12K to 15K annually. And he *will* have the opportunity to do so.

I'd take that deal in a heartbeat. For as close as the OP expects to be to his limit, it's a small price to pay for the additional use (and fun) that he'd get from his new smart ED.
 
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