We estimate your running costs at the start of the lease based on how much you think you’ll drive per year. But we can change those running costs at any time throughout the term.
If you're overspending compared to the budget, we readjust those figures to cover the extra kilometres. If you overestimate, we can dial the expenses back to bring the payments down. But in that scenario, most people leave the extra paid as a buffer in the account in case something comes up.
At the end of the term, we refund the account balance back to the employer to pay to you as taxable salary.