Exceeding the mileage limit specified in the lease agreement typically incurs additional charges at the end of the lease term. These excess mileage fees can vary depending on the leasing funder and are often calculated per mile over the agreed-upon limit. To avoid such charges, it's essential to estimate your annual mileage accurately before signing the lease and consider any potential changes in your driving habits during the lease term. Additionally, discussing mileage options and potential overage fees with the leasing funder beforehand can help you plan accordingly and potentially negotiate a higher mileage limit if needed.