A - Agreed Mileage

05 June 2006

Agreed mileage - In many contracts or policies, you might have to agree to a maximum mileage over a period of time. Going for a lower mileage may help reduce your costs, but the penalties for exceeding that figure could be prohibitive. (See also PCP.)


Want to know the difference between your APRs and your PCPs? Our Glossary will guide you through the minefield of car-buying terms.

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