Excess Mileage Allowance (EMA) is the per-mile or per-kilometer penalty rate charged by leasing companies and rental agencies when a driver goes over the mileage cap stipulated in their contract. Fleet managers and logistics planners monitor EMA closely because accumulating extra miles on leased trucks or company cars drastically inflates operating costs. The allowance is typically billed at the end of the lease term.
Heard on the job
We need to cycle the routes on the leased vans so we don't get hit with a massive EMA bill next month.
Also heard as
- Excess mileage charge