Cars · RATIOXA GLOSSARY
Unused mileage
Contracted distance not driven, refunded only under the specific contract terms.
Simple definition
Contracted distance not driven, refunded only under the specific contract terms.
Why it matters
This term changes how inputs, cash flows or results should be interpreted. RATIOXA keeps it explicit so two options are compared on the same basis.
Worked example
2,000 unused kilometres are not necessarily refunded at the excess-mileage rate.