Car leasing, the most important facts in brief

The monthly leasing instalment is influenced by the price of the vehicle, the kilometre package and the interest rate. The higher these factors are, the higher the leasing instalment. On the other hand, the down payment, the term and the residual value of the vehicle determine the instalment. The higher these factors are, the lower the leasing instalment. The leasing instalment therefore only covers the costs of using the car. However, there are other costs associated with the car, which can be included as an option depending on the lease.

First and foremost, only the costs for using the car for a certain period of time are covered. Fully comprehensive insurance, taxes, service & maintenance and tyres are additional costs that are not included in the monthly leasing instalment. Depending on the leasing provider, these can be booked for an additional charge, i.e. an increase in the leasing instalment. This is known as full-service leasing. With a car subscription, you benefit from an All-in-One package in which these costs are already included.

With leasing, you determine the conditions at the beginning. You choose your car, the term and the kilometre package. These are then fixed and generally cannot be adjusted for the duration of the lease. If you want to adjust your leasing contract, it is best to contact your lessor. With a car subscription, you are more flexible in terms of terms, kilometres and vehicle changes.

No, a leasing contract can only be cancelled or terminated prematurely in exceptional cases. It is therefore advisable to set terms that can be reliably adhered to. If you want to terminate a leasing contract prematurely, it is advisable to find someone to take over your lease. This way you can avoid the high exit costs.

Yes, leasing is usually also available without a down payment. In this case, the total costs are spread over the term of the lease so that the monthly instalment is significantly higher than with a down payment. However, the total costs remain the same with and without a down payment, only the time of payment changes.

Yes, in most cases leasing can be used by private individuals as well as SMEs and companies in general.

A car subscription is the simple and inexpensive alternative to leasing. The terms are more flexible, as the subscription is available for between 3 and 48 months, while leasing usually has long-term contracts of 36 to 60 months. In addition, the low monthly fixed price of a car subscription includes all the costs of using the car (fully comprehensive insurance, taxes, tyres, registration, service & maintenance and other extras), while the monthly leasing rate only includes residual value, interest and leasing costs. With leasing, however, depending on the contract, there is also the option of buying the car at the end of the lease. This is not possible for all vehicles with a subscription.

No. When leasing, you pay for the use of the car, but must return it at the end of the term. However, depending on the vehicle and leasing contract, buying the car at the end of the lease may be an option.