Car leasing, the most important facts in brief

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

First and foremost, only the costs for using the car for a certain period of time are covered. Comprehensive insurance, taxes, service & maintenance and tyres are additional costs that are not included in the monthly leasing rate. Depending on the leasing provider, these can be added for a surcharge, i.e. an increase in the leasing rate. This is known as full-service leasing.

No. In a leasing contract, you pay for the use of the car, but you have to return it at the end of the duration. However, depending on the vehicle and the leasing contract, buying the car after the lease is an option.

With leasing, you determine the conditions at the beginning. You choose your car, the duration and the kilometre package. These are then fixed and usually cannot be adjusted for the duration of the lease. If you want to adjust your leasing contract, it is best to contact your lessor.

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

The purpose of a down payment is usually to reduce the total cost of the lease so that the monthly payment is lower. The down payment is therefore not a deposit that is returned at the end of the lease if the vehicle is in good condition.

Yes, leasing is usually available without a down payment. In this case, the total costs are spread over the duration of the lease, so that the monthly payment 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.

Basically, the procedure is similar to that for any accident. In addition, the owner of the vehicle, i.e. the lessor, must be informed. The specific costs you have to pay depend on the leasing contract and the insurance conditions. Among other things, there may be costs for repairs, towing charges or administrative costs.

Yes, but these vary depending on the leasing company. The minimum age is usually 18, but there are also deviations or additional costs for young drivers. There may also be an upper age limit if risk factors that may be associated with advanced age are to be taken into account.

Yes, in most cases a lease can be used for private individuals as well as for SMEs and companies in general.