Car leasing, the most important facts in brief
How does leasing work? What are the advantages and disadvantages? Are there any risks with car leasing? What alternatives are there? Find the questions and answers here.
How does leasing work? What are the advantages and disadvantages? Are there any risks with car leasing? What alternatives are there? Find the questions and answers here.
What is leasing and what are the advantages and disadvantages?
How much does leasing cost and how can I calculate a leasing rate?
The most important questions and answers about leasing.
What many people don't know is that a car on subscription offers many advantages over leasing. Lower costs, less risk and more freedom. Simply request a non-binding offer and discover the price advantage.
How is the monthly leasing rate composed?
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.
What is included in a lease?
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.
Can I adjust my leasing contract?
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.
Can the lease be terminated prematurely?
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.
Does the car belong to me after the lease?
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.