Frequently Asked Questions about Private Leasing
Private leasing is a way to rent a car for a longer period, usually 2-4 years. You pay a fixed monthly fee and get to use the car without owning it. When the leasing period ends, you return the car.
The leasing fee usually includes depreciation, interest and administration. Depending on the contract, service, insurance and winter tires may also be included. Always check what is specifically included in your contract.
It depends on the leasing contract. Some contracts offer the possibility to buy the car at a predetermined residual value after the leasing period, while others do not. Check the terms before signing.
If you exceed the agreed number of kilometers per year, you are usually charged an extra cost per kilometer. This cost varies between different leasing companies and car models.
Yes, but it usually involves costs. You may need to pay remaining leasing fees or a special termination fee. Read the terms carefully before signing the contract.
If service is included in the contract, the leasing company is responsible for regular service. For damages and wear that exceeds normal use, you may need to pay extra upon return.
If insurance is not included in the leasing contract, you must arrange your own car insurance. Comprehensive insurance is strongly recommended since you don't own the car.
You must be at least 18 years old, have approved creditworthiness and usually have permanent employment or stable income. A credit check is always done before the contract is approved.
Have more questions?
If you don't find the answer to your question here, feel free to contact us or check directly with the relevant leasing provider.
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