You pay 4378€, then you pay 36 monthly installments of 241€ and then, after all that, you pay another 12309€.
And on top of that you will be able to drive it up to 10kkm for example. Why the whole cost of the car can’t be divided in monthly payments? I mean – it could be but most often I see such offers with that closing payment. I guess it would be easier to go to the bank, got a “Freie Verwendung Kredit” and be free. You own the car, you can drive it as much as you want and can modify the car without asking the dealer for permission.
This isn’t super helpful in terms of answering the question because I never did what you are thinking about doing but I want to give you some advice on that. My dad is a financial advisor and not a fan of leasing cars because you will almost always end up paying much more than on paper and it’s much more expensive that when you save the money and pay everything at once. It only really makes sense if you have your own company and use the vehicle as a company car (does that word even exist in English?) because there are certain advantages when it comes to taxes in this scenario.
My advice is to look for used cars that have been leasing cars before. After the leasing contract is over there will be a special inspection of the car where the former owner of the car will have to pay for every little scratch on the hood of the car, the rims as well as every additional kilometre that exceeds the distances that was agreed to in the leasing contract etc. This way you already have a good idea about the condition of the car. Used cars are of course significantly cheaper than new ones because the value of the vehicle drops significantly in a short amount of time as soon as it’s being used. And since you actually own it when you buy it used you can hit as many curbs with your rims as you want and the trucks can hurl as many little stones onto your hold and windscreen as they please without you having to pay a lot of extra money.
Oof, 12K Schlussrate!
A big last instalment is already not a good deal when you could afford a slightly higher monthly rate. Having to pay half the total car price after three years of payments is madness.
Technically, yes. But the Fahrzeugpreis might depend on this specific offer.
5 comments
You pay 4378€, then you pay 36 monthly installments of 241€ and then, after all that, you pay another 12309€.
And on top of that you will be able to drive it up to 10kkm for example. Why the whole cost of the car can’t be divided in monthly payments? I mean – it could be but most often I see such offers with that closing payment. I guess it would be easier to go to the bank, got a “Freie Verwendung Kredit” and be free. You own the car, you can drive it as much as you want and can modify the car without asking the dealer for permission.
This isn’t super helpful in terms of answering the question because I never did what you are thinking about doing but I want to give you some advice on that. My dad is a financial advisor and not a fan of leasing cars because you will almost always end up paying much more than on paper and it’s much more expensive that when you save the money and pay everything at once. It only really makes sense if you have your own company and use the vehicle as a company car (does that word even exist in English?) because there are certain advantages when it comes to taxes in this scenario.
My advice is to look for used cars that have been leasing cars before. After the leasing contract is over there will be a special inspection of the car where the former owner of the car will have to pay for every little scratch on the hood of the car, the rims as well as every additional kilometre that exceeds the distances that was agreed to in the leasing contract etc. This way you already have a good idea about the condition of the car. Used cars are of course significantly cheaper than new ones because the value of the vehicle drops significantly in a short amount of time as soon as it’s being used. And since you actually own it when you buy it used you can hit as many curbs with your rims as you want and the trucks can hurl as many little stones onto your hold and windscreen as they please without you having to pay a lot of extra money.
Oof, 12K Schlussrate!
A big last instalment is already not a good deal when you could afford a slightly higher monthly rate. Having to pay half the total car price after three years of payments is madness.
Technically, yes. But the Fahrzeugpreis might depend on this specific offer.