Cancellation of a car loan& leasing

adminonJuly 22, 2022February 11, 2022Leave a Comment

Due to errors in the cancellation conditions, consumers can still cancel credit and leasing contracts many years after the contract was concluded, even after the car has been sold and in the case of loans that have been paid off. We explain how you can get your money back with the so-called revocation joker and check free of charge and without obligation whether a revocation is possible.

Revocation car loan& leasing – here’s how you can pull the revocation joker.

Banks have not taken the necessary care in drafting the contracts for car loans and leasing agreements. If a revocation instruction does not meet the legal requirements, a loan agreement can be revoked for an unlimited period of time, even many years after it was signed. With rulings from the european court of justice (dated 09.09.2021, az. C-33/20, C-155/20 and C-187/20, and from 26.03.2020, az. C-66/19) and the German Federal Court of Justice (of 27.10.2020, az. XI ZR 498/19) is clear: customers can revoke car loan agreements in which the bank or savings bank has deviated from the statutory model of the revocation instruction for years after the conclusion of the agreement. We have found a wide variety of errors in the loan agreements of almost all car banks. Buyers who sell their car after the 10. June 2010 with a loan arranged by the dealer If you have financed the purchase, you may revoke the loan without any time limit. Because a jointly concluded purchase and loan agreement is a related transaction, the purchase agreement is also rescinded together with the loan revocation. The consequence of a successful recall is: you get back the down payment and the installments and in return you give back the car.

Eugh-judgment allows revocation of consumer contracts – even after the sale of the car and with paid-off loans

The European Court of Justice ruled on 09.09.2021 ruled that the clauses used by german banks in loan agreements are defective and that consumers have had to cancel their loan agreements with the conclusion of the contract for 10.06.2010 can still revoke today. the proceedings also involved a submission on the revocation of a car loan against volkswagen bank, which our law firm had obtained before the ravensburg district court. Our proceedings were combined with two other proceedings by the eugh, so that the eugh also ruled on proceedings against skoda bank and BMW bank gmbh.

The ruling is a serious one, because it not only legitimizes revocation on the basis of incorrect loan information, but also deals with the banks’ previous defense, so-called forfeiture and abuse of rights. As a result, revocation of a car loan is possible not only for current car financing but also if consumers have already sold their car and if the loan has already been repaid.

Our ruling before the eugh relates to a specific case of car loans, but we believe it can be applied to almost all consumer loans. Only real estate loan agreements are excluded from the consumer-friendly eugh ruling.

The details of the ruling, information on the requirements for loan agreements and background information on German case law on the subject of revocation can be read in the news article eugh ruling revocation car loan: millions of contracts can be revoked – law firm AKH-H obtains consumer-friendly ruling in luxembourg.

You can also see the most important information on the ruling in the video.

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Already with its decision of 26.03.In 2020, the eugh had revived the so-called revocation joker. According to the judges, consumer credit agreements must clearly and concisely state the modalities for calculating the revocation period. This is not the case if the revocation information refers to a paragraph that in turn refers to other paragraphs (so-called cascade reference). The following applies to consumers: almost all loan agreements concluded between June 2010 and today can still be effectively revoked.

BGH rulings on revocation: bundesgerichtshof bows to eugh requirements

With two judgments (XI ZR 489/19 and XI ZR 525/19 of 27.10.2020), the German Federal Court of Justice (BGH) bowed to the consumer-friendly requirements of the European Court of Justice and ruled in favor of the consumer. In both cases, the drivers were able to revoke their financing and demand repayment from the bank. In doing so, the Federal Court of Justice (BGH) has taken into account the ruling of the eugh of 26.03.2020 applied. The defendant bank used contract forms that deviated from the sample revocation instruction that the XI. Civil senate of the federal court of justice cannot grant "protection of the status quo. The Federal Court of Justice’s ruling on the revocation of car loans has a signal effect for numerous loan agreements from many different car banks. In another case, the Federal Court of Justice (BGH) also ruled that, in principle, a loan agreement can still be revoked years after it was concluded (ruling of 30 June 2009).3.2021 – XI ZR 75/20).

Consequences of revocation

If the consumer effectively revokes his car loan, this means that the loan agreement and the associated vehicle purchase contract are reversed. In these cases, the bank is obliged to reimburse the buyer for all payments made. In addition to the monthly installments, this also includes the down payment made to the car dealership. In addition, costs related to insurance or service contracts concluded at the same time as the loan agreement can also be reclaimed. Banks often defend themselves with the objection that the loss in value of the vehicle must be taken into account. In our opinion, this counterclaim of the bank can be regularly reduced to zero.

In the end, this means that in the best case scenario, the customer can not only return the car without any problems and receive a refund of all payments, but also that no costs are incurred for the use of the vehicle in the past.

Revocation of car loan& leasing: further judgments

Reference decision of the regional court of braunschweig

Following the consumer-friendly rulings of the Federal Court of Justice (BGH) on the revocation of car loans, the Regional Court of Braunschweig now also assumes a successful revocation in a case against volkswagen bank (reference order of 10.12.2020, az. 5 O 4162/19). With the current decision, the last bastion of the volkswagen group in the matter of revocation of car loans& leasing fallen.

AKH-H law firm convinces dusseldorf Higher Regional Court

the higher regional court of dusseldorf (note of 07.10.2020, file no: I-9 U 112/20) points out that the judgment of the eugh of 26.03.2020 (C-66/19) applies because the bank 11 in the present case uses the inadmissible cascade reference and cannot rely on any fiction of legality. The senate has therefore recommended that the parties reach a settlement.

Further decisions of the higher regional courts (excerpt)

OLG celle, judgment of 13.01.2021 (az. 3 U 47/20): the higher regional court of celle ruled against volkswagen bank on the basis of the inadmissible cascade reference. volkswagen bank had made changes to the revocation information and therefore could not invoke the legal fiction.
the higher regional court of frankfurt am main also condemned MCE bank (MKG bank, mitsubishi) on account of the inadmissible reference to hull (judgment of 22.09.2020, ref. no. 10 U 188/19). Since MCE bank’s revocation information deviates from the statutory model, it cannot invoke the fiction of legality either.

Examples of errors in car loan agreements

In recent years, our law firm has reviewed thousands of loan and leasing agreements to determine whether they can be successfully revoked. We were able to uncover a whole series of errors in the contracts. Typical errors include:

No information on all competent supervisory authorities
Incomplete notice on the default interest rate and the method of its adjustment
Incorrect or missing information on the type of loan and the designation of the contracting parties
Incomplete information on the loan broker
Misleading information on the payout conditions
Incorrect information on the calculation of the early repayment penalty
Cascade reference in the revocation information
Incomplete representation on the out-of-court conciliation procedure

In principle, even a detected error in the loan agreement is sufficient to still be able to declare the revocation of the car loan even after the original deadline has expired. The list of possible errors in car loan or leasing agreements is long. We would be happy to review your contract free of charge and without obligation. You will receive a written assessment of whether there is a possibility of revocation in your case.

List of car banks without a legally compliant revocation declaration

According to our findings and those of stiftung warentest, which has also devoted its attention to the topic, many cancellation instructions in the car loan agreements of the following banks do not comply with the legally prescribed requirements:

AKF bank gmbh& co. KG
Alfa romeo bank
ALS auto-leasing-service gmbh
Audi bank
Auto europa bank
Bank 11
BDK bank german motor vehicle industry
BMW bank
BW bank baden-wurttembergische bank
Fiat bank
Ford bank
Honda bank
Hyundai capital bank europe gmbh
Jaguar bank
Lancia bank
Land rover bank
lotus bank
Maserati bank
Mercedes benz bank
MKG bank – mitsubishi
Nissan bank
opel bank
Peugeot bank
Porsche bank
Renault bank
Santander consumer bank
SEAT bank
Skoda bank
Targobank
Toyota credit bank
Volkswagen bank

However, the contracts of all credit institutions have not yet been examined, so it can be assumed that the revocation declarations of other banks have not been formulated correctly and are therefore contestable. It is therefore worthwhile in any case to have your own contract examined by an expert. Only in this way can it be reliably clarified whether a specific case has a chance of success in out-of-court negotiations or even in court.

online calculator revocation car loan& leasing: how much money can consumers expect??

You would like to calculate your economic advantage in the event of a successful revocation? Use our free online calculator to find out in just a few minutes how much money you would receive in the event of a successful cancellation. Our online calculator applies to all those who sold their car after the 13.06.bought and financed in 2014.

Example of revocation of a car loan with the following key data:

Audi A6 avant – purchase price euro 35.000,- – used car – purchase date march 2015 – down payment euro 10.000,- – interest rate 1,5% – date of revocation may 2018:

FAQ revocation of car loan – frequently asked questions

What are the concrete benefits of revoking a car loan??
You can withdraw from the loan agreement early and return the car. In return, you will receive back the installments already paid and the down payment. In the best case, the bank must pay all interest and redemption payments as well as the down payment without deductions. However, even if the bank is entitled to compensation for use, this is often the more lucrative option, especially for cars affected by the emissions scandal.
Who can benefit?
The revocation joker can be used by any consumer who has signed a loan or leasing contract after the 10th month of the lease term.06.2010, regardless of whether it is a diesel, gasoline, (plug-in) hybrid or electric vehicle.
Does this also apply to entrepreneurs??
In principle, the law does not provide for a right of revocation for entrepreneurs. However, there are narrow exceptions that must be checked in each individual case. For example, if the car was purchased while the business was still being set up.
What if I financed a used car?
It is irrelevant whether it is a used or new car. It is important that the loan or leasing agreement be terminated as of the 10th day after the end of the loan or leasing period.06.concluded in 2010.
What if I have already paid the last installment?
In this case, too, the contract can generally be revoked.
What about traces of use or if there is even accidental damage?
Usual signs of use are irrelevant. Whether this also applies to accidental damage must be examined on a case-by-case basis, as it may be that a revocation does not make much economic sense.
What if I have already sold my car??
Here, too, it must be examined in each individual case whether it also makes sense for economic reasons to cancel the loan or the loan agreement. to revoke the leasing contract. However, revocation is possible in principle.
Does my legal protection insurance cover?
Legal protection insurance for contracts or motorists is generally effective in the event of a revocation, provided that it was taken out in good time before the insured event and the insurance conditions do not expressly exclude revocation. The insurance case occurs as soon as the bank rejects the revocation.
Against whom is the revocation directed?
The revocation is directed against the car bank.
When do I have to hand over my car?? I depend on it.
You will have to return the car as soon as the bank accepts the revocation. This means that you can continue to drive the car until everything is settled.

Note on the revocation of leasing contracts

How the revocation joker helps car drivers affected by the diesel scandal

Especially for the owners of a so-called cheat diesel, the revocation opens up unimagined possibilities to counter the less customer-friendly behavior of the car companies. it is the diesel buyers of the brands concerned who have suffered the damage. in case of driving bans in inner cities, the vehicle cannot be used as usual. In addition, there is the loss of value of the vehicles concerned. However, it is not only disappointed diesel drivers who have the option of revoking their contracts. All car buyers who have signed a car loan or leasing contract in the past years can benefit from the existing legal situation.

As part of our free examination, we will first show you whether a revocation option still exists – in addition, we will also examine free of charge whether claims for damages can be asserted in your case due to exhaust gas manipulation.

Costs covered by legal expenses insurance

Within the framework of a free initial assessment, we not only check your chances of successfully revoking your car loan or lease, but we also take care of the coverage request with your legal protection insurance and subsequently take over the entire correspondence with the insurance company.

If you have legal protection insurance, you must check whether it will cover the costs in a specific case. If an insurance policy has not explicitly excluded the assumption of costs for proceedings under the right of revocation and if the assumption of costs has been applied for in due time and form with a conclusive justification, the legal protection insurances will usually assume the costs even if the insurance policy did not yet exist at the time the credit agreement was signed. It is also necessary to check whether an existing traffic legal protection insurance will cover the costs. Our experience is that not only the common contract and family legal protection insurances cover the costs. In particular, motorists’ legal expenses insurance policies taken out, for example, in connection with membership of an automobile club, declare cost coverage.

Note: if you take out a traffic/legal protection insurance policy in good time before revoking the loan, this policy must cover the costs of the legal dispute, unless a loan revocation is expressly excluded. Please note that there is often a three-month waiting period after taking out legal protection insurance.

Tip for those without legal protection insurance: for those who do not have legal protection insurance and are afraid of proceeding at their own risk, we offer a coverage inquiry with our litigation financier. Consumers bear no costs and no risk when proceeding with the assistance of a litigation financier. only in the event of a successful lawsuit will the financier receive a portion of the proceeds.

Quick and easy to a successful recall: this is how you proceed

First of all, check whether your loan or leasing contract is in order after the 10. June 2010 concluded have. If so, you have the opportunity to have the revocation instructions contained therein checked for possible errors by our law firm free of charge.

As part of our free examination, we will first show you whether a revocation option still exists. Furthermore, it is included that we will free coverage inquiry with your legal protection insurance company and, if you wish, even declare the revocation on your behalf, so that we can complete written correspondence bear the costs of the legal dispute with both the insurance company and the bank. Of course, we will keep you informed about every step of the process.

You will receive the results of our written examination within a few days. After we have examined your contract and explained to you how to proceed, you decide whether you want to instruct us to enforce your rights. The procedure up to this point is completely free of charge for you.

Every car loses value in the course of months and years. Especially if a sale of the used car is planned, an accurate valuation for the car is important. Many vehicle owners are surprised at how high the loss in value is and how little they receive for their used vehicle. In the following, we explain to you how the vehicle value can be determined and what advantages a vehicle subscription from cluno offers as an alternative.

How is the depreciation of a car calculated??

Unfortunately, there is no one-size-fits-all, golden rule that can be used to carry out a vehicle valuation for any vehicle of any age. The factors that determine the actual value of a vehicle are too numerous to be taken into account. Nevertheless, a number of guidelines and rules have been established throughout the industry that can be used to calculate the depreciation of a car.

The gradual wear and tear of all technical components that play a role in the functionality of the vehicle is essential for the loss of value. The car valuation should enable a relation between the residual value of the vehicle and the cost of necessary repairs. The aim is to calculate when major repairs are no longer worthwhile and a so-called economic total loss is present.

The actual calculation is based on the new value of the car. A fixed percentage is deducted from this value each year, which varies depending on the manufacturer, year of manufacture and age of the vehicle. So that not every car dealer or owner has to determine the vehicle value himself, the loss in value of all important models is summarized in lists. The most important industry standard is the schwacke list.

Which cars suffer the greatest loss in value?

High-quality premium vehicles are particularly affected by a loss in value in the first few years. This applies not only to the absolute value of the vehicle, which can be tens of thousands of euros below the purchase price after just one or two years. Vehicles in the top category also lose the most value in relation to small or compact cars.

According to the schwacke list of 2020, models such as the mercedes SL 500, the BMW 745 d or the lexus LS 430 were particularly affected by an absolute loss in value. Other vehicles from mercedes, jaguar, audi and porsche were found in the top 10. According to the 2020 schwacke list, the jaguar XJ 6 was the most valuable vehicle in terms of percentage loss in value.3.0, the alfa 166 3.2 and the jaguar X-type 3.0 V6 most affected by relative value loss.

It should be noted that all of these values are estimates of the loss in value. The actual loss in value of an individual vehicle depends on many individual factors, which in case of doubt should be considered separately by an appraiser or expert. Regardless of make and model, the equipment of the vehicle plays a role. Additional extras result in a higher vehicle value.

When does a car lose the most value?

Generally, new vehicles lose a lot of their value in the first year after purchase. Many vehicles lose one-sixth to one-fifth of their value in the first year of ownership. Over the years the percentage loss decreases. After three years, a vehicle is worth about half its new price; after that, it loses a good five percent with each additional year.

The most frequent reason for a spontaneous loss of value is an accident. Depending on the severity of the accident, the resale value of the vehicle can be drastically reduced. In the worst case, the vehicle is a total loss, so that the car valuation only shows its scrap value. With each passing year, it is therefore necessary to consider more carefully whether it is worth repairing a vehicle that has been involved in an accident or whether it would be better to invest directly in a new car.

Which factors cause the loss of value?

Various factors play a role in the individual vehicle valuation. The following is an overview of the most important factors that need to be taken into account when determining the value of a car:

Year of manufactureThe year of construction and thus the age of the vehicle is probably the most important factor in vehicle valuation. The older a vehicle is, the more likely it is to have wear and tear on all components.
MileageJust because a vehicle has aged, it does not mean that it has been driven frequently. Therefore the mileage is the second important valuation factor. The more often a vehicle has been used, the more wear and tear and a reduction in value can be assumed.
Manufacturer& model seriesWhile year of manufacture or mileage determine the degree of depreciation, the manufacturer and model series are the starting point for the calculation. As shown in the estimates above, a greater loss of value in the first few years can be assumed if the vehicle is a high-quality brand from a well-known series such as BMW, Mercedes Benz, Porsche, Jaguar or Alfa Romeo.
Equipment: a basic equipment may have been chosen for a high quality make. In the same way, in a standard vehicle of the middle class, many extras can find their place. The more attractive the extras in a vehicle, the higher the resale value and the lower the loss in value.
PaintingA small factor, which should not be underestimated, is the paintwork. Exotic colors make it difficult to get the vehicle to a new buyer. This is why professional dealers set a low value, because they have to take into account economically a new paint job.

Can the loss of value also be slowed down??

Of course, as a vehicle owner, you are not helplessly exposed to the loss of value of your vehicle. Some measures help to delay the gradual loss of value according to the schwacke list. It is true that a car cannot be prevented from aging and losing value as a result. However, you can take countermeasures and increase the resale value of the vehicle. Possibilities include:

Maintenance intervalsA good technical condition of the car is the most important basis to achieve an attractive price in the valuation of the car. You should therefore make a point of adhering to the manufacturer’s inspection intervals. A potential buyer will recognize that you have taken care of the vehicle and will take this into account in the vehicle valuation.
Parts replacement and equipmentAs mentioned above, extras in the equipment are an important factor to enhance the value of the car. This does not have to be a strong equipment line as a new car. In the same way, you can add some extras to your vehicle later on and thus achieve an upgrade. The spectrum ranges from technical tuning to the integration of electronic extras.
Vehicle maintenance: a car is more than the interaction of technical components. In order to increase the chances of resale, the vehicle must also be visually in good condition. From paint care to an attractive interior, the factors with which you, as the owner, can actively contribute to maintaining the value of the vehicle are many and varied.

Why do cars lose value so quickly?

Calculating the depreciation of a car quickly leads to unexpectedly low values. This is due to two factors. On the one hand, the real, technical loss of value is given. Anyone who is commercially active and is familiar with the wear and tear of machinery and equipment will be familiar with comparable values in terms of loss of value.

In the case of a motor vehicle, however, the vehicle market also plays a role. Determining the residual value of a vehicle is, after all, most often done in order to arrive at a resale value as a private or commercial dealer. The demand of the market decides how much potential buyers still want to spend for a used car.

Since commercial dealers still want to make a profit on the sale, the loss in value is relatively high, especially in the first few years. For many buyers, it makes a big difference whether you choose a one- or a three-year-old car. With increasing age, this factor moves more into the background. It is therefore all the more important to take care of the maintenance and care of your own car in good time.

i want to sell my car, how do i calculate the resale value?

Anyone who wants to determine the value of a vehicle themselves should take a look at the current schwacke list. This is publicly accessible and, after a brief search, shows what your vehicle is currently worth. The list is also used by commercial dealers to determine the resale value of a car.

use the value of the schwacke list as a basis for arriving at the individual value. Thus, the estimated values are based on an annual mileage of 15.000 kilometers. If you have driven significantly less, your car will be worth more. Recently added extras also increase the value. Online you can find calculation tools that make a more precise estimate possible.

When is it really worth buying a car??

Due to the high loss of value, it is seldom worthwhile, especially in the first few years, to make a conscious decision to buy a vehicle. This mainly makes sense if you are commercially dependent on a top vehicle with individual equipment. Many drivers have a clear idea of exactly what they want from their vehicle. If a few thousand euros in equipment and depreciation are not an issue, the investment can be made. For the private vehicle owner this often looks different.

Why it pays to buy a car

With a subscription from cluno, you no longer have to worry about car valuation in the future. You get our pre-built vehicles at attractive conditions, and if you need another vehicle, you can take it on a subscription basis. This means that you quickly lose the fear of premature depreciation and still always start out with high-performance, high-quality vehicles!

promoting hydrogen mobility hydrogen cars: this hyundai deal raises questions

The Nexo has already been on the market since 2018; Hyundai has sold just 150 of them in Germany in the whole of 2021, and across Europe there have been no 1000 since market launch. source: imago images

The nexo has already been on the market since 2018; hyundai has sold just 150 of them in germany in the whole of 2021, and there have been fewer than 1000 across europe since its launch.

Image: imago images

14.300 euros per car transferred by the state to a leasing company from the hyundai group to promote hydrogen mobility. The invests the money – in hyundai cars.

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Hydrogen is not yet a success story in passenger cars, even though this form of propulsion has existed since 1966: annual sales figures have been in the three-digit range for years. According to the federal motor transport authority, just 40 of the approximately 228.000 new passenger cars in germany in december 2021 powered by hydrogen.

last tuesday’s announcement makes us sit up and take notice: leasing provider allane SE, formerly sixt leasing, will take over 800 hyundai nexo fuel cell cars in its fleet. The nexo has already been on the market since 2018; hyundai has sold just 150 of them in germany in the whole of 2021, and according to its own figures, there have been fewer than 1,000 across europe since the market launch. So now 800 at once to just one leasing provider?

14.300 euro tax money per car

This is made possible by a surprisingly generous grant from the federal ministry of transport: allane will receive up to 11.4 million euros from the state agency NOW, which reports to the federal ministry of transport and the federal ministry of environment. That’s up to 14.299 euros government subsidy per car – more than double the government subsidy for electric cars.

Best of wiwo the hydrogen illusion

Specifically, the money comes from the "national innovation program for hydrogen and fuel cell technology (NIP)," which runs until 2026. The NIP is implemented by NOW as an interdepartmental program of the federal government under the leadership of the Federal Ministry of Digital Affairs and Transport, BMDV. The goal is "research and development as well as market preparation of hydrogen and fuel cell technology in the transport sector."

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A bitter dispute has been raging for years about whether fuel cells and hydrogen have any future at all in cars. Recently, more and more manufacturers had stopped their hydrogen car plans and only continued to develop pure e-cars. Only hyundai and toyota currently have hydrogen models on the market, but there are hardly any customers for them because of their high price; in addition, the hydrogen filling station network is still very thin. Most recently, federal Transport Minister volker wissing (FDP) also emphasized that the battery had clearly won out in the passenger car sector. The managing director of the state-owned NOW, kurt-christoph von knobelsdorff, sees things differently. "there are several paths to climate neutrality in the transport sector. If a company like allane now markets 800 examples of the hyundai nexo, that’s a strong signal to the market and shows that the fuel cell also has prospects in passenger cars," he said.

donglim shin, CEO of allane, also emphasizes his green ambitions: "we are pleased that the federal government is supporting our ambitions in the area of sustainable mobility with such a large sum of money. Together with hyundai (…) we want to make a contribution to establishing alternative drive technologies and making individual mobility significantly more environmentally friendly," NOW quotes the allane boss as saying on its website.

Tracking the energy transition #1 too little of everything

But there is one interesting detail that all parties involved are not mentioning: allane is a 92 percent subsidiary of hyundai capital bank europe, which acquired the majority of shares from sixt in 2020. "to put it bluntly, you could say that hyundai is selling its own cars to itself with government subsidies," says an allane competitor. NOW head von knobelsdorff said in response to a question that the criteria for funding under the NIP program are "the same for all applicants"." allane was neither favored nor disadvantaged in the approval process because of its affiliation with hyundai, he said. A total of 2164 applications for fuel cell cars were approved in the funding call in question, even though "the 800 for allane was by far the largest single application to date".

The fact is: the 11.4 million euros for allane is by far the highest sum ever awarded to a single project under the NIP for passenger cars. Normally, NOW subsidizes special vehicles such as hydrogen-powered garbage trucks from the pot. So much money for hydrogen cars is unusual, to say the least. In addition, allane leasing, which belongs to hyundai capital bank europe, should not only have applied for hyundai fuel cell cars; there is also a competing model from toyota. The federal ministry of digital affairs and transport has so far declined to comment further on the matter.

According to allane, the money will be used to provide hyundai’s hydrogen cars to leasing customers "at particularly attractive conditions. The leasing rates start at 718 euros net per month, including value-added tax at 856 euros. allane does not want to put an exact figure on how much the same cars would cost under comparable leasing conditions without the lavish injection of government money: "the list price of the vehicle of 69.327 euros (excluding value-added tax) is generated by the subsidy of 14.299," says the company in response to a query. "it can be roughly said that the leasing rate is reduced in approximately the same proportion as the purchase price."but on the market the nexo is sometimes offered cheaper at similar leasing conditions. Allane says: "the exact lease rate depends on a lot of factors, like term, mileage, etc"."

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By the way, the money given to allane is not to be confused with the so-called environmental bonus: in addition to pure e-cars and plug-in hybrids, fuel cell cars that run on hydrogen are also subsidized. But only up to a maximum nettolist price of 65.000 euros; on the reporting date, the nexo was just too expensive for this, hyundai announced.