8 min what to look out for in a leasing contract and which insurance is indispensable for unadulterated driving pleasure, you can find out here.
A monthly rate and a trendy new car every three or four years – leasing is no longer only interesting for companies or the self-employed, but also increasingly for private individuals. the advantage is obvious: instead of a large purchase sum or financing, lessees ideally pay manageable monthly installments. But how does it look with leasing with the protection by the car insurance? Does a lease rate automatically include insurance?? When do i need GAP insurance? Answers to these and other questions can be found here.
What does car leasing actually mean??
The word leasing comes from the english and is translated as "to rent, to let". Who therefore leases a vehicle resp. rents, uses it, but does not own it. A lessee is usually entered as the keeper in the vehicle registration document, but the vehicle title remains with the lessor (leasing company, bank) as the owner.
the monthly "rent" to be paid depends on the model and the equipment of the vehicle. As a rule, the leasing contract is concluded for a period of two to four years, after which the car is returned. But if you are so fond of the leased car that you want to keep it, you can usually buy it for the calculated residual value.