Transfer fees and additional costs in car leasing

The monthly payment is one part of the total cost

A complete comparison includes one-off charges, ongoing services and potential end-of-contract costs as well as the lease payment. The offer and lease agreement specify which items apply.

1. Delivery and registration

Delivery and registration may be charged separately. Spread these amounts across the term when comparing offers: €960 over 24 months, for example, equals €40 per month.

2. Vehicle return

At return, the vehicle condition is checked against the criteria in the agreement. Normal wear and tear is different from damage. Read the damage guide before signing and document the condition at collection and return.

3. Excess Mileage

If you exceed the agreed mileage, the contract rate per excess kilometre applies. Also check whether unused mileage is refunded and whether limits apply.

4. Maintenance and servicing

The agreement sets out the required servicing and which workshops may perform it. Compare the expected individual costs with the price and coverage of a maintenance package.

5. Additional tyres

Check which tyres are included and whether you need a second set. Include purchase, fitting and storage as well as any expected sale proceeds at the end of the term.

6. GAP cover

After a total loss or theft, there may be a difference between the insurance payment and the outstanding lease amount. Check whether the lease or comprehensive insurance includes GAP cover and which exclusions apply.

7. Ownership and residual value

With leasing, you return the vehicle at the end of the agreement. With buying, you retain the vehicle value but pay the purchase price and carry residual-value risk. Compare lease payments with purchase costs after the expected sale proceeds.

Tip: Under “Depreciation and investment return”, add one-off costs, excess mileage and a return allowance.