The Leasing Rate is Only Half the Truth
Many get blinded by a cheap leasing rate (e.g., "Golf for €99"). But the Total Cost of Ownership often looks different. Here are the costs salespeople like to hide.
1. Delivery & Registration
Almost always paid separately. Often between €800 and €1,200. Spread over 24 months, that's quickly +€40 on the monthly rate!
2. The Return: The Classic Trap
The appraiser looks closely. Any scratch beyond "normal wear and tear" is charged expensively. The problem: Leasing companies often charge 100% of the repair costs, even though the scratch might have only minimally reduced the resale value on the free market. Smart lessees set aside €30-50 monthly strictly for this final bill.
Attention:
Do not confuse "normal wear" with damages. Parking bumps are damages and must be paid for.
3. Excess Mileage
Drive more than agreed? It gets expensive. Rates for excess kilometers are often high (e.g., 10-15 cents/km). 5,000km too many = €500 to €750 extra payment.
4. Maintenance & Service
You are obliged to do inspections at the authorized dealer. This is often more expensive than independent garages. A "maintenance package" can be worth it but must be calculated.
5. The Tire Trap (Winter Tires)
Leasing cars almost always come on summer tires. So you have to buy winter-capable tires. After 2-3 years you return the car, but the winter tires belong to you. Often they don't fit the next car. Result: You have to sell them at a loss on classifieds or "dispose" of them at the dealer. A hidden cost of often €400 - €800 depreciation.
6. GAP Insurance ("Gap Coverage")
In case of a total loss or theft, the insurance only pays the current market value. However, the leasing bank's claim is often higher (residual book value). Without special GAP insurance, you are stuck with this difference. While optional when buying, it is effectively mandatory for leasing – and drives the effective monthly costs further up.
7. No Asset Building
The biggest "hidden" cost is not an expense, but a lack of revenue. After 4 years, you own: Nothing. When buying, you would have a residual value.
Tip: Use our "Expert" mode to include one-off costs and return buffers in your calculation.