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Since the purchase of a new car is usually associated with a not inconsiderable financial outlay, many are looking for financially cheaper ones Alternatives. Many move in Leasing as a financially interesting alternative. However, most lessees do not want to keep the vehicle at the end of the leasing period, but want to return it to the lessor. These vehicles can then be found on the used car market. Such returns from leasing contracts are usually company vehicles (individual or fleet leasing contracts). The leasing vehicles are serviced in authorized workshops for the respective brand, which is usually part of the leasing contract. The interested party can therefore assume that any defects have been noticed and corrected. Most of the inspection work is also noted in the service booklet that accompanies the vehicle when it is sold.
What is a lease return?
When a lease ends, the lessee has two alternatives. He can rent the vehicle from the leasing company buy or he can take it to the leasing company hand back. If it is returned, it is called one leasing returns. It is then at the discretion of the lessor whether this vehicle is offered again as a leased vehicle or whether it is sold. Should it be sold, it will either be at a motor vehicle auction auctioned or it ends up with one used car dealer. The residual value specified in the leasing contract is mostly low. That is the reason why such vehicles are often inexpensive can buy. They are often relatively new vehicles, since leasing contracts usually only last between 2 and 5 years. Usually these vehicles are between two and four years old. They are usually well equipped, regularly serviced and well cared for. That's why they're mostly coveted used cars.
What are the advantages of leasing returns?
Since leasing returns are usually relatively new vehicles with particularly good equipment, the price is interesting. Former company cars are rarely equipped without a navigation system, automatic transmission, heated seats or leather seats. And should damage occur, it was professionally repaired by a brand workshop. Furthermore, there are mostly first-hand vehicles that are usually maintained with a full service history. The greatest loss in value of the new car is also absorbed by the lessee in the first few years of registration. This is the reason why the purchase price of a leasing return is so interesting compared to comparable vehicles.
Disadvantages of leasing returns?
These vehicles often have one high mileage, despite the mostly good condition on the outside. This is particularly the case with company vehicles used by field staff. The vehicle is often not particularly appreciated and, for example, is driven under load when it is cold. Such things are reflected in wear and tear. If you want to buy such a car, then you should before the purchase thoroughly checked for hidden defects. Incidentally, it is often better to lease a vehicle from a formerly private use to search. Most of them have a much lower mileage. By the way, most of the returns are station wagons with diesel engines. The typical company car. A small car, on the other hand, is rare.
Where can you buy leasing returns?
Until a few years ago, the leasing companies mostly offered their returns to commercial users. But today you can also find the returns at various intermediaries, online platforms or brand workshops. Occasionally there are also auctions where returns can be bought at auction. Here you can often make a bargain, since the profit of the middleman is eliminated.
But there are a few things to consider!
When it comes to leasing returns, there is a large selection, especially for popular vehicles. But before you snag a supposed bargain, check the car for any Defects and on hidden Damage have it inspected. An opinion from independent bodies should also be obtained if the vehicle was allegedly already thoroughly checked by experts when the lease was returned. It is ideal if you find a return with low mileage. This can often save you high repair costs. When purchasing a leasing return, you should not be fooled by the external condition, but always take a look at the valid TÜV seal and the checkbook. Again, the info at best one Lease returns from private use .
- You should pay attention to this when buying: Low mileage, for damage & defects, if possible from private use, checkbook, TÜV seal
How much do lease returns cost?
With leasing returns, you can often buy an above-average, well-equipped premium vehicle at interesting prices. It's a cheap way to get your dream car. Returns are often so inexpensive because the loss in value is highest in the first two years. Depending on the model and brand, it can be up to 25% and even More be. In the next few years it will level off at around 5 to 6 percent for each additional year. This loss of value is absorbed by the lessee. You can make a real bargain and get a vehicle that is only a few years old up to 60 percent cheaper than a new car. In addition, such a return can be paid for in cash or financed through the dealer or the bank.
Are there alternatives to leasing returns?
Another way to get your dream car cheaply is New car with daily registration or Jahreswagen. As the name suggests, annual cars are vehicles with only one previous owner that have not been driven more than 12 months after the first registration. These vehicles are particularly suitable for a used car leasing. A new car with a daily registration has usually not been moved or only very little and therefore the mileage is only minimal or even zero. Are interesting here too various rental concepts. Vehicles are offered for short or long-term rental. In the Short term rental a new car is rented for a maximum of one month. If you want to use the vehicle longer, you can Long term rental consider. Here the rental period can be freely selected and depends on individual needs. All costs except for fuel are already included in the price. In addition, depreciation and maintenance costs are irrelevant.
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