Early return of the leasing vehicle
If you drive a leased vehicle, you are bound by a contract. An early return obliges you, if the lessor accepts it at all, to pay compensation. It is important that you understand the billing of the contract, as some advantages in favor of the lessor can be included here.
You will certainly have had reasons for deciding to return your vehicle early. leasing Actually, it only pays off if you are commercially active and can show the leasing installments as business expenses for tax purposes. If you are planning an early return, you should calculate in advance what financial implications this will have for you.
Different types of contracts for the leasing vehicle
- Leasing is the provision of a vehicle for a certain time and a certain mileage. For the calculation of the resulting costs for an early return, it depends on whether you have agreed a residual value leasing or kilometer leasing.
- In the case of residual value leasing, a certain residual value of the leasing vehicle was specified when the contract was signed. This is the amount that you will have to pay when the contractually agreed leasing period expires. In the case of kilometer leasing, billing is agreed on the basis of the kilometers driven. More or less kilometers are to be compensated.
- If you return the leased vehicle prematurely, you will be in breach of the contract, as you will not adhere to the agreed contract period. As with any other contract, you are making yourself liable for damages.
The return will be invoiced
- If you have used the leased vehicle intensively and / or have driven many kilometers, you must expect that you will have to pay considerable costs. After all, you have to assume that the lessor has usually given you a vehicle that is as good as new that your use has now lost its value as new and it will be more difficult for the lessor to acquire the vehicle utilize. He has based his cost calculation on the fact that you behave in accordance with the contract.
- Roughly speaking, the lessor calculates his damage on the basis of the leasing installments that are still open and a possible one Final payment as well as the redemption value of the vehicle and deducts his interest advantage, which he due to the early Returns received. In turn, you are to be credited with the amounts that the lessor receives from the sale of the leasing vehicle.
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Don't make an early decision
- Overall, you have to assume that you will definitely have to accept a financial loss if you aim for an early return. Ideally, you should procure another leasing vehicle through this lessor and negotiate the early return with him in such a way that you are largely harmed.
- Before you make your decision or after you have received the cost claim from the lessor legal advice.
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