Cars & motorcycles
Loans & mortgages
Healthcare & pensions
When buying a car in Switzerland, paying in cash is the cheapest option. However, there may be times when additional funds are needed for auto financing. In this case, you may consider a car loan or lease. Find out which option is more suitable for you in this article.
What are you looking for?
How much does a car lease really cost?
At first glance, leasing a car may seem like the better option. However, there is more to leasing than just the annual interest charges. When deciding between a car loan and a lease, you should also consider factors such as ownership, insurance costs, mileage, taxes and contract duration, which affect the total cost of a vehicle over its entire useful life. And what happens when your personal circumstances or needs change while on a leasing contract?
Calculate the lease payment for your preferred car and obtain an estimate of the approximate costs involved:Car Lease Calculator
Example: Lease vs. loan
|Lease 4.9%||Loan 7.9%|
|Purchase price of car||30,000||30,000|
|Duration in months||48||48|
|Total cost of instalments||22,027||34,903|
|Total cost including acquisition of car||34,027||34,903|
|Difference in financing||876|
|Difference in insurance||-804|
|Total difference (savings compared to loan)||72|
Assumptions / explanations
According to analyses by comparis.ch, full casco insurance for a leased car costs on average 200 francs more per year than that for a non-leased car. The costs of a lease at 4.9 percent roughly correspond to those of a loan at 7.9%.
The hidden costs of a car lease
A lease may sound like a quick and straightforward way to acquire a car, but many people fail to consider the many additional costs before they decide to lease a vehicle.
Car loan or leasing: What’s the best option?
When deciding how to pay for a car, getting the cheapest interest rates should not be the deciding factor. More often than not, aspects such as flexibility, car ownership, insurance costs and annual taxes are not considered during the decision-making process, which could lead to you paying more than you originally anticipated. Consequently, the best auto financing option should always take your personal situation, priorities and circumstances into account.
Fast, reliable and non-binding
The team of experts at Credaris, a partner service of Comparis, will help you select the right lender and the best loan for your needs.Request offer
Approval of a leasing is forbidden by law if it would lead to over-indebtedness (Art. 3 UWG).
Back to top
Stay up-to-date with the latest savings deals as well as expert tips on health, money and tax.
By registering, I agree to my data being processed in accordance with the data privacy statement of comparis.ch.