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Ending the car lease early will also incur costs: although the vehicle's loss of value is spread across the lease term, the rate at which vehicles depreciate is significantly higher at the start of the lease. If you break the lease, you pay this difference retroactively.
Good to know: you can deduct the interest paid on your consumer loan from your taxable income. This is not possible for vehicles leased for private use.
Without doubt, the cheapest way to buy a car is by using money that you've saved. If this is not possible, and there's no way of postponing the purchase, make sure you weigh up the total costs and limitations carefully.
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Note: These figures are intended as a guide only. The actual lease payments will differ depending on factors such as residual value, term and interest rate. An exact price can only be calculated on an individual basis.
When you lease a vehicle, you are required to take out full casco insurance. To find out the cheapest deal for your vehicle, use our car insurance comparison.