Although the public transport system is good in Germany, you may still hanker after the convenience of a car. Whether you're an expat working in Germany or living there permanently, the cost-effective way of ensuring trouble-free motoring is to hire or lease a car. According to Lease Guide, leasing a car is between 30 and 60 per cent cheaper than buying a new car. Leasing also means you usually get a new car every few years, maintenance and repair costs can be included and you get a loan vehicle while your car is being repaired.
- Skill level:
Things you need
- Driving licence
- Proof of address
- Evidence of income
Check out car leasing companies in Germany via the Internet. Compare lease costs, car fleets and lease terms. The resources section lists a couple of leasing companies, but there are many to choose from.
List a few companies that suit your requirements for leasing a car in Germany. Contact the companies to confirm offers you have seen on their websites.
Decide which company to use to lease your car in Germany and then make an appointment to visit. Check out the documentation you will need to take with you. Minimum requirements, depending on your residential status, will include driving licence, passport, proof of address, evidence of income (bank statements or payslips) and your business accounts, if applicable. A deposit also will be required, which is refundable if you are declined a car lease.
Select the type of vehicle you want to hire or lease. Study the lease terms and conditions carefully.
Complete and sign the application forms and then hand them with your documentation and deposit to the car lease representative. You can pay by cheque, credit card or debit card. Don't pay with cash. Your documents will be copied and returned and your application will be processed. It can take several days or longer for your application to be completed.
Go to meet the car lease representative to complete the agreement and pick up your car. Check out your car to make certain you are satisfied then read the lease agreement carefully before signing. Take delivery of your new car.
Tips and warnings
- If you're thinking of hiring a car for more than about 17 days, consider leasing instead: it can often work out cheaper.
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