Here are some answers to our most frequently asked questions.
Once your Leasing Eligibility is confirmed, our car experts get in touch with Leaseacar’s trusted car sources and scrutinize the market to shortlist cars that match your preference. You can then go ahead with selecting and finalizing your future car from the pictures and details that our car expert has shared with you.
The moment you finalize you future car choice with our car expert, Leaseacar procures (buys) your car and executes the ready-to-drive process on it, to get your car delivered to you within 2 weeks.
Step 1: We process your leasing form to get your leasing eligibility within 48 hours.
Step 2: We scrutinize the market to shortlist cars that match your preferences, after which we share pictures, details, and car advice to help you make your final choice.
Step 3: We buy your car from our trusted sources and deliver to you within 2 weeks.
Step 4: Our driver inspects the car and drives it to our preferred garage.
Step 5: The garage executes the car quality control procedure and reports back to Leaseacar.
Step 6: The car now reaches the Leaseacar office where the before-delivery quality control is executed.
Step 7: Our driver registers your car at the registration center of your canton.
Step 8: Finally the driver delivers the car ready-to-drive, anywhere in Switzerland.
Step 9: You inspect your future car and when satisfied you sign the delivery protocol.
The car is now yours, ready to drive. Enjoy it!
No, Leaseacar is an independent multi-brand car expert, specialising in new and like-new cars. We commit to find the best quality car deal corresponding to your needs and preferences.
A like-new car is one that is between 1 and 2 years old, and has been driven for a maximum of 30,000 kilometres—a car as good as new but a lot cheaper to lease. Most of these cars come with a remaining balance of the manufacturer warranty.
An average new car loses up to 20% of its initial price in a year assuming it’s driven 15,000 km/yr. Leaseacar targets cars that are 2 years old and have a maximum of 30,000 kilometres. This has proven to be the best leasing deal condition for a like-new car.
Yes, Leaseacar’s trusted car sources also include new cars. There are times when certain brands offer very attractive prices on new cars, and the slight price difference between new and like-new makes it a better deal to opt for a new car.
The main trusted car sources include all independent garages, official country car importers, retail car dealerships, and companies owning fleet of cars. Leaseacar’s team of car experts have been transacting with these trusted car sources since 2002. We are known pros in the car market—we do what we say and say what we do. A trusted car source is one that shares the same values as Leaseacar.
Yes, you get to test drive your future car at the time of delivery. If the car is not as per your expectation, you have the option of refusing it. Our new or like-new cars are procured from trusted sources and each car goes through 2 rounds of stringent quality checks before it is delivered to you. We say this with pride that none of Leaseacar’s vehicles have ever been rejected.
The Swiss car market is relatively small—roughly 300,000 new cars and 800,000 used cars are sold per year. Since Leaseacar operates at a national level, there is enough inventory available for us to deliver cars that suit our clients’ preferences. In comparison, Germany has a much bigger car inventory and is a market we know well. Though there are additional costs involved when sourcing from Germany, Leaseacar does look in to the German market, when the Swiss inventory for a car is limited. We indicate this in the car choices section, if there are any cars sourced from Germany.
No. It is only the first installment payment that is made to Leaseacar. The remaining monthly lease payments are paid by you directly to the leasing company.
You need to make the first installment payment to Leaseacar. This installment is considered as a security deposit against your car; it also reduces your monthly installments by one payment.
No. You can make your monthly lease payments using the following options—direct debit, standing order, monthly payment slip.
If early on in your lease you realize that you will be driving much more than you expected, you can contact Leaseacar to see if you can be allowed to revise the lease to permit a higher mileage. Most lessors do not allow extra kilometers to be bought mid-lease. Give us a call.
No, there is no refund if less kilometers are consumed. However, if the kilometers are considerably lower than the lease allowance, it means that the car could be worth more than the agreed residual value. Therefore this could be a good buy for you if you wish to keep the car.
In the event of an early lease termination, the leasing company charges you a compensation fee. Your leasing contract contains a complete schedule of the month-to-month degressive compensation fee that you will have to pay if you opt for early termination of your lease.
Yes, please contact Leaseacar when your decision of an early termination is made. We will check the potential market value of your car and help you sell it to ease your early lease termination compensation fee. Give us a call.
Yes, but this will be treated as a case of early termination.
Though the car is yours to drive, legally the car is the property of the leasing company for the duration of the lease term.
It is you the lessee who has the first right to buy the car when the lease ends. You can purchase the car from Leaseacar at its agreed residual value and become the owner. Otherwise Leaseacar is obliged to pay the residual value to the leasing company and become the car owner.
Your new address details need to be shared with the leasing company along with your proof of residence. If the canton stays the same, you only have to order a new gray card from the registration center. If you change canton you will have to re-register your car in the new canton and change your plates.
A car residual value is the worth of the car at the end of the lease term. The residual value is also the amount at which you can buy the car at the end of the lease. You have the first right to buy the car. If you do not want to buy it, Leaseacar is obliged to buy it by paying the residual value to the leasing company.
Leaseacar buys the car to be leased from its trusted sources the cost of which the leasing company reimburses to Leaseacar. As the lessee, you pay the monthly lease payment to the leasing company. Once the lease is over Leaseacar is obliged to pay to the leasing company the agreed residual value of the car. If you decide to buy the car, you need to pay the car’s residual value to Leaseacar to become owner of the car.
The term of the lease agreement begins with the takeover of the car. That is, the moment your future car is delivered to you the contract commences. It ends with the expiry of the selected duration of the contract.
It’s an easy digital 3-step process that takes you towards leasing your future car.
Step 1: Share details of your car preference and budget.
Step 2: Fill the leasing form to get leasing eligibility.
Step 3: Finalize your future car choice with our car expert and have it delivered within 2 weeks.
To fill the leasing form you’ll need to keep handy your passport, Swiss residency permit, and your last 3 salary slips. Filling the form takes about 10 minutes.
Yes, depending on the quality of your credit history. Many customers opt to make a down payment to reduce their monthly lease payments.
There are four conditions that need to be fulfilled before applying for a car lease: To qualify as a lease applicant what are the conditions that have to be met?
It is the leasing company that has to carry out the credit check and provide approval.
Leaseacar works with Cembra Money Bank for its leasing needs. A leasing contract is a tri-party agreement between three separate entities. Here they are the client, Cembra and Leaseacar.
Cembra Money Bank AG is a leading Swiss provider of consumer finance products and services. Its product range includes personal loans, auto leases and credit cards. Cembra has been listed on the SIX Swiss Exchange since 2013. It has 800 employees and more than 830,000 customers.
Yes, a low credit score would mean you have to pay higher interest rates or a larger down payment. In some cases you could also be denied a lease because of the low score. At Leaseacar we help you through this challenge by offering you a less expensive car model that could fit your credit score.
Not being able to provide proof of your work status could reflect on your inability to meet your lease payments on time and in full.
Yes, your last 3 salary slips are used by the leasing company to assess and calculate your credit score.
Yes, it lowers the monthly lease payment. The maximum car leasing tenure is 5 years and the minimum is 1 year. It is common for clients to opt for a lease of 3 years and above.
To lease a car you need a good credit score and a steady job. Most 18-year-olds have not had enough time to build credit and a lot may still be in college and unemployed. In such a case a practical option is to allow a co-signer to take responsibility of the payments.
A manufacturer warranty is a promise by a car manufacturer that it will repair or replace defects in your car for a specified period of time. Each brand has its own period of warranty depending on kilometers and other conditions.
For new cars the manufacturer warranty period starts from the day you get the car. For like-new cars if the remaining manufacturer warranty is less than 1 year, Leaseacar adds an extended 12 months/20,000 km along with 5-star warranty from Quality1.
Quality1 AG, is a 100% owned subsidiary of Allianz Switzerland, and is the leading Swiss supplier of automobile guarantees in the field of cars, boats, agricultural machinery and motorcycles.
The 5-star extended warranty covers 100% of the labor and material costs with no deductible—the best product of Quality1.
For car repair services and maintenance you can visit any dealership that deals with your specific car brand.
Every like-new car goes through a stringent 40-step quality control process that begins at the garage and ends at the time the car is delivered to the Leaseacar office. This quality control process depends on the car configuration and make. Leaseacar ensures that the car is delivered to you exactly in the condition as agreed upon in the contract.
The before-delivery quality control list comprises of about 35 checkpoints. It takes place at the Leaseacar office, where our car expert verifies all paperwork and carries out some additional checks on the car. This is to ensure that the car delivery happens flawlessly.
New cars come with new summer tires. For like-new cars we change the summer tires when the tread depth is below 2mm. The legal tolerance is 1.6mm, but for your safety and peace of mind we change the tires before the minimum tolerance limit is reached.
Winter tires are not included in the lease. The cars come with summer tires. If you wish to buy winter tires, Leaseacar offers attractive discounts on tires. We can also have them mounted on your car if the car delivery happens during the winter time. Consult our car experts to explore options and prices available.
For cars under leasing it’s compulsory to purchase a Full Casco coverage. The average cost of insurance for a car that costs around 50,000 is roughly CHF 2,500. For a car under CHF 20,000 it might be around 1,600 CHF, and can be as much as CHF 3,500 or more for a CHF 100,000 car.
Partial Casco covers a combination of a wide range of risks: theft, damage from natural events, fire, vandalism, collision with animals, glass damage, etc. Full Casco covers damage to the vehicle caused by the driver. It is supplemental to Partial Casco and is compulsory for cars under leasing.
No, the insurance cost is not included in the lease.
Yes, our partner myswissinsurance.ch can provide you with insurance quotes. While filling the leasing form, all you need to do is check yes to receive the insurance quote or ask our car expert about it.
Apart from being multilingual—English, French, Italian and German—myswissinsurance.ch assures quick service via email with quality service at competitive prices. The teamwork between Leaseacar and myswissinsurance, equals to time saved for you.
You need to provide your personal details, such as name, residential address, nationality, birthdate, employer name, Swiss resident permit or passport details.
Most car insurances cover road side assistance. For some car brands it’s included by the manufacturer. You can discuss this with your car expert when making your final car choice.
Yes, we do. Leaseacar will hand over the keys of your car at the doorstep of the place of your choosing, anywhere in Switzerland.
Yes, it is.
If you prefer to personally collect your car from the Leaseacar office you’re most welcome to. We are very close to Lausanne.
Yes. Our dedicated drivers drive to the registration center in your canton (region) with all the necessary documents to register your future car. We also offer you the first vignette so you can easily drive on Swiss motorways.
Yes, the car is delivered ready-to-drive—registered and with all related paperwork in place. You take the keys and enjoy the ride.
Our dedicated drivers hold a general train pass. This pass allows them to board any train in Switzerland to head back to their home.
Leaseacar sends a driver to you location of choice anywhere in Switzerland to recuperate the car and de-register it.
It is Leaseacar who is responsible for carrying out the car check at the end of the lease term.
Yes, we check for damage and excessive wear and tear of the vehicle and total number of kilometers consumed. All items that came with the car at the start of the lease are also checked. Some of these items may include the second set of keys, original floor mats, spare tires, etc.
If the kilometers on your car exceed the limit by a big margin, you will need to pay for the extra kilometers consumed. This is because the residual value of the car is calculated based on your kilometer allowance. When you exceed the limit, it affects the residual value—your car’s worth at the end of the lease term.
Leaseacar majorly deals in like-new cars and specializes in preparing and fixing these cars on a regular basis. Because we receive quotes from our partners directly, we aim at easing the extra cost of car damages for our clients.
As your lease term nears its end, you have 3 options. You can extend your lease term, but this depends on the car age and the total kilometers consumed. You can also buy the car at the pre-agreed residual value indicated in your lease contract. And the third option is that of ending the contract. Leaseacar is obliged to buy the car, and not you, at the end of the lease. We purchase the car by paying the residual value to the leasing company to become the new owner.
It is you the lessee who has the first right to buy the car when the lease ends. You can purchase the car from Leaseacar at its agreed residual value and become the owner.
Yes, it is possible to drive in Switzerland with a foreign driving license for the first 12 months. But it is mandatory to apply for a Swiss driver’s license within the first year itself.
A new license can take around 6 weeks to process. For licenses issued by non-EU or EFTA countries, a test drive is required. Licenses issued in countries, such as Australia, USA, Canada, Israel, Japan, Korea, New Zealand and Singapore, require only additional documentation to be shown to procure a Swiss license.
You have to pay an annual road tax for your car. The amount of this tax differs depending on the canton in which the vehicle is registered. Though registration (procuring plates and grey card) of your car is a one-time process, the road tax is an annual expense invoiced at your address by the registration center of your canton.
Yes, it is. Every registered vehicle needs to pay a road tax.
No. As per law, the car must be in appropriate shape in accordance with the weather and the condition of the road. This holds especially true in the case if a car with summer tires meets with an accident during winter. In such a situation, the insurance company does not cover the damages.
In Switzerland there is no pay toll for motorways. The vignette (motorway sticker) is itself the toll and costs 40 Swiss francs per year. Leaseacar offer you the first vignette when we deliver your future car.
You call your road side assistance number and they tow your car to the nearest garage that deals with your car brand. Your car warranty is valid across Europe.
The car registration process includes procuring the car plates and the grey card (car registration document). This is done at the registration center in your canton (region). Leaseacar takes care of this for you, so that you receive a ready-to-drive car right at your doorstep at the time of delivery.