Car purchase: personal loan usually cheaper than leasing

If you want to realize your dream of owning your own car, you have three options: pay cash, take out a loan or lease the car. comparis.ch has compared the two alternatives of credit and leasing. The result: a personal loan is usually preferable to leasing, as the costs are lower and you can get out of the contract at any time. The leading Swiss [...]

Calculation: Many providers attract customers with low leasing rates. However, the actual costs amount to far more than these pure rates.

 

The leading Swiss Internet comparison service has analyzed the advantages and disadvantages of the respective financing methods when buying a car and comes to the conclusion that a loan is preferable to leasing. Comparis banking expert Marc Parmentier: "If you take a closer look at leasing financing, the costs amount to far more than the pure leasing installments. That's why you shouldn't be fooled by the tempting leasing offers." Schuldenberatung Schweiz is also rather critical of leasing. Further information on the Internet.

www.comparis.ch
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