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Example of costs
Cash purchase price CHF 42 000 ¹), residual value for calculation purposes CHF 16 800 ¹), 15 000 km per year, results in 48 monthly instalments of CHF 696.15 ¹).
Based on a nominal interest rate of 6.95% (effective interest rate 7.17%), this is equivalent to total annual costs of CHF 1'908.55 ¹) (excluding depreciation and insurance of the item leased).
Approval of a leasing agreement is forbidden by law if it would lead to over-indebtedness on the part of the customer (legal stipulation as required by Art. 3, Federal Unfair Competition Act).
¹) incl. 7.6% VAT