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how to lease a car in geneva..........

hi guyss can any one help regarding to lease a car in geneva.

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hi guyss can any one help regarding to lease a car in geneva.


afrasiab rApr 27, 2011 @ 01:58
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Re: how to lease a car in geneva..........
Post 1

The biggest leasing company is owned by Credit Suisse and is called Bank Now.


https://www.credit-suisse.com/ch/privatkunden/hypothekenfinanz/en/leas_kredit/index.jsp


The level of credit you get depends on your income (affordability repayments ), the car (value, age etc), and how much you are willing to put down, and pay as a final payment after the leasing term is up.


You can also try Cashgate... which is a loan company, and may lend against the purchase of the car.


 

The text you are quoting:

The biggest leasing company is owned by Credit Suisse and is called Bank Now.


https://www.credit-suisse.com/ch/privatkunden/hypothekenfinanz/en/leas_kredit/index.jsp


The level of credit you get depends on your income (affordability repayments ), the car (value, age etc), and how much you are willing to put down, and pay as a final payment after the leasing term is up.


You can also try Cashgate... which is a loan company, and may lend against the purchase of the car.


 


Charlie, Apr 27, 2011 @ 09:22
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Re: how to lease a car in geneva..........
Post 2

Or do you mean another type?


http://www.patricklocation.ch/  or, even


http://www.mobility.ch/en/pub/index.cfm

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Or do you mean another type?


http://www.patricklocation.ch/  or, even


http://www.mobility.ch/en/pub/index.cfm


James d, Apr 27, 2011 @ 10:04
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Re: how to lease a car in geneva..........
Post 3

Charlie, do you know if there are any web sites that reveal the residuals on various makes and models?

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Charlie, do you know if there are any web sites that reveal the residuals on various makes and models?


richardm, Apr 27, 2011 @ 10:12
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Re: how to lease a car in geneva..........
Post 4

Charlie, do you know if there are any web sites that reveal the residuals on various makes and models?


Apr 27, 11 10:12

Rich


Nope sorry, but I assume its based on a percentage differential between what is already paid down and residual value of the car.


There are KM limits per year you can drive (to preserve value)... going over "could" incur a charge.


With leasing its most common to trade in the car for another model, newer or different at the end of the term...commonly 3 or 5 yrs, which circumvents the need to pay down any final capital.(which is there ONLY IF you decide you want to keep the car forever) .. but the leasing firms can advise better, They may in fact have lists (or should) of cars that hold value best where your final payment is much less than the residual value of the car if you decide to keep it (rather than trade in).


In some cases the garage has to guarantee the repurchase of the car at the end of the term (assuming you are within the KM limit)... so its worth checking with BMW and VW... etc who all offer leasing opportuinities on NEW cars from their own financing divisions.


Dont plump for the big 4x4's though.... even the luxury models have gone out of fashion due to the 2008 crisis and street  values have crashed.

The text you are quoting:

Rich


Nope sorry, but I assume its based on a percentage differential between what is already paid down and residual value of the car.


There are KM limits per year you can drive (to preserve value)... going over "could" incur a charge.


With leasing its most common to trade in the car for another model, newer or different at the end of the term...commonly 3 or 5 yrs, which circumvents the need to pay down any final capital.(which is there ONLY IF you decide you want to keep the car forever) .. but the leasing firms can advise better, They may in fact have lists (or should) of cars that hold value best where your final payment is much less than the residual value of the car if you decide to keep it (rather than trade in).


In some cases the garage has to guarantee the repurchase of the car at the end of the term (assuming you are within the KM limit)... so its worth checking with BMW and VW... etc who all offer leasing opportuinities on NEW cars from their own financing divisions.


Dont plump for the big 4x4's though.... even the luxury models have gone out of fashion due to the 2008 crisis and street  values have crashed.


Charlie, Apr 27, 2011 @ 10:33
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Re: how to lease a car in geneva..........
Post 5

 . . . .  and buyer beware, if you want to break the lease before termination, it will cost you a bundle !  Have the leasing company do the calculation examples for you, it may well put you off . . .  maybe you'll think you would be better off with a second hand car.


And Charlie is right, the cost of gas may continue to go up so keep it smaller than bigger !

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 . . . .  and buyer beware, if you want to break the lease before termination, it will cost you a bundle !  Have the leasing company do the calculation examples for you, it may well put you off . . .  maybe you'll think you would be better off with a second hand car.


And Charlie is right, the cost of gas may continue to go up so keep it smaller than bigger !


Poster, Apr 27, 2011 @ 12:36
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Re: how to lease a car in geneva..........
Post 6

I'd only lease under two conditions: There's a tax benefit (possible if you are a business owner) or if there is a factory subvented (incentivized) leasing program in effect.  I've never seen any lease deals in Switzerland that look like a bargain, but it's hard to say without knowing what the residuals are.


I know that in the US, many GM products have wildly optimistic residuals that could make leasing quite a bargain.  You can return to the dealer a Buick that's depreciated far more than what you've paid for.  =)

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I'd only lease under two conditions: There's a tax benefit (possible if you are a business owner) or if there is a factory subvented (incentivized) leasing program in effect.  I've never seen any lease deals in Switzerland that look like a bargain, but it's hard to say without knowing what the residuals are.


I know that in the US, many GM products have wildly optimistic residuals that could make leasing quite a bargain.  You can return to the dealer a Buick that's depreciated far more than what you've paid for.  =)


richardm, Apr 27, 2011 @ 12:51
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Re: how to lease a car in geneva..........
Post 7

thankss guyss for valuble suggestionss.......now its easy for me to pick upSmile

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thankss guyss for valuble suggestionss.......now its easy for me to pick upSmile


afrasiab r, Apr 27, 2011 @ 15:03
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Re: how to lease a car in geneva..........
Post 8

I'd only lease under two conditions: There's a tax benefit (possible if you are a business owner) or if there is a factory subvented (incentivized) leasing program in effect.  I've never seen any lease deals in Switzerland that look like a bargain, but it's hard to say without knowing what the residuals are.

I know that in the US, many GM products have wildly optimistic residuals that could make leasing quite a bargain.  You can return to the dealer a Buick that's depreciated far more than what you've paid for.  =)


Apr 27, 11 12:51

Rich, regardless of the tax benefits, leasing is the most interesting form of credit. If you don't have the cash to pay upfront, there's no better option than leasing. Also, if you plan to own the car and set the residual value to 0, the km limits don't apply. Cheers/

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Rich, regardless of the tax benefits, leasing is the most interesting form of credit. If you don't have the cash to pay upfront, there's no better option than leasing. Also, if you plan to own the car and set the residual value to 0, the km limits don't apply. Cheers/


catalin, Apr 27, 2011 @ 15:52
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Re: how to lease a car in geneva..........
Post 9

can anyone recommend a reasonably valued company to rent a car from for a week?


 

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can anyone recommend a reasonably valued company to rent a car from for a week?


 


Dave H, Apr 28, 2011 @ 20:25
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Re: how to lease a car in geneva..........
Post 10

Catalin,


A question about buying a car: my wife´s colleagues tell us it is quite easy to get financing from the dealer in Switzerland when purchasing a car. But you say leasing is better. Would appreciate any feedback.


Kenneth

The text you are quoting:

Catalin,


A question about buying a car: my wife´s colleagues tell us it is quite easy to get financing from the dealer in Switzerland when purchasing a car. But you say leasing is better. Would appreciate any feedback.


Kenneth


Kenneth Dreesen, May 5, 2011 @ 01:41
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Re: how to lease a car in geneva..........
Post 11

Catalin,

A question about buying a car: my wife´s colleagues tell us it is quite easy to get financing from the dealer in Switzerland when purchasing a car. But you say leasing is better. Would appreciate any feedback.

Kenneth


May 5, 11 01:41

The "financing" the dealers offer is also leasing. They typically work with only one leasing institution, which may or may not have the best rates on the market. It's always good to compare. In my case I bought a new Mazda from the dealer and I was able to find a better deal "outside" than what they were offering. In Geneva the Banque Cantonale Genevoise (BCG) typically has the best rates but the dealers run promotions at times so you always want to compare.

The text you are quoting:

The "financing" the dealers offer is also leasing. They typically work with only one leasing institution, which may or may not have the best rates on the market. It's always good to compare. In my case I bought a new Mazda from the dealer and I was able to find a better deal "outside" than what they were offering. In Geneva the Banque Cantonale Genevoise (BCG) typically has the best rates but the dealers run promotions at times so you always want to compare.


catalin, May 5, 2011 @ 10:04
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