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    Frequently Asked Questions

    Private leasing is simple... provided you have the right information! Check out our FAQ to find out everything you need to know about leasing for individuals in Luxembourg.

    Difference between financial leasing and private leasing

    To fully understand the difference between private leasing and financial leasing, several factors must be taken into account:

    Services:

    Unlike financial leasing contracts, which do not include operational services, private leasing for individuals offers a comprehensive range of services in an all-inclusive leasing contract, such as: taxes, insurance, maintenance and repairs, assistance and breakdown service, tires, replacement car, etc.

    Financing:

    With private leasing, you only pay for the use you make of your car, and you only depreciate the value of the car over the term agreed in your contract. Only a fixed monthly rental fee including all services is charged throughout your contract. You do not have to release any additional cash. At the end of the contract, you return your vehicle and can start a new contract with a new vehicle.

    With financial leasing, you amortize 100% of the value of your vehicle either through a financial lease or a lease with an option to purchase at the end of the contract. You may also be required to pay a contribution toward the investment at the time of subscription.

    What is private leasing?

    What is Private Lease?

    This is a long-term car rental contract with services, for an agreed duration and mileage, designed specifically for individuals.

    The rent includes:

    • vehicle depreciation,
    • Road tax,
    • civil liability insurance,
    • Legal protection insurance (also known as legal defense)
    • driver insurance
    • Coverage for loss and damage to the vehicle (CASCO) (Optional)
    • maintenance and mechanical repair costs
    • roadside assistance (optional)
    • the "first immediate" replacement vehicle (Option)
    • summer and winter tires (provided depending on wear) (Optional)

    The rental fee does not include fuel consumption and fines for traffic violations.

    What are the conditions for accessing the Private Lease package?

    Private leasing is a simple option that is accessible to everyone!

    What are the requirements?

    • Be an individual
    • Hold a valid driver's license for at least two years and be no older than 75 at the time of enrollment.
    • Reside/have legal residence in the Grand Duchy of Luxembourg

    Do I meet all three criteria? I'm going for it.