Leasing finances the vehicle value minus the down payment. The rent amortises down to the residual value, the buy-out you pay at the end if you want to keep the car. The figures are shown without VAT: leasing rents and the buy-out are subject to VAT at the standard rate (23%), explained in the article.
At the end of the contract you decide: pay the buy-out and keep the car, or hand it back. Figures shown without VAT.
| Vehicle value | €30,000.00 |
| Initial down payment | €6,000.00 |
| Financed amount | €24,000.00 |
| TAN (nominal annual rate) | 6.9% |
| Number of rents | 48 |
| Monthly rent | €464.70 |
| Total rents (48 rents) | €22,305.49 |
| Residual value / buy-out (20%) | €6,000.00 |
| Total if you buy the car at the end | €34,305.49 |
| Total if you return the car at the end | €28,305.49 |
| Of which interest | €4,305.49 |
Educational estimate, not financial advice. It works out the rent (French amortisation) on the financed amount (vehicle value minus down payment) at the TAN you choose, amortising down to the residual value. Figures are shown without VAT; leasing rents and the buy-out are subject to VAT at the standard rate (23%), non-deductible for private individuals. It does not include commissions, insurance or stamp duty.