In recent years, private leasing increased markedly and today accounts for almost half of all private new car sales in Sweden. It is not particularly difficult to understand why. As a rule, no cash investment is required and the threshold for driving a brand new car is therefore low. The idea of having the entire car ownership collected on one invoice is also something that appeals to many.
A new SIFO survey conducted on behalf of SBM Försäkring shows that it not only appeals to many, but that the absolute majority are satisfied with their private leasing – as many as 92 percent are satisfied or very satisfied.
– It is obvious that private leasing is here to stay. Those who lease are extremely satisfied and everyone basically says that it will choose leasing again the next time they buy a new car. On the other hand, the concern about the terms of the agreement is still very great, especially among those who opt out of leasing, but also among those who actually lease today, says Johan Fahrbring at SBM Försäkring.
READ MORE: Private leasing: Clips and traps!
At the same time, 75 percent of the respondents in the survey, who do not lease privately today, say that it is quite or very unlikely that they will lease privately the next time they change cars.
The biggest fear among the respondents are in the potential extra costs that may arise when returning the car. Private leasing agreements often state that the person leasing the car may have to pay extra for “abnormal wear and tear”. A vague wording that makes many unsure of what the final note will actually end up on.
Other costs that can be forgotten in the eagerness to get a new car are insurance and vehicle tax. The insurance can in some cases be baked into the monthly cost with the lessor, while the vehicle tax is added in addition to the fixed monthly cost.
It is clear that private leasing is a type of car ownership that suits many, as evidenced by the high proportion of satisfied car owners. But it can be a jungle and there is a lot to take into account. How long should I lease the car? How many miles do I need? And perhaps above all – which car should I choose?
To help you choose the right one, we have created a private leasing guide. You can find it here!
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