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While the leasing contract often provides for high costs, the leasing bank sometimes offers the possibility of reducing the expenses under certain conditions. If extraordinary termination is necessary, the lessor can also claim compensation for the depreciation of the vehicle.\n\nIn addition to the **outstanding lease payments** that are due until the end of the term or until extraordinary termination, further costs may be incurred.\n\n## What happens if the vehicle is damaged or the residual value is lower?\nIf the leased car has significant damage or the residual value falls below the expected value, the lessee may be faced with **claims for damages from the leasing company**. The leased asset is valued on the basis of its current condition and any reduction in value is offset against the originally agreed repurchase value. \n\n## Can the leasing contract be transferred to another person?\nThe transfer of a leasing contract is generally **possible, but requires the consent of the leasing company**. This option can be particularly attractive in order to get out of the leasing contract early without bearing the full financial burden. The lessor's consent is crucial and can often be obtained by the new lessee assuming the remaining obligations.\n\n## What happens if the leasing installments can no longer be paid?\nIf the lessee can no longer afford the monthly leasing installments, a default in payment usually occurs, which can result in **legal action on the part of the leasing company**. The right of termination enables the leasing company to terminate the contract prematurely in the event of non-payment and possibly reclaim the vehicle.","link_label":null,"link_url":null,"image":{"filename_disk":"5694a661-9b3b-4801-8710-7bc65d7ec352.jpg"},"itemsTop":[{"question":"What costs are incurred for the early termination of a leasing contract?","answer":{"heading":[{"type":"Text","content":"What costs are incurred for the early termination of a leasing contract?"}],"content":[{"type":"Text","content":[[{"type":"Text","content":"Early termination of a leasing contract typically incurs a "},{"type":"Bold","content":"termination fee and compensation payments"},{"type":"Text","content":". While the leasing contract often provides for high costs, the leasing bank sometimes offers the possibility of reducing the expenses under certain conditions. If extraordinary termination is necessary, the lessor can also claim compensation for the depreciation of the vehicle."}]]},{"type":"Text","content":[[{"type":"Text","content":"In addition to the "},{"type":"Bold","content":"outstanding lease payments"},{"type":"Text","content":" that are due until the end of the term or until extraordinary termination, further costs may be incurred."}]]}],"childParagraphs":[]}},{"question":"What happens if the vehicle is damaged or the residual value is lower?","answer":{"heading":[{"type":"Text","content":"What happens if the vehicle is damaged or the residual value is lower?"}],"content":[{"type":"Text","content":[[{"type":"Text","content":"If the leased car has significant damage or the residual value falls below the expected value, the lessee may be faced with "},{"type":"Bold","content":"claims for damages from the leasing company"},{"type":"Text","content":". The leased asset is valued on the basis of its current condition and any reduction in value is offset against the originally agreed repurchase value."}]]}],"childParagraphs":[]}},{"question":"Can the leasing contract be transferred to another person?","answer":{"heading":[{"type":"Text","content":"Can the leasing contract be transferred to another person?"}],"content":[{"type":"Text","content":[[{"type":"Text","content":"The transfer of a leasing contract is generally "},{"type":"Bold","content":"possible, but requires the consent of the leasing company"},{"type":"Text","content":". This option can be particularly attractive in order to get out of the leasing contract early without bearing the full financial burden. The lessor's consent is crucial and can often be obtained by the new lessee assuming the remaining obligations."}]]}],"childParagraphs":[]}}],"itemsBottom":[{"question":"What happens if the leasing installments can no longer be paid?","answer":{"heading":[{"type":"Text","content":"What happens if the leasing installments can no longer be paid?"}],"content":[{"type":"Text","content":[[{"type":"Text","content":"If the lessee can no longer afford the monthly leasing installments, a default in payment usually occurs, which can result in "},{"type":"Bold","content":"legal action on the part of the leasing company"},{"type":"Text","content":". The right of termination enables the leasing company to terminate the contract prematurely in the event of non-payment and possibly reclaim the vehicle."}]]}],"childParagraphs":[]}}],"showLess":"Show less","showMore":"Show more"}},"hero_billboard":{"terminate-car-lease-early 2":{"name":"terminate-car-lease-early 2","headline":"Everything you need to know","marketing_heading":"Terminate car lease early  ","background_color":"accent","align_content":"center","actionable":{"title":"The future of car ownership","items":[{"type":"Link","content":"Browse cars","url":"/plus/offerlist/","target":"_self","title":"","isInternalLink":false}],"offerListUrl":"plus/offerlist","background":"option","browseCars":"Browse cars"},"actionable_background":"option","banners":[{"type":"image","video_desktop_url":null,"video_mobile_url":null,"start_time":null,"end_time":null,"redirect_url":null,"image_desktop":{"filename_disk":"53332894-f492-4df6-a4b9-a712b332d28e.jpg"},"image_mobile":{"filename_disk":"ee266dce-953a-43fc-8b31-3850b4581a7e.jpg"}}],"usps":[],"hasSignup":false}},"fleet_teasers":null,"usps":null,"know_your_cars":null,"Reviews":null,"comparisons":null,"benefits_long":{"terminate-car-lease-early":{"name":"terminate-car-lease-early","title":"What options are there to terminate a leasing contract early?","items":[{"src":"done","header":"Termination agreement","text":{"heading":[{"type":"Text","content":"dummy"}],"content":[{"type":"Text","content":[[{"type":"Text","content":"A termination agreement offers an immediate solution for ending the leasing contract, but often entails a "},{"type":"Bold","content":"significant compensation payment"},{"type":"Text","content":". This option requires extraordinary termination and is usually associated with comprehensive reversal."}]]}],"childParagraphs":[]},"previewHeight":300},{"src":"done","header":"Leasing takeover","text":{"heading":[{"type":"Text","content":"dummy"}],"content":[{"type":"Text","content":[[{"type":"Text","content":"Transferring a leasing contract to "},{"type":"Bold","content":"a new contractual partner"},{"type":"Text","content":" is the easiest way to get out of a current leasing contract. There are exchange platforms on the Internet that help to find a suitable person to take over the lease. This is a practical solution for those who want to return the vehicle early without having to pay the full balance."}]]}],"childParagraphs":[]},"previewHeight":300},{"src":"done","header":"Vehicle change","text":{"heading":[{"type":"Text","content":"dummy"}],"content":[{"type":"Text","content":[[{"type":"Text","content":"A vehicle exchange offers the opportunity to swap the current leasing contract for a new one, often with a "},{"type":"Bold","content":"newer or higher-value leased vehicle"},{"type":"Text","content":". Before choosing this option, you should carefully consider the costs involved. The leasing company will assess whether the change makes economic sense. Despite the possible high costs, this can be an attractive option, especially if your needs or tastes have changed."}]]}],"childParagraphs":[]},"previewHeight":300}],"showLess":"Show less","showMore":"Show more"},"terminate-car-lease-early 2":{"name":"terminate-car-lease-early 2","title":"Advantages of a car subscription over leasing","items":[{"src":"done","header":"More flexibility","text":{"heading":[{"type":"Text","content":"dummy"}],"content":[{"type":"Text","content":[[{"type":"Text","content":"Leasing contracts rarely offer the option of early termination. A car subscription, on the other hand, can be terminated monthly and can be paused "},{"type":"Bold","content":"for up to three months"},{"type":"Text","content":" with SIXT+. This creates financial leeway in uncertain phases. This is an advantage for private individuals and companies with employees in their probationary period as well as start-ups."}]]}],"childParagraphs":[]},"previewHeight":300},{"src":"access_time","header":"Short runtime","text":{"heading":[{"type":"Text","content":"dummy"}],"content":[{"type":"Text","content":[[{"type":"Text","content":"Leasing contracts usually start with a contract term of 24 months. The car subscription makes it possible to get out after just a few months without any long-term obligations. The minimum term of the SIXT+ Auto Abo is 30 days."}]]}],"childParagraphs":[]},"previewHeight":300},{"src":"assignment","header":"Secure planning","text":{"heading":[{"type":"Text","content":"dummy"}],"content":[{"type":"Text","content":[[{"type":"Text","content":"The SIXT+ car subscription not only covers the MOT and inspection, but also "},{"type":"Bold","content":"maintenance and workshop costs as well as liability insurance"},{"type":"Text","content":". This offers a level of security that is not always available with leasing. Protection packages can be booked as an option."}]]}],"childParagraphs":[]},"previewHeight":300}],"showLess":"Show less","showMore":"Show more"}},"videos":null,"hero_button_banner":{"terminate-car-lease-early 3":{"name":"terminate-car-lease-early 3","description":{"heading":[{"type":"Text","content":"DummyHeading"}],"content":[],"childParagraphs":[{"heading":[{"type":"Text","content":"When is it possible to end the lease early?"}],"content":[{"type":"Text","content":[[{"type":"Text","content":"A lease can be terminated before the end of the regular lease term under certain circumstances. "},{"type":"Bold","content":"While job loss, illness and bankruptcy or going out of business"},{"type":"Text","content":" of the company are not recognized reasons for terminating the lease, there are events that justify early termination."}]]},{"type":"Text","content":[[{"type":"Text","content":"A "},{"type":"Bold","content":"total loss, theft of the vehicle or the death"},{"type":"Text","content":" of the lessee can lead to early termination."}]]},{"type":"Text","content":[[{"type":"Text","content":"In the event of death, the leasing contract does not end automatically, but is often transferred to the heirs. However, relatives have the option of terminating the contract "},{"type":"Bold","content":"within one month"},{"type":"Text","content":" of the event, provided that a special right of termination in the event of the lessee's death has been contractually agreed."}]]},{"type":"Text","content":[[{"type":"Text","content":"A total loss is when the leased vehicle has been irreparably damaged in an accident. In this case, the "},{"type":"Bold","content":"repair costs must amount to more than 60 percent"},{"type":"Text","content":" of the replacement value. Under these circumstances, the lessee can terminate the contract prematurely, often without having to pay compensation."}]]},{"type":"Text","content":[[{"type":"Text","content":"Theft of the vehicle is also a reason for termination. In this case, both the lessor and the lessee are released from further obligations, provided that the necessary "},{"type":"Bold","content":"police and insurance steps"},{"type":"Text","content":" are taken."}]]}],"childParagraphs":[]}]},"button_label":null,"button_url":null,"previewHeight":400},"terminate-car-lease-early 1":{"name":"terminate-car-lease-early 1","description":{"heading":[{"type":"Text","content":"DummyHeading"}],"content":[],"childParagraphs":[{"heading":[{"type":"Text","content":"Costs and financial consequences of early termination"}],"content":[{"type":"Text","content":[[{"type":"Text","content":"Anyone wishing to terminate their leasing contract should be prepared to pay the leasing company's financial losses. The immediate costs include the termination fee, which is due when the contract is terminated. In addition, the "},{"type":"Bold","content":"outstanding leasing installments"},{"type":"Text","content":" that would have accrued up to the official end of the term must be paid."}]]},{"type":"Text","content":[[{"type":"Text","content":"The lessor has the option of having the "},{"type":"Bold","content":"reduction in value of the leased vehicle paid out"},{"type":"Text","content":", especially if the vehicle is damaged. If there is also a delay in payment, this can affect the total amount of the final payment, which also includes a redemption value. 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