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Privacy

We are aware of our responsibility in handling sensitive personal data. The personal data you provide during the application process will only be used to check your creditworthiness and to draw up your leasing contract.

Terms & conditions

A private customer has the possibility to withdraw from the leasing contract within 14 days after signing (after video identification).

Yes, the car can be purchased in principle. However, for this, please contact the support at LeaseTeq directly.

Modifications to the vehicle are permitted as follows:
  • The lessee is free to make changes to the vehicle with original manufacturer parts as long as the value is not affected;
  • Modifications with non-branded parts must be submitted in writing and approved by LeaseTeq (please contact our support team at support.at@leaseteq.com);
  • Modifications that affect the value or safety of the vehicle are not permitted.

Prior to returning the vehicle, the lessee shall, at lessor’s request, restore the vehicle to its original condition at lessee’s expense. In addition, the lessee shall be liable for any damage caused or incurred by modifications to or removal of the vehicle. In no case shall the lessor provide compensation for the equipment.

The lessee is responsible for the proper use of the car.

The use of the car is allowed only to the lessee, his family members and employees, if they have a valid driving license and assure the careful handling of the car.
The vehicle repossession can be transferred to a third party, with a signed power of attorney and copy of identification from the lessee.
The leasing application must be in the same name as the vehicle reservation and registration.
We offer terms from 36 to 60 months. It is not possible to change the term of the contract.

 

This would be considered export and is strictly prohibited. The vehicle must remain in Austria. Vacation trips abroad are of course permitted, provided that the insurance taken out grants full cover in the countries of travel.

If the lessee takes over the vehicle at the end of the lease, no additional kilometers will be charged. If the vehicle is returned at the end of the term or if the contract is terminated prematurely, additional kilometers will be charged.

Unless otherwise agreed in writing, the lessee must pay for repairs and maintenance work and in any case have them carried out by an authorized dealer.
Any accident (except for minor damage up to an amount of EUR 1.000,00) must be reported immediately to the responsible insurance company and the lessor using the “European accident report” form.

Payments

LeaseTeq offers attractive leasing rates. They are often on a par with brand-affiliated offers and below the level of brand-independent providers. We achieve this through a high level of digitalization and a very experienced team. The interest rate is precisely defined in each leasing contract. We cannot escape the developments of rising interest rates on the capital markets, but we will always act with great fairness.LeaseTeq offers attractive leasing rates. They are often on a par with brand-affiliated offers and below the level of brand-independent providers. We achieve this through a high level of digitalization and a very experienced team. The interest rate is precisely defined in each leasing contract. We cannot escape the developments of rising interest rates on the capital markets, but we will always act with great fairness.LeaseTeq offers attractive leasing rates. They are often on a par with brand-affiliated offers and below the level of brand-independent providers. We achieve this through a high level of digitalization and a very experienced team. The interest rate is precisely defined in each leasing contract. We cannot escape the developments of rising interest rates on the capital markets, but we will always act with great fairness.

LeaseTeq does not currently offer LSV. The customer can set up a standing order.

LeaseTeq is entitled to terminate the contract at any time without notice if the lessee fails to meet its contractual obligations, in particular in the event of late payment, improper handling of the vehicle, insufficient care or for good cause such as impending insolvency or insufficient insurance.

The opening of insolvency proceedings, the issuance of a debt settlement procedure and the lessee’s discontinuation of business activities result in the automatic termination of the contract. LeaseTeq is entitled to terminate the contract at any time without notice if the lessee fails to meet its contractual obligations, in particular in the event of late payment, improper handling of the vehicle, insufficient care or for good cause such as impending insolvency or insufficient insurance.

The opening of insolvency proceedings, the issuance of a debt settlement procedure and the lessee’s discontinuation of business activities result in the automatic termination of the contract. LeaseTeq is entitled to terminate the contract at any time without notice if the lessee fails to meet its contractual obligations, in particular in the event of late payment, improper handling of the vehicle, insufficient care or for good cause such as impending insolvency or insufficient insurance.

The opening of insolvency proceedings, the issuance of a debt settlement procedure and the lessee’s discontinuation of business activities result in the automatic termination of the contract.

Leasing application process

Our leasing application process is completely digital. The applicant goes through five steps, which help us to evaluate the creditworthiness. In cooperation with our renowned partners, we ensure eligibility for a loan and draw up the contracts for your leased vehicle. And all this in only about 15 minutes.

  1. Leasing details
    Here the applicant defines his leasing preferences, such as the amount of the down payment, residual value, etc.. This forms the basis for the tailor-made leasing offer.
  2. Personal details
    In this phase we need the applicant’s personal details in order to be able to issue the leasing contract accordingly.
  3. Income
    In order to carry out a meaningful credit check, we need information about your active and passive income.
  4. Expenses
    Identical to the income, we also need information about your personal expenses in order to evaluate your personal financial situation.
  5. Verification & identity check
    This step is necessary to correct any errors you may have made in the previous steps. We kindly ask you to check the information you have entered again and confirm that everything is correct.You will then be forwarded to our partner for identification of your identity.
  6. Confirmation of sending
    In this final step, we confirm receipt of the application and draw up your personal leasing contract.
Usually, the application process takes less than 15 minutes from start to approval. If the application process is started outside of regular business hours, the identification procedure, for example, must be completed later.
Of course, we try to complete the process as quickly as possible so that you can soon be driving your dream car. Additionally, you should consider the delivery times of the manufacturer. This can be several months for a newly ordered vehicle.

Of course, we try to complete the process as quickly as possible so that you can soon drive your dream car. However, you should take into account the manufacturer’s delivery times as this can take several months for a newly ordered car.

As a leasing provider, we need to verify your identity and determine your creditworthiness.
For identification purposes, it is necessary that you have a valid identification document (passport or ID card) on hand.
Please note that residence permit or driver’s license are not accepted as identification document.
To determine your creditworthiness, we may ask you for proof of your income, assets or company finances. Until we receive these documents, your contract will remain pending, as the documents form part of your leasing contract.

A test drive is possible for almost every car brand. This should be requested directly from a dealer or garage in the vicinity.

We are constantly expanding our offer and partner network. Currently we offer leasing for selected brands such as Tesla. All other brands and models can be requested from your dealer or garage, who will contact us.

LeaseTeq also offers used car leasing for selected brands.

About us

LeaseTeq is a fully regulated leasing provider. What started as a simple but agile leasing software has evolved into a multi-brand platform for private customers and companies in Europe. We offer smooth and comprehensive support throughout the whole leasing lifecycle.

We are LeaseTeq. Lease every car. Instantly. Digitally.

Leasing is an attractive way of financing vehicles. To ensure that the joy of owning a new vehicle starts early, we offer a simple, completely digital process.

This is structured in such a way that every customer can select the most suitable solution.

We’re happy to hear from you

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 LeaseTeq AG |

2021

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