Leasing for individuals: how does it work
Private lease: your dream car on a lease
Enjoy the unbridled pleasure of driving with a private lease in Luxembourg. For a fixed monthly lease payment, you can drive a new car of your choice with all services included.
Private Lease special offer for a limited time only!
From 31 May to 30 June 2022, BGL BNP Paribas and Arval Luxembourg are giving you the chance to hit the road in an electric vehicle at a special discount.
Find out about our exclusive offer:
Electric Fiat 500 from EUR 9 per day(1)
All services included(3), monthly lease payment of: EUR 273.90
It’s easy to keep your budget under control!
And for just EUR 1 more per day(1), enjoy the electric Fiat 500 Cabrio electric for an even greater driving experience!
Monthly lease payment of: EUR 304.30
Private Lease: current offers
Fiat 500E Cabrio ICON 42kWh
from EUR 9 (incl. tax) per day(1)
monthly lease payment of: EUR 273,90, incl.tax, over 60 months(2)(3)
Lease over 60 months - 10.000km/year(4)
Metallic paint included (choice of colours)
118 hp,
electric: WLTP range of up to 320 km,
3 doors, 4 seats,
automatic,
16-inch alloy wheels,
Comfort Seats Pack (including: central armrest, 50/50 split-folding rear seats, central console with closing storage space, 6-way adjustable driver seat, type A and type C central console USB ports);
Eye Park Pack Icon (including: hands-free access and start-up, exterior mirrors – electrically adjustable and heated), rearview parking camera);
10.25” Navigation system with Bluetooth and DAB – Apple Carplay/Android Auto,
Air conditioning, etc..
Fiat 500E Cabrio ICON 42kWh
from EUR 10 (incl. tax) per day(1)
monthly lease payment of: EUR 304,30, incl.tax, over 60 months(2)(3)
Lease over 60 months - 10.000km/year(4)
Metallic paint included (choice of colours)
118 hp,
electric: WLTP range of up to 320 km,
3 doors, 4 seats,
automatic,
16-inch alloy wheels,
Comfort Seats Pack (including: central armrest, 50/50 split-folding rear seats, central console with closing storage space, 6-way adjustable driver seat, type A and type C central console USB ports);
Eye Park Pack Icon (including: hands-free access and start-up, exterior mirrors – electrically adjustable and heated), rearview parking camera);
10.25” Navigation system with Bluetooth and DAB – Apple Carplay/Android Auto,
Air conditioning, etc..
Everything is covered with a private lease
Drive an all-inclusive car(3)(5)
Discover our catalogue of vehicles available for lease by private individuals
Discover our selection of vehicles in our online catalogue, including certain examples of cars and rates (non-exhaustive catalogue).
Stress-free driving with a private lease
Do you want to manage your budget, save time and drive with complete peace of mind?
Discover the benefits of a private lease:
- new vehicle: drive the vehicle of your choice (make, model, colour, options, etc.);
- fixed monthly all-inclusive lease including a range of services: upkeep, maintenance, insurance, 24-hour breakdown assistance, replacement vehicle, etc.(3)(5);
- term, mileage(4): you can adjust the term and mileage of your lease;
- single point of contact: Arval Luxembourg, a leading BNP Paribas Group company specialising in long-term leases;
- simplicity: at the end of the lease, you return your vehicle without having to worry about any formalities or resale, and can choose a new vehicle.
It’s simple, convenient, and has no hidden surprises(2)!
Find out about Private Lease and its benefits in this video
Interested in Private Leasing?
You can contact our advisors between 8.00am and 6.00pm, Monday to Friday, on (+352) 42 42-2000.
Frequently asked questions about Private Lease, car leasing for individuals
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Who is the Private Lease offering aimed at?Private Lease is designed for Luxembourg residents.
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What type of car can I rent?
You can rent any new car purchased from a Luxembourg dealer with the exception of Renault group cars, luxury cars and vehicles weighing more than 3.5 tonnes authorised on Luxembourg roads.
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What services are included in my leasing agreement?
Arval Luxembourg offers all-inclusive car lease agreements (excluding fuel) with monthly lease payments covering:
- Use of the vehicle,
- Upkeep and maintenance: regular servicing, mandatory roadworthiness tests, tyre changes (depending on the estimated mileage), replacement of defective parts,
- International insurance and assistance: insurance, material damage cover, 24-hour breakdown service and towing throughout Europe, driver and passenger repatriation, replacement vehicle,
- Taxes: registration, tax disk.
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How are the monthly lease payments calculated for my car?
Determined in advance, monthly lease payments (60 months maximum) are calculated based on the vehicle’s purchase price and include the car’s residual value, the contract term, mileage and operational services.
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Is it possible to terminate my contract early?
Yes. Early termination fees will be charged depending on the number of days prior to contractual termination. The agreement can also be transferred to a third party under certain conditions.
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Do I have to cancel the insurance on my old car?
Yes. Insurance is included in our long-term lease offer. You can transfer your old no-claims bonus to your Private Lease agreement. Once your previous insurance has been cancelled, simply send your certificate to Arval Luxembourg, which will transfer your no-claims bonus to your car rental.
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Can I deduct the cost of my car in my tax return?
Arval Luxembourg remains the car’s legal owner, and no tax benefit is therefore possible under the Private Lease agreement. If you wish to take out a long-term lease as a self-employed or freelance professional, you must refer to the legal and tax framework governing your profession.
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What happens if I exceed my contractual mileage?
During the term of the agreement, it’s possible to change the term and mileage (subject to the maximum authorised term and mileage limits for the vehicle in question) up to three months before the vehicle is returned.
The monthly rent is then adjusted. It’s important to estimate your mileage carefully when the agreement is signed. In the event of any excess mileage consumption, an amendment to the agreement will be suggested taking into account a new lease payment and a new mileage allowance.
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What happens if I haven’t accumulated the mileage set out in the agreement?
Any remaining mileage will be reimbursed.
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Is it possible to buy the car at the end of the agreement?
Private Lease agreements do not provide the option of buying the car when the lease ends. The vehicle remains the property of the lessor, Arval Luxembourg, which is responsible for selling the car on the second-hand market when the agreement expires.
However, if at the end of the lease you wish to purchase the vehicle, Arval Luxembourg may sell it to you at the market price.
(1)Private Lease is a product offered by Arval Luxembourg S.A., 2 rue Bové L-1253 Luxembourg, RC B57655, in its capacity as lessor, in conjunction with BGL BNP Paribas S.A. Offer only valid from 31/05/2022 to 30/06/2022 inclusive, while stocks last, and only applies to private clients of BGL BNP Paribas S.A. living in the Grand Duchy of Luxembourg. This advertising catalogue does not constitute an offer. A lease agreement is dependent upon your application being analysed by BGL BNP Paribas S.A. and approved by Arval Luxembourg S.A., and will always be subject to Arval Luxembourg S.A.’s General Terms and Conditions for Private Leases. The lease payment is invoiced monthly. The calculation of the daily lease price is as follows:
5 years: 1,826 days (4 x 365 days + 366 days for leap year)
1,826 days / 60 months = 30,43 days/month
(monthly lease price)/30,43 days per month = daily lease price
example for the electric Fiat 500:
EUR 273.90 (monthly lease price)/30.43 days per month = EUR 9.00
example for Fiat 500 electric cabrio:
EUR 304.30 (monthly lease price)/30.43 days per month = EUR 10.00
Equipment and delivery times for vehicles depend on availability at the manufacturer and/or importer and the configuration selected.
Photographs of vehicles are for illustration only and may differ from the vehicle offered. Arval Luxembourg S.A. cannot be held responsible for the inaccuracy of the information contained in this document.
Responsible publisher: BGL BNP PARIBAS S.A. – 50, avenue J.F. Kennedy – L-2951 Luxembourg – R.C.S. Luxembourg: B 6481
(2)Offer subject to conditions and approval of your application by BGL BNP Paribas and Arval Luxembourg S.A., exclusive to residents of the Grand Duchy of Luxembourg.
(3)Monthly lease prices are indicative only and subject to (i) tax status, the residual value of the vehicle as determined by the lessor, the interest rate, the book value of the vehicle, and the options, configuration and equipment selected; (ii) adjustments to the configuration and equipment. The monthly lease payment shown (including VAT) depends on the agreed term and mileage. The monthly lease payment includes: maintenance, repairs, changing and storage of summer and winter tyres depending on wear, road tax, depreciation and interest, VAT, Europe-wide assistance, a courtesy car of a lower category for any downtime longer than 24 hours, the Perfecta service (cover provided by Arval Luxembourg S.A. for the risk of damage, total write-off or theft) with application of an excess payable by the lessee under certain conditions, and insurance(third-party insurance, legal protection and driver injury insurance).
Not included in the monthly lease payment: fuel, electricity and driving fines. The CO2 rates are also indicative and depend on the options chosen and/or the data provided by the manufacturer. At the end of the agreement, the kilometres will be invoiced at the price indicated in the lease agreement. If the lease agreement is terminated early, a termination fee will be charged. There is no purchase option.
(4)Other terms and mileage possible with adjustment to lease payment. On request.
(5)**Insurance is included in the price of the lease when taken out with Arval Luxembourg SA. However, such insurance can also be taken out with the insurer of your choice. Third-party insurance is mandatory. Other types of insurance are optional.
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