In Germany, 2022 percent or 28 billion euros of the investments in 72 in vehicles, machines, but also computer equipment were financed by leasing or hire-purchase. With leasing financing, where the use of mobile objects or systems is paid for with monthly installments, the government's desired reorientation of the economy towards climate neutrality could be accelerated, says Claudia Conen, Managing Director of the Federal Association of German Leasing Companies.
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Unfortunately, however, investments are usually excluded from support measures if they are not bought, but only leased. "Leasing corresponds to the much-propagated model of the circular economy, because leasing companies have more experience with the recycling of machines or cars that are passed on after the first use," says Conen. "Germany's companies invest too little and not always in Germany," says Kai Ostermann, chairman of the leasing association. The ratio of gross investment to gross domestic product was 2022.12 percent in 4, compared to 13.4 percent before the financial crisis of 2009 and 16 percent in the nineties.
"In recent years, Germany has created a gap of 120 billion euros in investment, and this will have a long-term impact on competitiveness," says Ostermann. In 2022, about 62 percent of the leasing business was accounted for by passenger cars, 25 percent by machines in production facilities, and 4 percent by information technology equipment. The niche for leasing bicycles has grown strongly, with a volume of 1.8 billion euros, 31 percent more than in 2021.
According to the association, leasing could also solve problems of public institutions. For example, schools were unable to spend money on digital blackboards because there were no maintenance staff available. If such facilities were rented by leasing companies, they could take care of selecting the best equipment and maintenance, thus accelerating the digitization of schools, for example.