What do banks calculate as net income?

hmm well I had calculated it back then and it wasn’t worth it. It may be that they have adjusted it now, but back then you had paid approximately the new price of the bike in leasing rates over three years, the subsidy you received from the employer would then also be compensated by fewer pension points and you would still have had to pay more than half of the new price for the purchase. The only thing that wasn’t bad was the comfort package with included maintenance costs. At that time I was driving 30km daily just to work and back so I went to my trusted bike mechanic every two months. But if you don’t have such wear and tear, or do everything on the bike yourself anyway, then it wasn’t worth it either.

hmm so I had calculated it back then and it wasn’t worth it. It might be that they have adjusted it now, but back then you paid roughly the new price of the bike in leasing installments over three years, what you received as a subsidy from the employer would then also be compensated by fewer pension points, and you would still have had to pay more than half of the new price for the buyout. The only thing that wasn’t bad was the comfort package with included maintenance costs. At that time I was driving 30km daily just to work and back, so I was at the bike mechanic I trusted every two months. But if you don’t have such wear and tear, or do everything on the bike yourself anyway, then it wasn’t worth it.

Well, the buyout after 3 years is supposed to be 10% of the new price. Although I have read that the tax office may possibly apply 40% as a monetary benefit. But whatever, theoretically you can also simply let it expire or take a new bike, although I actually want to keep it even if it somehow seems to be a lemon. I am already on the third motor; whether I would have been able to get it replaced so easily without the leasing I don’t know, but that doesn’t really have anything to do with the topic now.

Btw my financing has been settled since 2015 and I will have paid off my house in at most 9 years

Congratulations! Do you really have to write that now that you’re doing better? Are you really justifying yourself to strangers on the internet? Was that your flex? That’s bad for the spirit. And that wasn’t presumptuous, it’s just the way it is. You buy a bike for 750 euros, done. There’s no need to do some kind of leasing over years. It always surprises me what kind of business models leasing banks have to take money out of people’s pockets.

Congratulations! Do you really have to write that you feel better now? Are you actually justifying yourself to strangers on the internet? Was that your flex? That’s bad for the soul. And that wasn’t presumptuous, it’s just how it is. You buy a bike for 750 euros, period. You don’t need to do some leasing over years. I’m always surprised by the business models of leasing banks, trying to squeeze money out of people’s pockets.

Call it whatever you want. I actually just wanted to show that I’m not someone who has to lease a bike because I couldn’t afford it otherwise or have a mortgage that’s stretched to the limit. We hardly buy any unnecessary frills and, relative to the possible budget, have built very spartan and prefer to invite friends and relatives over for a barbecue without having to worry about whether we can actually afford it. You could easily have pumped 100K more into the house and financed it over 25 or 30 years, but if you can manage it in under 15 years and then 1. pay very little interest to the bank and 2. be free from rent or financing costs at 50, I find that very desirable. Plus, since the rates are reasonable, you can occasionally afford a new sofa or a new garden table in between without having to turn over every euro. And of course, I would also buy a bike for 750€ outright, I agree with you, that act would be too much for me. But there’s a lot in between 750€ and 12,000€, and I saw an advantage in buying out the bike after 3 years for 10%, and the colleagues who have already done that also benefited from it and were then able to sell it at a higher price or continue riding it cheaply.

Back to the actual topic… @TE: Reason for the question is/was?