History

Wherewecomefrom

Some 40 years ago in 1962, Deutsche Leasing GmbH was entered in the commercial register in Düsseldorf. Shortly after, the two other predecessors of Deutsche Leasing were formed: Maschinen Miete GmbH and Mietdienst GmbH. In 1971, all three companies merged into Deutsche Leasing.


Deutsche Leasing is today the largest manufacturer-independent leasing company in Germany. Furthermore, we have expanded our operations in the course of development of the European single market to the foreign countries of Europe. We want to become one of the three major market leaders in Europe offering object-related services covering every aspect of mobile capital goods.

The history of Deutsche Leasing has many highlights. We have listed some of the important milestones in our corporate history.


The development of the leasing market

The first leasing objects of Deutsche Leasing – and therefore the first leasable capital goods in Germany – were Firma Sweda cash registers from 1962. Since then, the leasing market has developed dramatically: today it is a dynamic growth market. Leasing is gaining in importance as a financing alternative: a study in 2002 commissioned by the Federal Association of German Leasing Companies from an independent market research institute concluded that leasing has meanwhile replaced credit as the most important instrument of external financing. 45 per cent of the decision-makers interviewed stated that they would primarily consider leasing when financing a vehicle or machine over 25,000 Euros in value. Credit was second at 29 per cent.


An overview of the most important results:

  • About 50 % of all externally financed investments are today handled through leasing.
  • The volume of leasing i.e. the percentage of leasing investments in macroeconomic investments excluding house building in Germany is about 17 %.
  • In the case of movable leasing, the 20 % mark was already exceeded in 2001.
  • Trade accounts for a substantial leasing volume at approx. 35 %.
  • The leasing volume in new vehicle registrations is over 30 %. In terms of value, the percentage of leasing in vehicle investments as a whole has risen to almost 53 %. This means that leasing has meanwhile become the preferred form of procurement in vehicle investments.
  • The leasing volume for EDP, telephone systems and other office equipment is about 25 %.