Car leasing: purchase, tax and fittings, all the answers to your questions

In the case of leasing, the collateral of the lessor, e.g., Banca Ifis, is based on the ownership of the asset, which, in the event of litigation, can be recovered and placed back on the market.

Consequently, without ownership of the vehicle on which the fittings are placed, it becomes difficult (if not sometimes impossible) to recover them; therefore, both warranty and fungibility are lost; as a result, this type of asset is not considered financeable through leasing.

The diametrically opposite case is when the customer wants to install their own accessories on a leased asset; in this case, any improvements made become an integral part of the vehicle and, in the event of recovery by the lessor, are considered part of it and included in the resale.