Unlike other forms of financing, renting is a type of rental that allows you to pay in installments for the purchase of a vehicle. With the added advantage of being based on use, not ownership. Therefore, at the end of the rental period, we do not acquire ownership, which is not advisable given that vehicles lose value and generate more expenses the older they are . For this reason, it is a widely used solution for financing the acquisition of vehicles .
Buy a car or choose renting?
In principle, renting, as a financing formula, can be applied to the acquisition of any fixed asset (machinery, furniture, etc.). After all, it is a lease, which allows the denmark whatsapp number data purchase price of any investment to be divided up.
But if renting has been successful as a way of financing the acquisition of vehicles , it is for several reasons, including the advantages in the purchase that vehicle rental companies acquire:
These companies buy in high volumes, so they can buy vehicles under better conditions .
For the same reasons as above, your registration and other procedures fees are lower.
They generate cost savings in maintenance, insurance and other expenses by managing many vehicles.
From an operational point of view, the greatest advantage of renting is undoubtedly always having the latest model and not having to pay for maintenance.
As with any form of financing, a solvency study is usually carried out similar to that which a bank would carry out, and the vehicle rental contract usually includes conditions relating to the make and model, duration of the lease, delivery period, rental price and payment method, etc.