To lease or to buy your future car

What’s the wisest decision?

Do you want to drive the latest vehicles on the market? Not sure whether to lease or to buy? It all depends on your priorities. Before choosing which way to go, it’s important to understand the differences. After reading into this, leasing may be the best choice for your company or for private leasing.

Lease vs buy

To lease or to buy? We've put the benefits of both options in an overview for you. Discover what works best for your business.

Need more information? Contact us or browse our frequently asked questions.

The benefits of leasing with LeasePlan

Leasing means less hassle and more predictability.

  • No high purchase price
  • Fixed all inclusive monthly fee
  • No risks: maintenance and repair are included
  • Complete online overview with My LeasePlan

Buying a new car

Buying a car means there are some financial risks to keep in mind.

  • The car is yours
  • High car depreciation 1st year
  • High purchase price
  • Unpredictable monthly costs

Other reasons to lease a car

  1.  
    Leasing

    Predictable monthly cost
    With leasing, you don't own the car. You're just paying to use it for a fixed period. Your predictable monthly costs include taxes, insurance, repairs, maintenance and tyres. The only additional out-of-pocket cost? Petrol.

    Flexibility
    Leasing requires you to commit – with contracts ranging from 24 months to 5 years. But every time you renew, you can pick out the latest model. And because you don’t buy the car upfront, you can free up capital for other business needs.

    Convenience
    Leasing frees up time to focus on your core business. Once you sign the contract, all you need to worry about is paying a monthly fee. We’ll take care of the admin, maintenance and more. Plus share insights on how to make the most of your lease cars.

  2.  
    Buying

    Predictable monthly cost
    When you buy, you pay the initial cost of the vehicle. You’ll also need to budget for regular costs like insurance, taxes and annual maintenance. Plus cover irregular expenses like repairs, tyres, petrol and more. The good news? When you sell the car, the money is yours to keep.

    Flexibility
    Buying a company car or van means you can choose whatever you like! Make, model, colour or custom fittings – your budget is the only limit. You can also buy or sell whenever you like.

    Convenience
    When you own your cars, you can use them however you like. But you also need to make time for additional tasks. Like administration, reporting and making appointments for maintenance and repairs.

Calculate the costs

If you buy a car, you’ll certainly consider the basic costs. Like interest, value, insurance and taxes. But what about repairs, maintenance, tyres and other unexpected charges?

Leasing includes all that and more, for a fixed monthly fee. But don’t take our word for it! Compare the costs for yourself.

Ready to lease?

Discover the best lease deals for your leasing purpose

 

Business lease

Business lease is a cost-effective and hassle-free way to keep your business on the move in a brand new car of your drivers' choice.

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Private lease

Enjoy all the advantages of private lease such as; fixed monthly fee including maintenance and insurance. No risk, no hassle.

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Want to lease a van?

Configure your light commercial vehicle yourself, to fit the needs of your profession.

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Can't find what you're looking for?

Any questions? Our most frequently asked questions can be found on our customer service page. Here you can also find our contact details.

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