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.

Reasons to lease a car

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
  • Full insurance coverage
  • 24/7 driver care
  • No risks: Full maintenance, repairs and road assistance included
  • Fixed all-inclusive monthly fee
  • Flexibility with contracts from 36 to 60 months
  • A new car on every lease period
  • 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
  • No monthly lease payments
  • Profits from car sales are yours to keep
  • High car depreciation 1st year
  • High purchase price
  • Unpredictable monthly costs

Lease or buy

  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 or your daily routine. Once you sign the contract, all you need to worry about is paying a monthly lease. 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

 

Special Deals

Whether you are a private individual, a freelancer, medium-sized company or a multinational with a large fleet, business lease is a cost-effective and hassle-free way to keep your business on the move in a brand-new car of your choice.

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Start electric

Want to transition to a more sustainable fleet? Well done! Our EV Special Deals help you transform your fleet to electric while enjoying LeasePlan services.

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Want to lease an LCV?

Choose the light commercial vehicle that fits the needs of your profession and explore LCV leasing by LeasePlan benefits.

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Want to know more? We’re here to help!

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