Lease or buy?

What's best for your company?

At a glanceAll the benefits listed

The benefits of leasing

No surprises. Making your life easier.

  • Investment capacity for the benefit of your business is preserved
  • Flat-rate and linear rent, without any cash outlay
  • Tax deduction
  • New vehicles in perfect condition
  • No need to worry about maintenance or repairs
  • Flexible and all-inclusive contract

The disadvantages of buying

Don't forget this when you buy a new car.

  • High purchase price
  • Increases the burden on the balance sheet
  • Limits the ability to finance by immobilizing capital
  • Non-predictable monthly costs
  • Generate financial risks when the vehicle is resold
  • Complex administrative management by multiplying suppliers

An overview of all the benefits

Buying or leasing? See here the benefits and differences of the two options. Find out what is best for your company.

  1.  
    Price

    Leasing
    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.

    Buying
    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.

  1.  
    Flexibility

    Leasing
    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.

    Buying
    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.

  1.  
    Convenience

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

    Buying
    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.

Ready to lease?

Find the right business lease option to suit your needs

Discover our cars

Want to know more about it? We are here to help you!

Business Lease

Call number +352 40 44 11 1. From Monday until Friday between 8 a.m. and 6 p.m.

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