Lease or buy
What's best for you?
When it’s time to change car, should you buy or contract an operational leasing? Have you thought about that?
Buying a car is frequently the chosen option. But why is worth it? Not making the down payment? Always driving the latest model? Then you should consider operational leasing as a solution for you.
All benefits at a glance
Are you undecided about whether to rent an operational leasing or buy a car? We have listed the advantages for both options to help you. Find out the best options for you.
The benefits of leasing
Operational leasing means less work and more cost control and forecasting.
Buying a new car
Buying a car means there are some financial risks to keep in mind.
Operational Leasing
You don’t need to make a down payment and the fixed monthly rent includes costs such as insurance, services, tires or road assistance. The only extra cost is the fuel. Besides that, you benefit from the negotiating power of LeasePlan which, when negotiating bulk purchases with the car manufacturing makes, obtains economies of scale which result in more attractive monthly rents. With operational leasing, you don’t own the car. You are only paying to use it for a fixed period.Buying
When you buy a car, you must finance the purchase with your own funds, becoming the owner. Your budget must include the budget for regulars’ costs such as insurance, taxes and annual maintenance. Moreover, you’ll have to cover any unforeseeable expenses such as corrective maintenance, tires, fuel or any cost that may arise. When you sell the car, the money is yours.Operational Leasing
With operational leasing service you always have the flexibility to adjust the terms of your contract according to your requirements and, whenever you renew it, you can choose a new, more recent model. And it does not require any down payment or the settlement of the total amount of the car, you will not have to make a major initial effort, freeing up resources for other personal needs.Buying
Buying a car does not require any contract. And you have the flexibility to sell it whenever you want.Operational Leasing
Operational leasing releases you from any worries and allows you to spend your time doing what you like most! All you need to do is to pay the monthly fee and take the car for its scheduled maintenance when necessary.
LeasePlan carries out all operations related with cost management, informing you and guiding you in all matters pertaining to your car and your contract.Buying
When you own the car, you need time for additional tasks such as, for example, dealing with insurance, financing requirements, paying taxes or dealing with services and insurance.
It is a topic that raises many doubts. Therefore, we are here to help you to know the differences! Learn more about operational leasing or leasing.
You can buy it at the end of the contract at market value.
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