To lease or to buy ?
Some tips to choose with ease
Looking for a new car, but without the hassle of actually owning one? Then private leasing might be right up your alley. It is a carefree package that gives you the opportunity of driving the newest vehicles on the market and enjoying all the benefits of owning your ideal car, with peace of mind. You can also chose to lease a carefully selected used car to a competitive price.
Not sure whether to buy or lease? Let’s compare both.
Lease vs. buy
- Financing
Private leasing No need to dip into your savings or to get a loan. You just pay a fixed monthly fee that includes taxes, insurance, roadside assistance, repairs, maintenance and tyres, replacement transport. You also have no risks with residual value and no unpredictable costs.
Buying You pay the high initial cost of the vehicle with savings or a loan. You will also need to budget for regular costs like insurance and assistance, taxes and annual maintenance. Plus cover irregular expenses like repairs, tyres and more. The good news? When you sell the car, the money is yours to keep.
- Maintenance and repairs
Private Leasing This is covered in your monthly fee. We take care of everything (administration, appointments, replacement car, ...)
Buying Repairs & maintenance costs are your responsibility. Plus, you need to make time for administration and appointments.
- Flexibility
Private leasing Leasing requires you to commit – with contracts ranging from 24 months to 5 years. You decide how much you expect to drive each year at the start of your contract. And every time you renew, you can pick out the latest model or chose one of our carefully selected used cars.
Buying Buying a car means you can choose make, model, colour or custom fittings – however you are limited to your budget. And remember, the more you drive the less your car will be worth when you sell it. Your car will depreciate in value a lot in the first year.
In a nutshell
Leasing your car with LeasePlan
Leasing means less hassle and more predictability.
Buying a new car
Buying a car means there are some financial risks to keep in mind.
Ready to lease?
Discover the best lease deals for your leasing purpose
A selection of our private lease cars
Want to know more? We’re here to help!
You can also contact us at privatelease@leaseplan.se