When you decide to buy a vehicle, you have to make a lump-sum payment or take out a loan for the cash you need. But there is more to it. The car you purchase comes with additional costs such as insurance, tax, maintenance, repair, and tire change. Moreover, the uncertainty of the second-hand sale value of your car will be a risk element for you.
If you go for a long-term car rental, on the other hand, the total cost will only be as much as the monthly rent. What's more, you will both be protected against the risk of the uncertainty of the second-hand sale value of your car and effortlessly carry out all the procedures from the purchase to the second-hand sale of your car. When you also consider the cost-effective additional services you will receive within the scope of leasing, long-term car rental will be a more advantageous solution for you in comparison to purchasing.
Easy Vehicle Renewal
In the case of vehicle renewal, you don't have to deal with the sale procedures and will have full protection against the risk of resale value change.
Fixed Monthly Payments
If you rent your vehicle instead of buying it, you don't have to make any down payment and suffer a lump sum cash outflow for expenses related to purchase-sale procedures. You will just pay pre-determined fixed rents.
Motor Own Damage, Insurance, and Motor Vehicles Tax Payments
Rental vehicles' motor own damage, traffic insurance, and motor vehicles tax expenditures are included in the leasing agreement, and these are all paid by us in a timely manner. Motor Vehicles Tax that you have to pay when you buy a car and that, as per the applicable law, is not deductible from the tax payable by your company will no longer be an extra burden on your company if you rent your vehicles from us.
When you buy a car, VAT is a cost item to be considered and cannot be deducted from the VAT payable by your company. In the case of renting, on the other hand, the VAT on the invoice is completely deductible.
Powerful Balance Sheet
Renting cars contributes positively to the outlook of your balance sheet. Unlike purchasing vehicles with a bank loan, monthly rent amounts that are included in the payment scheme of your company and are not due yet are not recorded under the financial liabilities section on your balance sheet and do not negatively impact your borrowing capacity.
Do not lose time trying to meet your vehicle needs and manage your fleet. Fleet leasing saves you a lot of time and supports your concentration and focus on your main line of business.