Leasing is one of the most beneficial forms of financing for entrepreneurs. What is leasing? It is a form of long-term rental, under strict conditions. The lessor, being the holder of a tangible good, agrees to put it at the disposal of the lessee. In exchange for the monthly rent, which he undertakes to pay him.
So how is leasing different from credit? First of all, the lessor remains its owner throughout the entire useful life of the item. Only at the end of the leasing contract, the customer can buy the equipment at a previously agreed price.
What things should you pay attention to when choosing a leasing company?
First of all, on the interest rate and fees table. Let’s remember that each activity performed by the lessor involves a fee. This applies both to the lessee’s consent to choose his own insurance, as well as the transfer of his data to the police if the car he uses is caught by a speed camera. With our little help, you will be able to choose the lease best for you.
Is every leasing offer just as beneficial?
Not necessarily. And it is not quite as many entrepreneurs believe that the most important feature of leasing is the low-interest rate. It is only one of many costs that occur when leasing. In addition, attention should be paid to such details as the possibility of using the promotional price for the insurance package offered by the leasing company, as well as whether there are additional fees for various types of activities – issuing a permit to leave the car in the country, adding another user, or finally the fee for transferring insurance to another company.
This is all very important and translates directly into the costs we will pay for your car leasing. The presence of such a large number of companies on the market that offer such leasing certainly does not make it easier to make the final decision. We want to help you find the best option for you by presenting the most important information that you should pay attention to. We are convinced that thanks to them you will be able to consciously select the leasing that will be most beneficial for you.
Does car leasing allow you to use any vehicle of your choice?
Yes, and this is the greatest benefit we can receive. Leasing means that we can have premium cars in our company, for which you do not have to pay in advance with cash in advance or cover the additional costs of the loan. Instead, leasing allows us to include the use of a car in the cost of our business, which translates into a lower income tax. At the same time, we gain the opportunity to change the car more frequently than it would have been with a car taken out of credit.
So if you want to apply for a car loan, you’ll need to prepare some important documents about your business. First of all, you will need to provide all your registration details. Additionally, you may be asked to provide the amounts of income, profit and expenses for the previous billing period. You will be notified during the submission of the application of all the conditions necessary to obtain a lease.