06-20-2018, 07:40 AM | #1 |
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Lease or rent the car ???
Hello
It’s my first post here so if I sound stupid,sorry ! So my question is whats the difference between leasing and renting ?? If I look at the officiall site from bmw it has the options to choose between leasing or renting and buying?? So can anyone tell me the differences please?? Thanks guys |
06-20-2018, 07:56 AM | #2 | |
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There is an accounting difference between the two: whereas renting is seen as a cost, and thus does not appear on your company's balance sheet, leasing does feature on that balance sheet (and is therefore an investment with a write-off, normally of 5 years). Additionally, the "residual-value" of the contract differs (at least 16% for renting, maximum of 15% for leasing). Leasing can also include a number of services (maintenance, tires, etc). With renting you're basically financing the car, without any services. Since your Belgian: https://www.kbc.be/ondernemen/nl/art...g-renting.html Last edited by Spare°; 06-20-2018 at 08:07 AM.. |
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06-20-2018, 08:13 AM | #3 | |
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So it will be better if i rent it it’s much cheaper... Thanks for the info |
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