Leasing and renting: similarities and differences
When you are looking for a car for a certain period of time, you will probably see both renting and leasing. It is often thought that there are major differences between leasing and renting, but in practice there are actually many similarities. Many people do not consider which is more advantageous: leasing or renting? And that is of course a shame, because in certain cases (short) leasing is cheaper. In this article we explain the similarities and differences. This way you can decide for yourself whether it is smarter to lease or rent.
What are the similarities between leasing and renting?
- The rental or lease car remains the property of the rental or lease company.
- You pay a certain amount to be able to use the car for a specific period.
- It's all inclusive. This means including insurance, motor vehicle tax and maintenance.
- The more luxurious the car, the more you pay per month.
What are the differences between leasing and renting?
The short answer: the price and the offer.
Car rental companies are often set up for short-term rentals. However, more and more car rental companies also see opportunities for 'long rentals'. They then offer a rental car for several weeks or even months. The prices are then often on the higher side and you drive older, used cars that have also been used for short-term rental. Renting is always referred to as renting a 'comparable model'. This means that in many cases you do not choose a vehicle, but a category.
Leasing is often referred to as the term short lease when it comes to renting with a period from 1 month. Shortlease is actually in between leasing and renting. In most cases it is cheaper than renting for a long time and more flexible than long lease contracts. In addition, you choose a specific car that you are going to short lease and not a category. The additional advantages are that a short-lease car feels more like your own car and that the car has had fewer owners than a rental car that is used daily for different purposes.
So if you are looking for a car for a few days, renting (or borrowing from someone else) is a good option. If you are looking for a car for one month or longer, it is wise to take a closer look at the possibilities of short lease.
The advantages of Shortleaseland
- Largest offer in the Netherlands
- Smooth acceptance
- Drive within 24 hours
- Delivery throughout the Netherlands