Types of Leasing
Business & Personal Car Leasing Options
The various types of leasing are:-
- Business Car Leasing
- Personal Car Leasing
- Short Term Rental
- Daily Rental
The main difference between Car Leasing and Car Rental is the length of time you keep the vehicle. A typical Car Leasing contract is for 2-5 years a Short Term Rental contract is for 1-12 months. As the name suggests, Daily Rental is measured in days rather than months.
Business Car Leasing
Leasing company cars or vans is a cost effective and tax efficient way for the businesses of today to acquire their company fleet of vehicles.
Personal Car Leasing
If you are a private individual looking to lease a car for personal use Personal Leasing is for you. Also this is an option if you have opted out of your company car scheme and are given a mileage allowance by your employer.
Short Term/Daily Rental
If you need a vehicle on a temporary or short term basis this is ideal for you.