Leasing services are the provision of cars, special equipment and other movable equipment for rent with the possibility of redemption in full ownership after the expiration of the contract. In other words, selling a car on lease is not much different from a loan, but the conditions are more favorable.
How to buy a car on lease?
Arrange leasing passenger cars can be both legal entities and individuals. This type of financial lease is beneficial for businesses and private owners. You do not have to borrow money or withdraw it from circulation, look for guarantors or pledge property.
To purchase a vehicle on lease, you need to follow a simple scheme:
1. Decide on the model of the car.
2. Choose a leasing company (it can be a specialized organization or a bank).
3. Sign the papers and conclude a deal under which the leasing company is authorized to purchase the specified car from the dealer and lease it to the user.
4. Make an advance payment (usually it is 10% of the initial cost of the car).
5. Get insurance.
6. Disposes of the property, monthly paying the contributions agreed in advance.
7. Redeem the vehicle at the end of the contract (you can lease a car for a period of 1 to 5 years, after which the user receives the right to fully buy it out by transferring the remaining amount of funds to the financial institution).
To conclude a deal on the purchase of a car on lease, the terms of which must be clearly regulated, you must have the following documents with you:
1. For individuals: passport, income statement.
2. For legal entities: a notarized copy of the charter, a copy of the regulation on the appointment of executives, a card with sample signatures of executives, copies financial documents confirming solvency.
How to buy a truck on lease?
Services for the rental of special equipment and trucks are widespread. Such auto-leasing is beneficial for individuals in the same way as for legal entities. This form of financing does not become a heavy burden, so you can easily purchase a truck on favorable conditions by opening your own business or replenishing an existing fleet.
Advantages of leasing:
- - opportunity early redemption;
- – there are no repair costs (they are borne by the owner company);
- – cheaper cost of insurance;
- - no attachment to the region;
- – the transaction is executed without collateral and guarantors;
- - the opportunity to receive a discount from the seller of equipment;
- - the available amount of the first installment.
For legal entities, the benefits are much greater. Payments for a new or used car on lease are included in gross expenses. In some cases, you can make a deal without a down payment, an increase in the cost of a car (adjustment for inflation can also be zero).
Such programs are no different from buying in installments, since the final cost of a truck is absolutely no different from its price from the manufacturer. Such transactions are executed in order to attract new customers and more active sales of equipment.
You should always carefully read the terms of the contract and carefully choose a financial company that provides a car for leasing, reviews of which can always be read online. It does not fit to consult an experienced lawyer who will check the terms of the transaction.
Car leasing in Moscow
You can buy a car on lease in St. Petersburg or Moscow at standard conditions.
A lease with a subsequent option to buy usually provides for:
- - rights and obligations of the parties;
- - the amount of the first installment (at least 10% of the cost of the car);
- – the duration of the transaction (from 12 to 37 months);
- - the amount of monthly payments and the percentage increase in the price;
- – conditions for the purchase of vehicles (how to buy a car after leasing);
- - Liability of the parties in case of violation of the terms of the contract.
Typically, the transaction is processed no more than 2 business days. You can apply in advance, as many organizations provide such a service online. There are many companies in Moscow offering leasing, from banks to specialized financial institutions.
We must not forget that it is impossible to conclude a deal without fulfilling required condition for insurance. At the same time, it does not matter for what purposes a car is leased for a taxi, replenishment of the fleet or for private purposes.
It is necessary to issue OSAGO and DGO. The main plus is that the insurance period is distributed over the entire period of the lease.
Car leasing in Belarus
You can buy a car on lease in Minsk, Gomel and other cities of Belarus on the same favorable terms. The financial market in the country is actively developing, so such operations are becoming more and more popular.
Fixed capital investment of this kind has become more convenient. In Belarus, you can rent with subsequent purchase not only cars, but also trucks, special equipment and even real estate.
Mobile companies are opening that offer favorable conditions. Transactions are executed in the shortest possible time with the presentation of the most necessary documents.
At the same time, applications can be submitted online, questionnaires are filled in the same way. The client comes to the office only to sign papers and to transfer the amount of the first installment. Banks and specialized financial organizations also offer to take a car on lease for individual entrepreneurs.
It is more profitable to cooperate with the latter, as narrowly focused companies adapt to the desires and capabilities of customers. The terms of the transaction here are usually more favorable, and the amount of the contribution here is an order of magnitude smaller.
The only difference between the conclusion of the contract is that the advance payment at the minimum level is not 10, but 15% of the cost of transport. This figure can increase up to 25% depending on the specifics of the transaction.
In any case, it is still beneficial for both businesses and individuals. Many companies offer better payment terms as they try to increase vehicle sales. State policy in this direction does not interfere with doing business.
Car leasing in Kyiv
Buying a car on lease in Ukraine is also available to legal and individuals. More and more people choose this form of financial cooperation, because it is profitable and convenient.
You do not have to borrow money, look for guarantors or risk your own property. You can purchase the desired transport by favorable price no extra hassle.
Do not forget that the leasing company registers the car itself, thanks to which its customers incur less waste. All payment of state duties is also carried out by the owner of the vehicle.
Until the equipment has become the property of the client, it Maintenance and repairs are carried out by the leasing company. The lessee gets rid of a lot of hassle associated with document flow and transactions with various organizations.
Watch the video: Technologies for business. Leasing. Installment car
There are several types of leasing:
1. Financial. Is a long term rental with the right to buy the car in full at the end of the lease term. The quarterly depreciation of the object is 10%. Until redemption, the transport is on the balance sheet of the leasing company.
2. Operational. Long-term lease that does not provide for the right to buy a car. Transport is also on the balance sheet of the leasing company and cannot become the property of the client.
This type of service is beneficial in that the tax rates for the tenant are reduced, the accounting documentation related to the operation and registration of the car is maintained by the leasing company.
You can buy a car on lease in Dnepropetrovsk, Kharkov or Chernivtsi on the same conditions. The same rules and regulations apply throughout the country.
The terms of the deal concluded in Ukraine practically do not differ from similar agreements signed in Russia or Belarus. The only possible difference is the amount of the down payment, the monthly payments and the premium.
Typically, the annual rate under a leasing agreement is from 12 to 15%. In any case, this is much less than under the loan agreement. You do not have to overpay huge amounts, and in the case of new opportunities, the lessee can buy a car ahead of time agreed at the time of signing the papers.
At the same time, he does not lose anything, but only completes the transaction ahead of schedule. That is why more and more entrepreneurs and ordinary citizens choose this method of purchasing vehicles.
More recently, only a legal entity had the right to lease a car. But the laws have changed, and now the service is available to everyone. About what is car leasing for individuals, as well as the most detailed information You can read about the procedure for drawing up a contract in this article. Here are all the pros and cons regarding this procedure.
Car leasing
The concept of "leasing" came into use relatively recently. And in Russia, most of the population is just beginning to learn about him. Many confuse it with a loan or a lease and want to know what car leasing for individuals is. Although it is close to the above concepts, its essence lies elsewhere. talking in simple words, this is a combination of two ways to purchase a car: rent and purchase. By concluding a car leasing contract for an individual, you thereby undertake to pay a certain amount every month. And at the end of the contract you get the opportunity to purchase a car in the property. Such a service is used by those citizens who, due to circumstances, are not able to purchase a car immediately, but do not want to take a loan.
There is also a more formal definition of leasing in Federal Law No. 194, according to which leasing is nothing more than an agreement between the lessor and any citizen. The leasing company takes ownership of the car you like and leases it to you. With one caveat - at the end you can redeem it.
Although the system of acquiring a car on lease appeared back in the 70s, in Russia it is just beginning to develop. According to statistics, in Europe, 30 percent of cars purchased were purchased with the help of leasing companies. Our compatriots distrust a foreign word, and the regulatory system at the legislative level is not so well developed.
What is car leasing for individuals?
More and more people are becoming aware that this type of service is more profitable than the same loans. After all, when there is no opportunity to purchase a car right away, many people know only one way out - to contact the bank for the required amount at extortionate interest. The concept of leasing is more known and widespread in Europe, but companies providing such services have recently begun to appear on the territory of Russia.
There are two types of car leasing for individuals:
- After the end of the contract, the car becomes the property. Such leasing is called financial leasing with full payback. The contract usually contains the following conditions: the company providing the service undertakes to buy the car from a third party and lease it to the recipient of the service. The recipient is required to pay full cost car before the end of the contract. The amount is usually calculated from the price of the car and depreciation costs.
- The car remains the property of the lessor. In this case, the vehicle is not redeemed by the leasing recipient, but remains the property of the company.
Thus, car leasing for individuals is a compromise solution for those who do not want to take a loan or installment plan from a bank. The multitude of payment options and their flexible schedules make it easy for just about anyone to choose any car, get in and go. The main thing is not to forget that in case of default, the contract can be terminated and the car returned.
Leasing conditions for a car for individuals
As with the conclusion of any contract, all participants must comply with a number of requirements. The conditions for leasing a car for individuals are as follows:
- A mandatory document is a certificate of the ability to pay a monthly payment. For these purposes, an extract from the place of work in the format of 2NDFL is suitable.
- A citizen seeking to conclude an agreement with a leasing company must be of age and capable.
- Insurance is also a mandatory element of the contract. As a rule, this is OSAGO, which must be issued every year. Thus, the rental company seeks to protect itself from causing harm to the car, because there are many accidents on the roads.
Getting a loan from a bank is now quite problematic. The number of borrowers is increasing, and the percentage is growing along with them. Leasing can be used by those who for some reason could not get a loan for a new car. Bad credit history, age, lack of savings are often the reasons for refusing a loan, but not leasing. It is also useful because you do not purchase a car, that is, it is not indicated as a property, which greatly simplifies the life of many people.
Difference between leasing and loan/rent
After the question of what leasing is, another one follows - how does it differ from a loan or a lease? If you enter into a car rental agreement, it does not become your property at the end of the agreement. Yes, as a result, payments are less, but this option is only good as a temporary measure. In addition, when renting a car, you are responsible for maintaining, repairing and insuring the car. Leasing involves the transfer of all these concerns to the company that owns the car. This does not mean that they will pay for OSAGO from their wallet, but the payments will be included in the total amount and stretched over time, so they will not be so noticeable.
Leasing a car to an individual is much easier than taking a loan. The differences between these types of purchases are small, but still there. Taking a loan from a bank, you immediately get a car in the property. But with leasing, you can register the property for yourself only at the end. For some this is a plus, for others a minus. But consumers are most interested in the final difference in the final purchase price. For maximum benefit, it makes sense to choose a premium class car. For budget models leasing will most likely not make sense. For more full understanding Let's give an example of the benefits of leasing in comparison with a loan.
Taking a car worth about 1,200,000 rubles from a bank with a minimum interest rate, you make a down payment of 240,000 rubles. In this scenario, the monthly payment will be 47,000 rubles, and the overpayment will be 162,000 rubles. In addition, you will immediately have to pay for expensive insurance and maintenance yourself. If you are leasing a car of the same value, your monthly installment will be 42,000 rubles. At first glance, not much less, but in the end you can save more than 120,000 rubles. And it is perfectly logical that, than less cost car, the smaller the benefit. After learning about what car leasing for individuals is, many decide to opt for a long-term lease rather than a loan.
Step-by-step instruction
How to lease a car to individuals? This procedure practically no different from buying on credit. First you need to choose a car. At present, residents of large cities have big choice leasing companies. Some work with major suppliers, others are engaged in used cars - you just have to choose the right car.
After choosing a company and a car, the turn comes to signing a car leasing agreement with an individual. You need to familiarize yourself with it in advance and clarify all incomprehensible points. As a rule, the contract for the provision of leasing services is tripartite. By agreement of the parties, you will have to pay a fixed amount for a period of 6 to 60 months. The first payment (advance) is usually the largest. During the entire rental period, the buyer undertakes to properly care for the car. A necessary element is also OSAGO insurance, which protects all parties from unforeseen losses in case of damage to the car.
Used cars
A truck can be leased for individuals in the same way as a passenger car. Used cars are especially in high demand. Is it realistic to lease such a car, because the risks are much higher here?
The procedure for acquiring a used car on lease differs little from the standard one. Most likely, you will be offered to choose a car in a proven salon, where all cars are serviced and pre-sale preparation. It makes sense to take a car that has been in use for no more than 10 years. Individual entrepreneurs take advantage of this opportunity and quite often purchase on lease freight transport for the needs of the enterprise. If you also want to buy a used car, we advise you to pay attention to some details:
- Choose quality salon with good reviews.
- Check the VIN code of the car, which will show specifications cars and accidents.
- Legally draw up all the details of the purchase agreement.
After completing all the points, you can be sure that your car will not let you down. Buying a used car on lease can be more profitable than buying new car on credit.
Advantages of leasing
What is the convenience of leasing? Why is more and more more people runs to him? The advantages of car leasing for individuals include:
- More convenient payment schedule. Unlike fixed loan payments, a leasing company can choose a more convenient schedule and amount. The lease period is 1-5 years, but can be extended by agreement. Leasing companies provide an opportunity to make the first payment (advance) in an increased amount, or make it equal to the rest of the installments.
- To conclude a contract, you need fewer documents: you will not need to run for months trying to collect all the necessary certificates.
- You yourself determine whether to make a down payment or not, and how much it will be.
- You do not need a guarantor and collateral.
- The application will most likely be considered very quickly.
- Leasing is convenient for individuals who work in the service industry.
- You can choose several leasing options: both with the transfer of ownership and without.
- Leasing a car is tax-free, unlike acquiring a car as property.
Cons of leasing
Leasing is very convenient for buyers. It saves not only money, but also time. But leasing a car for individuals also has disadvantages:
- It is profitable to take leasing for cars only over 1 million rubles.
- The buyer does not have the right to dispose of the car as his property: rent it, sell it.
- Until the final buyback, the car remains the property of the company.
- In case of non-compliance with the terms of the contract - delay in payments, damage to property - the car will be seized.
Is leasing a car profitable? The answer to this question can only be given by carefully examining each specific case. If you are going to enter into a car leasing agreement with the transfer of ownership, after the expiration of the agreement, you will be able to sell it and minimize the cost of use.
Where to apply for car leasing?
Choosing a leasing company is very milestone. What criteria should be followed in this case?
There are many car leasing companies for individuals in Minsk. The choice is great. Here are some of them:
- "Infoleasing": Mayakovsky street, 176;
- "AutoTradeLeasing": Nemiga street 3, office. 405;
- "Activeleasing": Logoisk tract, 22A;
- "IdeaBank": Z. Byaduli street, 11;
- "Leasing construction vehicles": Tashkent street 6A.
All of them receive exclusively positive reviews. You should choose a car leasing company for individuals in Minsk in the same way as in other cities. Most importantly, choose a firm that you can trust.
Results
When you want to lease a car to an individual, you need to decide on the purpose of the purchase. If you are buying budget car or if you want it to be your property, it is better to take it on credit. If you choose a car worth more than a million rubles in order to maintain status, then it is better to turn to the services of leasing companies. When purchasing a truck, due to its high cost, the services of such a company may also be needed. Are you used to changing your car every 5 years? Most likely, it does not make sense to acquire a car as a property - and leasing can help out here. In other cases, you need to carefully weigh all the pros and cons before entering into a car rental agreement with a subsequent purchase.
Purchasing a new car is a responsible decision that must be approached by carefully weighing the pros and cons of one or another payment option. The sale of a car can be carried out for cash and non-cash funds, according to different conditions auto loans or long-term leases with a subsequent buyout.
Of course, not every company in Moscow is able to release enough own funds that can be directed to the purchase of transport. Therefore, the use of borrowed funds is becoming more and more popular.
Leasing services are very attractive for company owners who purchase cars for their employees. After all, for many companies - this is an opportunity to expand the fleet without a down payment and on favorable terms.
Benefits of car leasing
For many organizations, leasing is an attractive opportunity to purchase a new car. Firstly, it is not required to immediately pay the full cost, which reduces the overall costs of the enterprise, freeing up working capital. Secondly, building a convenient payment schedule allows you to take into account the peculiarities of the company's financial flows. And thirdly, the presence of tax benefits is pleasantly pleasing: payments for leasing agreement are transferred to the cost of production, so there is no need to take them into account when paying income tax.
The indisputable advantage of purchasing a car under a leasing agreement is that you start using it right away! In addition, at the end of the contract, the car can be redeemed for a small residual value or transfer it for sale, with the transfer of the amount received as an advance for new transport under the following contract.
Among other advantages, it is worth highlighting the absence of additional collateral obligations, since a car purchased under a leasing agreement is already a transaction security. And the use of the accelerated depreciation rate gives the company the opportunity to recover investment costs in an accelerated time frame.
Sale of leasing cars
How to buy a car on lease for individuals? What are the pros and cons of car leasing? What is more profitable for an entrepreneur: leasing or a loan?
Greetings readers of the HeatherBober business magazine! Eduard Stembolsky is with you!
Today we will talk about car leasing for individuals - in other words, for private buyers.
We will tell you how car leasing differs from a car loan for specific example and we will carry out an approximate calculation of the transaction.
The material will be useful to everyone who is going to buy a car, but does not know how to do it in the most profitable way.
So let's go!
1. What is car leasing for individuals - general overview, relevance, types of leasing
Until recently, the only methods of acquiring a car were buying (one-time or in installments) and renting. IN last years a fundamentally new financial instrument is gaining popularity, which partly combines the above methods, but in general is an independent option for buying a car.
We are talking about leasing - long-term ownership of vehicles with the possibility of its full redemption at the end of the transaction. It is the latter circumstance (the ability to take ownership of the leased asset) that is hallmark leasing.
The similarity with the lease is that until the end of the contract, the car continues to be someone else's property that cannot be sold, donated, transferred to a third party. At the same time, the recipient takes care of the safety of the car, obtaining an OSAGO insurance policy, seasonal change tires, fuel costs, regular inspections.
Unlike a purchase, when the entire amount is transferred to the seller immediately after the transaction, leasing is subject to monthly deductions, as when purchasing on credit. The difference between a loan and leasing is that in the first case, the recipient immediately becomes the owner of the vehicle, in the second he can become such only after the expiration of the transaction.
Conditions for acquiring a car on lease for individuals often more profitable than a loan and rent, but not all citizens who want to buy a car choose this financial instrument.
On domestic market leasing is not yet widespread, as, for example, in European countries, but in recent years the situation has changed.
Types of leasing
There are two types of auto leasing:
- With the obligatory transfer of transport to the property.
- No transfer of ownership.
In the first case, the recipient redeems the car in personal possession after the expiration of the contract. Monthly payment with car leasing it is less than with a car loan, but the total cost of a car is approximately the same.
In the second option, the recipient returns the car to the leasing company or supplier at the end of the contract. This method is suitable for people who purchase status cars for temporary use.
Car owners can change the car after 2-3 years of operation for more modern model and at the same time not to think about selling used vehicles. In fact, leasing without transfer of ownership is a type of long-term lease.
2. Pros and cons of leasing - which is more profitable: a car loan or leasing
Individuals who purchase a car on lease are not subject to such stringent requirements as when applying for a car loan. However fundamental difference in that the owner of the car until the end of the transaction remains the company, and not the lessee.
This fact confuses many car owners, because under the terms of the contract, the company can regain ownership at any time. This may occur as a result of late payments or other unforeseen circumstances.
True, with a car loan, the car is also not 100% property of the client, but acts as collateral until the final payment under the contract.
In general, lease payments are usually less than car loan payments. The reason is that they are calculated taking into account the residual value that is paid by the recipient at the end of the contractual period.
The size of payments is also affected by the advance amount that the recipient pays. In other words, in leasing, the acquirer often pays more at the end and at the beginning of the term, but less each month. The term of a leasing transaction is usually from 1 to 5 years.
The main advantages of buying on lease:
- payment schedule is more flexible and variable;
- Simplified contract execution procedure (fewer documents);
- a short period of consideration of the application (in comparison with an application for a loan);
- there is no need to make a deposit and look for a guarantor;
- the recipient has two options - to take the car into ownership or return the company;
- low (compared to a car loan) monthly payments.
This financial tool frees car owners from a lot of trouble and saves their time. For business people (individual entrepreneurs) saving time is an important advantage.
Car leasing also has disadvantages:
- the car remains the property of the company throughout the duration of the transaction (the slightest problems with payments from the recipient or financial difficulties from the lessor - and the car will be seized from the client);
- individuals do not have any tax preferences (benefits) for car leasing;
- the recipient does not have the right to sublease the car.
It is also worth noting here that our separate publication is devoted to.
The financial aspect of the issue depends on the specific terms of the contract and the type of leasing transaction. Experts do not give an unambiguous answer to the question of what is more profitable - car leasing or a loan, and advise proceeding from the recipient's initial goals.
General conclusion
Leasing is definitely more profitable if the recipient intends to return the car after the end of the contract.
This option along the way relieves the car owner of the headache about selling a used car.
The table below is intended to help you understand the difference between leasing and car loans.
| № | Comparison criteria | car loan | Car leasing |
| 1 | Property | New or used cars | Only new cars usually foreign made |
| 2 | Financing term (in months) | 12-60 | 12-36 |
| 3 | Prepaid expense | Mandatory, at least 15% | At the discretion of the company - from 0% to 49 |
| 4 | Package of documents | Full (some organizations offer a simplified procedure, but in this case, the costs of the recipient increase) | Passport, driving license |
| 5 | Car insurance | Mandatory OSAGO, CASCO insurance | Compulsory OSAGO, CASCO insurance is optional, but its absence leads to an increase in the cost of the contract. |
| 6 | Ownership | Immediately becomes the property of the client, but is pledged until the end of payments | Company property (customer receives temporary use right) |
| 7 | Processing speed | Standard | High (in some companies decisions are made within 1 day) |
| 8 | Restrictions | No | Departure of a car abroad only with the permission of the company |
| 9 | Additional services | Absent | Some contracts include annual inspections, seasonal tire service, payment of transport tax |
| 10 | Withdrawal | Through the court in case of delay | By decision of the company without the involvement of judicial authorities |
And now - a specific example.
Example
As a subject of leasing, consider Toyota car Corolla worth 690,000 rubles. The calculation was made by representatives of the leasing organization with average conditions for leasing and credit transactions.
If we take into account all the costs of credit and leasing payments (monthly fees, down payment, interest rate, insurance), then leasing has an obvious advantage. The monthly payment for car leasing is 38% less.
This is a significant amount, but there is one caveat. Such an attractive payment scheme is offered by lessors only if the contract provides for the return of property at the end of its useful life. Usually it is 36 months (3 years) from the date of the transaction.
Thus, leasing will be beneficial for those who take a car for temporary (albeit quite long-term) use. If you want to buy a car forever, then a leasing scheme with a subsequent purchase will be less economical than a car loan.
The total result of the experts' calculations: 826,000 rubles. for a car loan versus 1,033,400 for car leasing.
When choosing between a loan and leasing, you should clearly understand your needs. If your goal is a status car that you want to update regularly for more new modification, That financial lease without ransom is the perfect option for you.
If you need a reliable iron Horse» for many years, then a more expedient acquisition scheme is a loan.
However, in various companies different conditions contracts. Some firms promote their leasing products with maximum benefit for the user, but the downside is that such organizations do not work in all regions of the Russian Federation.
A few words about why car leasing is not as popular in the Russian Federation as it is in Europe and the States. The difference in the psychology of motorists. Our citizens think something like this: "when leasing a car - in someone else's property, if anything, they will take it away, and my money cried."
Credit is perceived as an investment in personal property and is therefore closer. In the West, the attitude towards cars and investments is more pragmatic. The level of financial literacy of citizens is also higher.
3. How to buy a car for leasing to an individual entrepreneur - step by step instructions
The general scheme is simple. You want to buy a car. There is no money for a one-time purchase. You decide to lease a car, apply to a leasing company. There you explain what car you want to buy and submit an application.
A minimum package of documents is required. The company considers the application, you draw up a contract, the car goes into temporary use.
A few years ago, the law provided for the purchase of cars on lease for commercial use only. For this reason, mainly freight transport, trucks, special equipment, buses were taken on lease.
Leasing programs are currently operating for individual entrepreneurs and individuals who purchase cars on a long-term lease with the right to repurchase them later.
Step 1. Choosing a car
Leasing is provided for new cars, as a rule, popular brand with a lifetime manufacturer's warranty.
The recipient has the opportunity to choose the most actual models modern cars– Opel, Kia, Nissan, BMW, Audi, mercedes benz. Some companies work only with certain manufacturers (suppliers) of cars.
Step 2. Choosing a company and studying the terms of leasing
The modern financial market is represented by hundreds of leasing companies, many of which provide services to individuals - private entrepreneurs and ordinary citizens.
When choosing a partner, you should pay attention to the following factors:
- the company's time on the market;
- the financial condition of the company;
- the scale of the organization;
- company reputation;
- user reviews on the Internet, the media;
- restrictions on clients and leasing objects.
For recipient the most important criterion is the cost of the company's services ( interest rate). It is not always possible to figure out the real price of car leasing (for example, some clients miss such factors as “price appreciation”, “residual value”).
The ideal option is to seek advice from a specialist in financial instruments. It is better to spend money on professional advice, but save money on choosing the most profitable leasing company for you.
Step 3. Document preparation
In almost all leasing companies, the requirements for the documents of the recipient are standard.
The client is required to:
- Leasing application.
- Passport.
- Rights (driver's license).
- A document confirming the amount of income.
- A copy of the work book.
The registration process itself is usually not difficult, since neither a pledge nor a guarantor is needed. The application can be submitted by persons over the age of 18.
Step 4. Car leasing insurance
Car leasing insurance is a mandatory stage of the transaction. OSAGO insurance is needed for the entire term of the contract, but it is better to insure the car annually, receiving discounts for re-executing the transaction. In addition, this way you can find an insurer with more favorable conditions.
CASCO insurance is carried out by mutual agreement between the recipient and the lessor. Costs can be reduced by excluding unlikely events from the list of risks and refusing additional services.
Step 5. Conclusion of a leasing agreement
The contract is signed with the consent of both parties with the terms of car leasing. According to the agreement, the client receives a car for temporary use and undertakes to pay a certain amount to the company on a monthly basis.
The recipient also pays an advance (initial payment), if such is provided for by the terms of the transaction. After that, the client can use the machine for his own purposes, but undertakes to monitor the condition of the transport, undergo regular technical inspection and ensure optimal storage conditions.
You can download a sample contract or just see what it looks like.
4. Overview of large car leasing companies for individuals - TOP-7 popular in Russia
Leasing services are provided by an increasing number of financial institutions. Almost all major banking companies have subsidiaries that deal exclusively with leasing. All of them work with legal entities, but not all - with individuals.
By the way, there is a separate article on our website -. We recommend that you familiarize yourself with it if you want to lease a car as a legal entity.
If it is not possible to purchase a car in ownership for cash, the buyer can use several options. This is a regular consumer loan, car loan or leasing. If the first two options have already become widespread, then leasing remains an obscure deal for many, and not everyone knows whether it is profitable or not. What are the conditions for leasing a car?
What is leasing? Differences from a loan
Car leasing: what is it, how to get it? Leasing programs now offered by many companies, but they are more often used by organizations than individuals. This type of purchase came from developed Western countries, where it has long been widespread. In fact, leasing is the receipt of a car for rent with subsequent redemption. What fundamental differences from car loans?
- If a person takes a loan and buys a car, then the car becomes his property from the first day: you need to pay for it transport tax, the buyer assumes all liability for insurance, maintenance, repairs, etc. If he gets into an accident, then he will have to resolve issues with insurers on his own, in addition, the bank may come up with its own requirements. Leasing is just getting a car for rent, that is, the tenant is not the owner.
- When obtaining a lease, the tenant can try one or another model in the management. If you do not like it, then you can safely refuse to rent, and this will not have any consequences for the client. It is more than problematic to refuse a credit car, since you will have to negotiate with both the salon and the bank.
- The leasing company must itself resolve all issues with maintenance and current repair. The task of the tenant is to follow the rules of use and drive carefully on the roads avoiding accidents. The lessor himself determines at which service station to carry out maintenance of the subject of the contract.
- Leasing is often the only option for those who, due to bad credit history, cannot get a car loan. This is very important, because leasing companies credit histories are not checked and often do not ask questions about the solvency of the tenant. If he stops paying contributions, the contract will simply be terminated, and the car will automatically return to its rightful owners.
There are many advantages, but it is necessary to take into account very important point A: The leasing company will be considered the owner of the car until the very last payment.
That is, if you have a few months left before the end of the term, and you cannot pay the remaining contributions, then the car will be taken away from you, and no one will compensate for the funds already paid.
This is the main disadvantage, compared with a loan: loan car can be returned to the bank only by a court decision.
Leasing programs are often the only way out for start-up entrepreneurs: a loan cannot be obtained until the company has gained sufficient experience of successful work, that is, loans are practically not issued to start a business.
Leasing is still the least risky form of providing goods in installments, so lessors can meet you halfway.
How to draw up a lease agreement?
How to buy a car on lease? To take a car in installments with the right to repurchase, the client has to perform a number of simple operations:
- Choosing a leasing company and program. Both the requirements for tenants and the conditions for providing a car may differ: some companies require an introductory advance - an analogue of the down payment when buying on credit, some offer cars with a significant overpayment. There is also leasing with practically no rise in price, that is, the sum of all payments will eventually be equal to the cost of the car in the car dealership. This has become possible because leasing companies purchase cars in bulk from manufacturers at significant discounts.
- Selection desired vehicle and conclusion of a contract. This is the most important part of the transaction, as the contract defines the liability of the parties and property relations for the entire leasing period. The contract must specify the conditions for the final buyout: it can be an automatic transition vehicle to the property after the end of payments or a symbolic final installment of a fixed amount. A separate sale and purchase agreement is rarely drawn up.
- After signing the contract, the client makes an advance payment and receives a power of attorney to use the machine. He is obliged to strictly comply with all the rules specified in the contract: undergo maintenance on time, change parts, etc. The issue of insurance is solved in different ways: in rare cases, the lessor takes care of CASCO and OSAGO, more often this responsibility is shifted to the client. However, upon occurrence insured event deal with the insurance company will still be the owner.
How to find out if the car lease has expired or not? At the end of the rental period, the client can clarify the amount of the last installment, make it, and then pick up the Title and other documents for the car.
Tax benefits of leasing
Leasing is beneficial for companies, primarily due to tax benefits. Since the car does not become the property, then you do not have to pay transport tax for it. since it is most often about a powerful trucks This allows companies to save a significant amount every year.
When receiving a car on lease, you do not have to pay any commissions, as when obtaining a bank loan. Size rent payment almost equal to the loan fee, so you won’t be able to save on this side.
However, even if you lease a car without an advance payment, this will not greatly affect the amount of the rent.
Thus, leasing is another financial instrument for purchasing vehicles. It can be used by both individuals and legal entities, however, so far this operation is more common among enterprises.
