Pros and cons of leasing for individuals. Loan versus leasing - we consider on a specific example which is more profitable

06.04.2019

Transmission

Car leasing for legal entities: conditions, design tips, step-by-step instruction- we tried to collect for you the maximum amount of information, the use of which will help you understand the features of leasing and correctly evaluate all its features and nuances.

Many legal entities renovate the fleet on the basis of the use of leasing services. It has significant differences from lending and actually allows you to quickly get desired cars that will expand the business. The leasing service in our country has recently acquired significant points of relevance. It is considered relatively new, however, there is already a fairly significant number of companies that are able to provide services to both legal entities and individuals.

This unique tool assumes that you sign an agreement with a lessor company, receive a car and subsequently pay a kind of lease. During the specified period, a lease is formed, after which you can make a redemption. There is a mass different options leasing. And if you want to get a car or specialized equipment without an initial, significant investment, then leasing will help you in this situation. You can purchase new cars through such a program. It is possible to purchase variants of the supported format.

However, among legal entities, the service that involves the purchase of buses, trucks or specialized equipment has the most significant aspects of relevance. As you understand, when opening or starting new branch companies are extremely difficult to find additional funds to complete the process of purchasing everything you need at once. The most rational solution in such a situation would be leasing.

What is leasing

Leasing is a structure of the investment plan, which is aimed at carrying out the procedure for transferring property to persons, according to the lease structure, with the possibility of subsequent redemption of this property. In other words, a long-term lease, at the end of which it is possible to redeem the rented car for personal ownership.

There are three parties involved in the transaction:

A specialized company that provides a service and purchases cars at its own expense;
Recipient - in our case, a legal entity;
Supplier - a seller, a company that carries out production, sales, intermediary services.

In certain transactions, there is a need for the participation of a fourth party, which performs property insurance activities.

Modern leasing companies provide several various options operations:

With the possibility of redemption;
With the return of property;
Long-term rental option with maintenance;
Other program options.

The most significant parameters of relevance are used by the rental option with technical support. Since such services allow you to get the prospect of true savings. Leasing organizations focus on programs with the subsequent purchase of a car.

Program Features

Leasing with the option to buy. Structure this option is based on the fact that an agreement is signed, according to which, the recipient company, within a specified period, makes certain payments such as rent. At the end of the contract, the process of paying the full amount begins - the cost of the car, which subsequently allows the recipient of the lease to become the owner;
Leasing with return of property. Such agreements are rarely signed by leasing companies. The bottom line is that a lease is formed over a clearly defined period of time, taking into account established rules use. During the entire time, the recipient independently performs maintenance of the technical plan. At the end of the term, the car is returned to the representative company;
Serviced leasing. This option is not often provided, however, it exists, and is especially actively used in the field of specialized equipment, buses and trucks. The bottom line is to provide equipment on special rental conditions, the recipient pays the rental amount every month, during the entire rental period, the lessor independently performs the maintenance process from a technical position. Further, there are two options - the repurchase of the car by the lessee company, or the return of the equipment to the lessor.

Advantages and disadvantages

Among the advantages, it is necessary to highlight the following nuances:

Pretty quick deal. In essence, the recipient does not need to provide a bond and wait a significant amount of time for a decision on the application;
Obtaining tax benefits. We will immediately say that the tax of the added plan in such a situation is fully refunded;
Depreciation accelerated type. For cars in leasing companies, there is a system of accelerated depreciation, which in the future can significantly reduce the tax on profits;
Payments are made on a flexible schedule, which allows you to get the prospect of additional benefits in case of negative business development;
The absence of restrictions on models, year of manufacture and form of transport is formed. That is, unlike the banking system, the leasing system provides an opportunity to purchase any car according to your needs and wishes.

Flaws:

The main number of programs from leasing companies based on the need to carry out redemption in the future;
Programs that provide additional maintenance of the technical plan, as a rule, have rather high rental cost parameters.

Accordingly, leasing has more advantages than disadvantages, therefore, if you need to purchase cars or specialized equipment on credit, be sure to pay attention to this opportunity.

Step by step design guide

Step 1: Choosing a company. It is very important to remember that all data on the work of the company should be studied by you in great detail. There are leasing companies, the terms of cooperation with which have high parameters for depreciation rates, as well as for rent. There are those that are able to provide you with a wide range of products and loyal conditions. You need to study, compare, analyze and make the right choice based on your needs and capabilities;
Step 2: We collect documents;
Step 3: Signing the contract. Before signing a document, carefully study all its conditions, and most importantly, evaluate its advantages and prospects for yourself. If there are any unclear points, contact a lawyer for advice;
Step 4: Making a contribution. The first deduction is made at the stage of signing the contract. After that, the check is provided as a copy as an additional document to the application;
Step 5: Getting the car. Additional documents on acceptance are signed, the final conclusion of the transaction is made. After that, you must comply with the conditions described in the contract.

In addition to loans, there is also such an affordable banking instrument as leasing. It is especially common in cars. Leasing skillfully combines such functions as buying and renting. Let's take a closer look at what it is and what are the pros and cons of this tool.

What it is

Leasing as such is the rental of movable or immovable property with the possibility of redemption or the step-by-step acquisition of this property. In other words, a person or company can use either the equipment, building and other property for some time, paying certain money, and as a result it becomes the property of this person or organization.

Car leasing dates back to 1954. But until now, many people have the question of how it differs from a loan or a lease. A loan is a transfer by a financial institution of goods in installments for a certain percentage with an obligation from the credited to pay the cost on time without delay.

Lease is the temporary use of goods or property, where it is necessary to pay a monthly rent and, as a result of use, return or hand over the goods to the lessor. A financial lease sort of a hybrid of these two forms.

At the same time, several parties interact here at once: the buyer, the seller and the supplier.

How does it work

The scheme for obtaining a car for financial lease is approximately as follows:

The person or organization (customer) selects the machine that meets the requirements;
The leasing company buys this car, concluding an agreement with a car dealership, and transfers the transport to the customer;
At the first stage, the customer has the following obligations: payment of the obligatory notary registration of the sale and purchase agreement, transfer of the down payment for transport;
The following obligations fall on the leasing company: incurring financial costs for maintaining the car during operation, insurance, passing technical inspection, paying transport taxes and fees for registering vehicles with the traffic police;
All these responsibilities are transferred to the customer only when he has completely redeemed the vehicle.

If a person or company fails to pay monthly payments, the vehicle becomes the property of the leasing company.

Pros and cons of car leasing

There are many reasons why car leasing can be more profitable than car loans. At the same time, there are benefits for ordinary citizens, and for individual entrepreneurs, and for large organizations.

Let us consider in more detail what are the benefits, and possibly negative sides have leasing for each group.

For individuals

The positives include:

When concluding a contract, there are no hidden fees;
All emerging issues with insured events are decided by the leasing company, and not by the owner of the car;
The initial stage for the end user of a car is less painful regarding financial issues. For example, a person pays only for the services of a notary for the certification of a lease agreement;
The end user does not pay Maintenance cars until the moment of its full redemption;
At the time of full payment, the value of the machine may decrease significantly, in connection with which the end user can buy it back for less money.

However, there may be negative sides:

For individuals interest rates are too high for car loans;
Pretty high down payment
The financial burden increases due to the shorter term of the leasing agreement: no more than five years;
Due to the fact that in fact the car is owned by a leasing company, an individual may suffer losses if it is ruined. Apart from lost car, the end user loses and cash paid for the car.

For LLC

It is much easier for large companies that have existed on the financial market for a long time to do business with both partners and credit institutions.

But what about just start-ups? For example, not all banks want to cooperate with young companies. And what to do if for such an organization you need to purchase a car, and required amount No? Leasing companies can help. There are pros and cons to working with them. .

Consider the pros:

The lease agreement can be drawn up on the financial preferences of the organization. That is, both parties stipulate the conditions under which the amount can be reduced or the terms of payments changed;
The debt to the leasing company can be repaid both in installments and in equal amounts. At the same time, there is the possibility of early repayment without commissions and fines;
Financial lease takes into account the depreciation of the purchased car, which allows you to reduce its value when repaying the debt;
LLC can insure the car and in the event of a breakdown it will receive insurance funds for repairs;
If the business is built on car ownership, then with the help of leasing you can significantly expand it;
For LLC, many leasing companies work without a down payment, which allows you to purchase a car without spending money.

But despite such a vast number of advantages, there are also disadvantages:

High tax;
A small number of leasing companies are ready to work with "young" companies.

For IP

For individual entrepreneurs, car leasing is practically no different from the conditions that campaigns offer to large organizations.

The only and important condition is the provision of reports for the past period and fully collected and prepared accounting documentation.

Positive aspects of leasing for individual entrepreneurs:

An opportunity for a small organization to expand its activities by investing minimal amounts;
Simplicity and speed of registration;
Lack of guarantors and collateral;
If there are financial difficulties, the leasing company may revise the payment schedule;
Substantial savings. It is much easier for individual entrepreneurs to keep this type of expenses on the balance sheet.

The disadvantages include the following:

Mandatory first installment;
Compulsory insurance of a car received on a financial lease;
Ownership of an individual entrepreneur arises only when the debt to the leasing company is fully repaid.

Video: Firsthand

Kinds

Leasing instrument can be divided into four components:

Financial. The most common type of leasing. There are three parties involved: the buyer, the seller and the supplier. The leasing organization purchases the machine from the supplier and transfers it to the end user. After the expiration of the contract, the car becomes the property of the end user;
Operating. This type is not common in our country and leasing companies are reluctant to work with this form. The essence of such leasing is that at the end of the leasing agreement, the car is returned to the leasing company
Returnable. IN this case supplier and end user are one person. Here the company sells the existing car to a leasing company, and then takes it on a financial lease. In this case, all the advantages of this form of lease and tax benefits can be used, as well as the money received from the sale can be put into the company's turnover;
International. In this case, one of the parties is a non-resident of the Russian Federation, and otherwise the schemes are similar to financial leasing.

Why is it popular

Why has leasing become such a popular tool both among legal entities and ordinary citizens?

There are several reasons:

A car is a commodity that is used by everyone without exception;
Car leasing is profitable and less risky as a type of deal;
Developed secondary market buying and selling a car;
The car must always be registered after purchase with the traffic police, so if it is lost or stolen, the vehicle is easy to find;
A low percentage of delays in payments, since few people want to say goodbye to their pet;
Extensive range of auto leasing programs.

How to buy a car for a sole trader

For individual entrepreneurs, the leasing program will look like something between a loan and a lease.

Giving preference to leasing, an individual entrepreneur receives, firstly, a simple and quick registration, and secondly, low requirements for the solvency of the end user, since the car will be purchased by the leasing organization and until the person pays off the debt for the car, it belongs to the organization.

Thus, the acquiring company can provide its services even to newly baked entrepreneurs.

Vehicle selection

First you need to decide for what purposes the car is needed: for personal use, for company personnel, or it will be special equipment for business development: a truck, tractor, excavator, etc.

Now almost all leasing organizations are ready to provide cars for financial lease, since this is a product that, if the end user is unable to pay the payments, can be resold in the secondary market.

Choosing a company and studying the conditions

Finding and choosing a company that will provide a car for rent is not difficult. The question will be who to trust.

If a reliable and honest partner is successfully found, you should pay attention to the conditions for leasing a car. The expediency and economic benefit of the transaction will depend on a thorough study of the conditions of the company.

What conditions to pay attention to:

Interest rate of the leasing organization;
Amount of monthly payments;
Detailed payment schedule;
The amount of the first installment.

Most importantly, what distinguishes leasing from other banking products is that the end user can choose the most suitable option for him and draw up an agreement with benefit for himself.

Preparation of documents

Those who have superficially dealt with leasing can say that the process of preparing documents is endless. But it's not.

To lease a car, an entrepreneur needs to prepare the following package of documents:

Application for leasing;
Passport of the Russian Federation and its copy, TIN, certificate of registration;
Accounting documentation for the last six months of the activity of the IP;
At the discretion of the leasing company - information about accounts payable.

It is worth saying that this list is very rarely requested by organizations or banks. Mostly require the first two.

Insurance

Insurance is an obligatory stage of the transaction. All motorists know that OSAGO is necessary for any transport that is purchased for long-term use, and CASCO can be purchased by mutual agreement of the parties.

Lawyers advise to insure the car not for the entire term of the leasing agreement, but to renew it annually. With this step, you can receive discounts as a regular customer or even change the insurance company with the most favorable conditions.

Conclusion of an agreement

With a positive decision of the commission of the leasing organization, two documents are signed: a purchase and sale agreement and a leasing agreement. These documents describe the rights and obligations of the end user, the supplier and the purchasing company.

Overview of conditions for large companies and banks

Consider the basic conditions of the most well-known organizations and banks offering leasing services.

Name	Type of transport for leasing	Timing	Possibility of down payment
Baltic Leasing	· A car; · Special equipment; · Freight car; used car.	One to five years	Up to 10% of the cost
Binbank	· passenger cars; special equipment for construction; · Trucks.	Up to 3 years	From 20% of the cost
Rosprombank	· A car; · Special equipment; · Freight car.	1-5 years	20-30% of the cost
VTB Leasing	Any type of transport, including ships and aircraft.	11 months - 5 years	From 10% of the cost
TransFin M	Any type of transport.	Up to 5 years	From 10% of the cost
Alpha leasing	A car	Up to 4 years	From 5% of the cost
Sberbank leasing	· A car; · commercial vehicle; · Freight transport; · Special equipment.	Up to 3 years	Minimum 300 thousand.

What is more profitable car loan or leasing

Having considered the nuances of obtaining a car on lease, the pros and cons of which are indicated above, one may wonder what is more profitable loan or this form of lease:

There are three parties involved in a leasing contract: the buyer, the supplier and the end user. Therefore, there are two documents to be signed;
There are no additional commissions for individual entrepreneurs during leasing, and when applying for a loan, a fee of up to 2% may be charged for servicing a credit account;
In leasing, the term of the contract can be up to five years, while in car loans maximum term only 3 years old.

Picked out a new car for my wife. Faced with a dilemma - whether leasing, or a loan. It turned out that with a loan, I have to pay big money for this car per month and the bank announced huge interest for the year. On lease monthly payment almost 2.5 times less and less problems. So we settled on leasing.
Leasing a good thing for commercial organizations. Interest is less, taxes can be taken into account as an expense item, and the attitude of leasing companies is more loyal than that of banks. Therefore, for owners of IP or LLC, leasing is better.

So, knowing now what such a car leasing is, both individuals and legal entities can safely weigh all the pros and cons and make a decision to buy a car. In any case, this is a fairly profitable financial instrument in any circumstances.

At 47% Russian families have a car. According to a VTsIOM survey, this figure has grown by 10% over eight years. In 2006, only 37% of respondents had a car in their family.

According to the Automakers Committee of the Association of European Businesses (AEB), almost three million new cars were sold in Russia in 2013. In 2014, sales decreased by 8%, but there is still demand.

Plans to purchase a four-wheeled iron horse» students (23%) and housewives (25%) build more often than others. No wonder that every second new car in Russia is purchased on credit.

The popularity of car loans is explained by the fact that it is difficult to save up and buy a car for cash. But there is another financial instrument that makes the dream of a car come true. This is leasing.

Car leasing is a popular way of purchasing a car in the USA and Europe. There, up to 30% of cars bought by private individuals are leased. In Russia, this figure is negligible. Why?

Let's analyze the mechanisms of car loans and car leasing, weigh their pros and cons and try to understand what is still more profitable.

car loan

A car loan is an interest-bearing loan issued by a bank or other credit institution to an individual for the purchase of a car.

This is a popular type of consumer lending. Peculiarities:

This is a targeted loan: money can only be spent on buying a car.
This is a secured loan: the car remains pledged to the bank until the loan is repaid.

Legal regulation of car loans is carried out Civil Code(Chapter 42), the Law "On Banks and Banking Activities" (dated December 2, 1990), the Law "On Consumer Credit (Loan)" (dated December 21, 2013) and other regulatory acts.

Types of car loans

There are various loan programs for buying a car:

"Classic" (More details below);
Express loan: simplified procedure, but high interest rates;
Loan with buyback (BuyBack): part of the loan is “frozen” and paid at the end of the term of the contract either by the borrower or by the car dealer, provided that the proceeds are credited for the purchase of a new car;
Trade-in: exchange of an old car for a new one with a surcharge. The cost of a used car is offset by the cost of a new one;
Factoring (interest-free loan): 50% of the cost of the car is paid, the rest is paid in installments;
Loan with no down payment: when lending from a car dealer, the absence of a down payment can be a bonus.

In addition, we can talk about loans for used cars and loans without insurance as separate areas.

Car loan mechanism

Most often they resort to classic car loans. Let's take a look at his diagram.

You want to buy a car. There is no money for a new "iron friend". You go to a bank or a mortgage broker.

A loan broker is a commercial organization that acts as an intermediary between a borrower and a lender (a bank or a car dealer). Assists in the approval and processing of a car loan.

Car dealers can also act as lenders. They provide loans from their own funds or cooperate with banks.

You choose a bank (or a car dealer), study the terms of credit. Having decided, fill out the questionnaire and collect documents. The bank needs to make sure that you can repay the loan (solvency) and that you have no other debts (credit history). For several days, the bank thinks whether to issue a loan or not.

If the decision is positive, the bank and the borrower (now you) enter into an agreement. It specifies the term, interest, down payment, rights, obligations and responsibilities of the parties.

All the hassle of car registration falls on your shoulders. Also, most often the loan agreement provides for insurance at the expense of the borrower. And not only OSAGO, but also CASCO.

You are a happy car enthusiast! The main thing is to carefully repay the debt and do not forget that although you are the owner, the car is pledged to the bank. You not entitled to sell, give away or exchange. And if hard times come and there is nothing to pay on the loan, the bank (car dealer) will take your "swallow".

Pros and cons of a car loan

A car loan, as a financial instrument, has its advantages and disadvantages.

You can have a car without capital. Only a few can buy a car for cash, but saving for a long time and not always works.
Big choice. You can buy what you like, not what you have enough money for.
A variety of lending programs: you can choose the most profitable for yourself (with a minimum period or, for example, without a long registration).

Complicated procedure. Strict requirements for the borrower.
Increase in the cost of a car. You will have to pay interest + compulsory insurance.
Car deposit.

Car leasing

The word leasing comes from the English lease - "rent". But in Russian law Leasing is not the same as renting. We have it view lease relations. In them, one party (the lessor) invests money in the purchase of property, and the other (the lessee) accepts this financial service and uses the purchased property.

Leasing legal relations are regulated by the Civil Code (Chapter 34), as well as by the Federal Law “On Financial Lease (Leasing)” dated October 29, 1998.

The subject of leasing can be any non-consumable things (except land), including vehicles.

Autoleasing mechanism

Car leasing is the purchase and transfer of cars for temporary possession and use for a fee on the basis of an agreement between the lessor and the lessee.

The general scheme is as follows.

you want a car. There is no money to buy. You apply to a leasing company. You tell them what kind of car you would like to have and show some papers.

Unlike a loan, the package of documents is minimal. As a rule, this application, passport and driver's license. From a procedural point of view, leasing is much simpler than lending.

An agreement is concluded between you and the leasing company. From now on, you are the lessee.

Currently, the lessee can be both legal entities and individuals - NOT entrepreneurs.

Until 2010, the Law "On Leasing" contained a clause according to which the leased asset could only be used for commercial purposes. In leasing, they took mainly buses, trucks and agricultural machinery. Financial lease passenger transport practically non-existent.

But now there are leasing programs for citizens, according to which they can get any car for use. Currently, only three companies are engaged in leasing for individuals in Russia.

After the conclusion of the contract, the lessor buys a “dream car” for you and transfers it to you for use.

Keyword - use. The owner of the car is the lessor. In this regard, it is he who is engaged in registering the car, passing technical inspections and other chores.

It should be noted that all additional expenses incurred by the lessor (insurance, taxes, etc.) are ultimately paid by the lessee, as they are included in the lease payments.

Leasing payments are usually less than loan payments. The fact is that they are calculated minus the so-called residual value.

residual value- this is the redemption fee for the car, which the lessee must pay at the end of the lease term in order to get the car into ownership.

Also, the amount of payments is affected by the presence / absence of an advance payment and its size. In other words, the more you pay at the beginning and at the end, the less you have to pay monthly.

During the leasing period (from one to five years) you are a happy car enthusiast. The main thing is not to forget to make monthly lease payments and remember that at the end of the contract you will either have to buy the car or return it.

Types of car leasing

There are two auto leasing schemes:

Pros and cons of car leasing

Car leasing saves you a lot of hassle. For example, you do not need to waste time searching for a seller and car registration. And this is not the only advantage.

More flexible payment schedule. As a rule, they are lower than loan installments.
Simplified procedure for collecting documents and concluding an agreement.
The ability to update the car every few years.

The car is owned by a leasing company. At the slightest problem with payments, as well as financial difficulties the lessor himself, it can be withdrawn.
The vehicle user cannot sublease it.
Individuals do not have tax preferences for car leasing.

Automotive arithmetic

Knowing the mechanisms of car loans and car leasing, the main question still remains: “Which is more profitable?”.

To answer it, we asked Leasing Trade to compare the costs of leasing for individuals and a car loan under equal conditions. Here's what happened.

“Property was chosen - a car Toyota Corolla 2014 release, cost 690,000 rubles (sedan; engine power - 1.6; 122 hp).

We took standard car loan calculations: the loan amount is 690,000 rubles, an advance payment of 20% or 193,800 rubles, a period of 36 months. We took the calculation of a car loan from one well-known bank (let's call it X) as a basis. The interest rate on its lending program with a standard set of documents is 15% per annum. The calculation was made without taking into account financial protection programs, OSAGO, CASCO and additional expenses.

The calculation of leasing for individuals is based on the offer of one of the leasing companies (let's call it Y). The monthly payment did not include OSAGO, CASCO, as well as mandatory and related payments (transport tax, vehicle registration with the traffic police, annual maintenance, etc.).

Car maintenance costs will be approximately equal in both cases, are mandatory and calculated separately.

CASCO and OSAGO insurance was made based on the following parameters:

OSAGO: 5,500 rubles; region - Kazan; driver's age - over 22 years; driving experience - more than 3 years; car power - 122 hp One driver is allowed to drive.
CASCO: 86,000 rubles; place of registration vehicle– Kazan; information about an individual: male, 30 years old, marital status - married, one child; driving experience - more than 6 years, accident-free driving. One driver is allowed to drive.

	car loan	Car leasing
car cost	RUB 690,000	RUB 690,000
Interest rate	15%
Term (in months)	36	36
Initial payment 20%	RUB 138,000	RUB 138,000
Payment type	uniform	uniform
Monthly payment	RUB 19,135	RUB 11,790
Interest overpayment	135 000 rub.	no, as the car is being returned
The total amount of payments = the amount of payments under the agreement (credit / leasing) + advance payment	688,860 + 138,000 = 826,000 rubles	424,440 + 138,000 = 562,440 rubles
Security deposit	0	0
CASCO insurance	RUB 86,000	RUB 86,000
OSAGO	5 500 rub.	5 500 rub.
Registration of the vehicle in the traffic police	2 000 rub.	2 000 rub.
Transport tax	4 270 rub.	4 270 rub.
Minimum income to buy	31 900 rub.	31 900 rub.
Market value of the car at the end of payments	RUB 539,000	0
Advance redemption payment	absent	RUB 441,000
The cost of buying a car	RUB 826,000	562,440 + 441,000 = 1,033,440 rubles

»
Thus, if we consider the option in which leasing does not provide for the transfer of the car into the ownership of the client, then the monthly payment under the leasing agreement will be lower by 7,345 rubles (that is, by 38%). Property insurance costs will be equal in both cases and are mandatory.

But if we take a situation in which a car is purchased for the purpose of long-term (up to 5 years) operation, and in the case of leasing an individual and then repurchasing ownership, then, undoubtedly, a car loan will be a more cost-effective and cheaper way to get a car. Since the acquisition costs (excluding insurance and mandatory expenses) will amount to 826,000 rubles for a car loan against 1,033,440 rubles for car leasing.

At the same time, our expert draws attention to the fact that:

for mass and popular brands (Kia, Opel, Nissan, Mitsubishi, Chevrolet) and premium brands (BMW, Audi, Mercedes-Benz, Porsche and others), the discount of leasing companies can be an average of 10%, which allows you to make calculations much lower (often in two times) than for a car loan.
for premium clients high level Income leasing will be a profitable and comfortable service, since it is possible to include insurance, tax payment, car maintenance and repair in the payment.

What to choose?

After the amendments to the Law "On Leasing", many experts predicted a boom in leasing transactions with individuals. After all, it would seem that the benefits are obvious. No guarantors are needed, fewer nerves during registration, and most importantly, lease payments are not so burdensome for the family budget. But the boom didn't happen.

Comparative table of car leasing and car loans:

	car loan	Leasing for individuals
Property	New and used cars	Exclusively new cars of foreign production, except for Chinese cars
Financing term	12-60 months	12-36 months
Prepaid expense	Banks rarely issue car loans without a down payment. Minimum advance from 15%	Advance payment from 0%, but leads to an increase in the cost of monthly payments. Minimum advance payment from 20% to 49%
Package of documents	Standard: passport, income statement 2-NDFL, a copy of the work book. The reduced package is more expensive at rates	Standard: passport, driver's license (sometimes also income statement 2-NDFL)
Car insurance	Mandatory annual insurance OSAGO, CASCO. Optional: voluntary life and health insurance, financial protection programs. It is possible to include CASCO in payments	Annual OSAGO insurance is obligatory. It is not necessary to insure CASCO, but this leads to an increase in the cost of the monthly payment
Ownership	The car is the property of the client, but is pledged to the bank	The car is the property of the leasing company, and the client is transferred for temporary use under the contract
Processing speed	You can buy a car on credit in a short time with a minimum package of documents under the Autoexpress programs. As a rule, interest rates rise by 2%	You can buy a car in a short time in leasing with a minimum package of documents
Mileage limit	Is not limited	Mileage limit up to 25,000 km per year
Other restrictions	–	Departure of the car abroad only with the official permission of the leasing company
Additional services and service	–	The leasing agreement may include full insurance, annual technical inspections, seasonal tire service and storage of tires, accounting features, payment of transport tax, etc. All this adds up to higher monthly payments.
Early partial or full repayment	In loyal banks, there is usually no limit on the amount and terms	Strictly not earlier than 6 months
Redemption value	Absent	Adjusted based on the condition of the car, can be calculated in advance at the stage of concluding a contract
Seizure of property	Through the court in case of delay under the contract	According to the agreement, the owner of the property is the leasing company, in case of non-fulfillment of obligations under the agreement, the seizure is made without a court decision

»
According to experts, main reason lack of demand for leasing for individuals in Russia - in the tax system.

In the USA, where car leasing is very popular, there is a so-called “ financial statements households." That is, the budget of an individual is treated in the same way as the budget of an enterprise. In this regard, by leasing a car, a citizen receives the same tax benefits as a businessman. In Russia, only legal entities can return VAT. For them, leasing is really beneficial, as it allows you to minimize taxes. For individuals, VAT is included by the leasing company in monthly payments.

In addition, there is a significant difference in the psychology of domestic and Western motorists. “The car is not mine - they’ll just take something away, and my money was crying.” Such reasoning stops many who are looking at car leasing. Indeed, a leasing company does not even need to go to court to claim a car in case of problems. When paying off a loan, a person perceives it as a contribution to his property.

Thus, when choosing between a car loan and car leasing, it is important to understand your needs well. If you need a high-status car and you want to update your car regularly, then most likely a financial lease without a buyout will suit you. If you want a reliable “iron friend” for many years, then a loan will be more profitable.

Tell your friends about this article and express your opinion in the comments. What do you think is more profitable: car loan or car leasing?

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 terms, 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 obliged to pay the full cost of the 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 car category. 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 undergo maintenance 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 the technical characteristics of the car and the presence of an accident.
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 a budget car or 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.

Leasing is the receipt of property (in this article we will talk about vehicles) in long term rental with the right to repurchase.

Leasing agreements have long been popular with legal entities, and for individuals it is a kind of novelty. What is leasing for individuals and how to purchase a car under a leasing agreement, read on.

concept

Car leasing for individuals is a special form of car purchase. At the conclusion of the contract, one party, called the lessor, transfers to the other party, called the lessee, a vehicle of a certain make and model for rent.

The right to use the vehicle is exercised on the basis of a power of attorney.

Under a leasing agreement, individuals can acquire possession of:

a car;
freight transport;
specialized equipment, such as a tractor;
bus.

The following persons are involved in the lease agreement:

the lessor, as an organization that owns vehicles;
lessee, as a person renting a vehicle;
equipment seller;
the insurance company in which and are concluded.

Car leasing can be of two main types:

with the right to buy a car after the expiration of the contract;
without the right to buy a vehicle.

In the first case, the car becomes the property of the lessee after payment of its cost and interest of the organization - the lessor, which are collected in monthly installments during the specified period of time.

In the second situation, after the expiration of the time specified in the contract, the car is returned to the lessor, and the private person has the right to rent a new car.

When concluding a leasing agreement with a natural person, the lessor remains the owner of the car, but the obligation to maintain, repair and insure the vehicle is transferred to the lessee.

How is it different from a loan?

A car loan agreement and a leasing agreement have similar characteristics, which are in the following aspects:

the purpose of the transaction is the purchase of a car;
partial payment according to the payment schedule;
the need for insurance;
collection of interest for the use of funds.

However, a leasing agreement and a bank loan for the purchase of vehicles are inherently different documents.

Basic hallmark The lease agreement from the car loan is the ownership of the car. In leasing, the vehicle is owned by the lessor, while in car loans, it is owned by a private person.

At the same time, the obligation to pay transport tax annually during the period of use and be responsible for the operation of the car (fines, compensation for damage, and so on) remains with the tenant.

It is this factor that scares most people away from this type of transaction, since the lease agreement can be terminated by the lessor in case of non-payment of regular payments or due to circumstances of uncertain force.

More complete differences between leasing and car loans are presented in the table:

Distinctive feature	Leasing	car loan
Cars	New and used	Used cars are issued with high interest rates and additional conditions
Contract term	12 – 36 months	6 – 60 months
Initial payment	Minimum 15%	At the discretion of the company can be from 0% to 60%
Ownership	Company owned	Owned by a private person
A package of documents for concluding an agreement	Minimum (passport, copy of work book)	Maximum (additionally, loan approval with a car dealership is required)
Insurance	- Necessarily. CASCO at the discretion of the company	And OSAGO and necessarily
Use restrictions	– assignment of leasing rights by prior agreement; – travel outside the Russian Federation also by prior arrangement	It is forbidden to sell the vehicle without the consent of the bank
Termination of the contract ahead of schedule	According to the terms of the contract	After payment full cost loan
Seizure of vehicles	By decision of the company	Exclusively by court order

The main pros and cons of car leasing for individuals

Leasing, as one of the ways to purchase vehicles with installment payment, has its positive and negative sides.

The positive features of leasing compared to a car loan are also:

more simple procedure transaction processing;
availability of cars on lease for various categories of citizens. Especially this aspect concerns individuals who were denied a car loan by banks;
activities prior to operating the vehicle, such as technical inspection, registration and so on is carried out by the owner of the vehicle, that is, the lessor;

True, it should be noted that the amount of money required to carry out registration actions included in the tenant's total debt.

tenant support. As a support, assistance is provided on the road (tow truck, emergency commissioner), resolving issues with the insurance company, and so on;
the minimum set of documents for the conclusion of the contract;
complete absence of additional commissions and hidden payments. In addition, only the services of a notary who certifies the leasing agreement are paid;
receive an additional discount on a car. Many car dealerships conclude separate agreements with leasing companies, which include a reduction in the cost of the vehicle as one of the conditions;
the possibility of an individual approach to the client. Leasing companies independently develop payment schedules, taking into account all the wishes of customers. Also, by mutual agreement, so-called "credit holidays" can be presented;
You can lease both new and used vehicles. Moreover, the terms of the lease will be almost the same;
no need to divide the car during a divorce. Especially this circumstance may be of interest to spouses whose family life is far from ideal;
no need to register a pledge of a car;
no need to involve guarantors.

Along with many positive features, a leasing agreement also has its drawbacks, which include:

application of higher interest rates. On average, a leasing agreement is concluded at 13% - 17%, while a car loan can be issued at 9% - 12%;
large down payment. With a car loan, the initial payment cannot be more than 15%. When purchasing vehicles on lease, you will initially need to pay 0% - 60% of the cost of equipment;
minimum term of the contract. A passenger car is leased to an individual for 3-5 years. A car loan can be issued for a longer period (up to 10 years);
the presence of penalties for late payment of a regular payment;
the need to carry out repairs exclusively in the dealer center established by the contract.

Design features

The procedure for issuing a car lease agreement is as follows:

a private person interested in purchasing a vehicle chooses a company whose conditions are most suitable for individual requirements. The rules for choosing a lessor will be discussed in more detail below;
then the client of the company selects a vehicle, fills out a request - a form for concluding an agreement and agrees on all the conditions of the upcoming transaction. Essential conditions are:
- determination of the subject matter of the contract motor vehicle chosen by the lessee;
- the cost of the transaction, taking into account regular payments, funds spent on registration, insurance and company income;
- debt repayment schedule;
- the right to buy a car;
- sanctions for non-compliance with the terms of the contract.
an agreement is concluded between the leasing company and the lessee, which must be notarized. The document is signed by both parties. To conclude an agreement from a private person, the company will require the following set of documents:
- passport;
- a copy of the work book, certified by a responsible person representing the employer;
- certificate confirming the amount of income received;
- driver's license.
the leasing company acquires specified car and carry out the necessary registration actions;
the lessee pays the initial fee if there is such a condition in the contract;
the vehicle is transferred to the lessee. At the same time, an act is drawn up on the transfer of property for temporary use, in which all the main features of the subject of the leasing agreement are prescribed.

Thus, for the execution of a leasing agreement, subject to preselection the lessor company and the vehicle need no more than 2 hours of free time.

How to choose a company

Before concluding a leasing agreement, experts recommend contacting Special attention the choice of a leasing company, on which the terms of the forthcoming transaction depend.

The determining factors are:

the period of the company Russian market. How more company works with individuals, the more contracts are concluded with car dealerships that provide discounts;
financing of the company - lessor. The Company may receive funds for its activities from the largest banks of the Russian Federation (subsidiaries) or other organizations interested in investments;

Under no circumstances should you contact "gray" organizations that hide sources of funding.

company scale. Availability of offices in other cities, staff and their qualifications;
having a license. In accordance with the law "On Licensing", the activities of leasing companies should be carried out only after obtaining a permit document;
availability and customer reviews;
conditions for concluding a lease agreement.

To determine the optimal leasing conditions, it is recommended to familiarize yourself with standard contracts several similar organizations in order to select the most optimal ones.

Leasing is a good alternative to a bank loan under the terms of the deal and with financial side question. Even with increased interest rate the final cost of the vehicle will be 7% - 10% lower.