1. Financial Output
Buying a Car:Requires a high initial cost;reduces alternative financing returns.
Renting a Car:Offers fixed monthly payments;increases your financial flexibility.
2. Tax Advantages
Buying a Car:You pay taxes like SCT,VAT upfront;VAT cannot be refunded.
Renting a Car:You can deduct the monthly rental fee as an expense and use the VAT.
3. Risk of Depreciation
Buying a Car:You bear the entire risk of depreciation.
Renting a Car:The risk of depreciation lies with the rental company,reducing your risks.
4. Maintenance and Repair Costs
Buying a Car:You pay for all maintenance and repair costs.
Renting a Car:All maintenance and repair costs are covered by the rental company.
5. Tire Tracking and Winter Tires
Buying a Car:You have to manage and change the tires yourself.
Renting a Car:Tire changes are managed by the rental company.
6. Professional Support
Renting a Car:You can get professional support for accidents or technical issues.
7. Changing Cars When Needed
Buying a Car:You have to sell existing cars and buy new ones.
Renting a Car:You can easily request a new car from the rental company.
Conclusion
Easily compare renting and buying models with LenaCars’calculation module.
Video Explanation
To watch our detailed explanatory video comparing renting and buying cars:
