The Advantages of Long Term Rentals
Long-term rental car rental solutions can often be a more attractive alternative to leasing contracts even though the latter may appear to be a cheaper option. Below, we set out some of the major advantages of car rental compared to leasing.
- Is better for accounting purposes
The assets side of the balance sheet looks considerably better as there is no actual ownership of the rented car.
- Frees up much needed capital
As there is no part payment required, this frees up capital for other purposes.
- Simplified administration and accounts
All the other costs normally associated with the use of automobiles, e.g. wealth tax, Casco, compulsory insurance, are bought together into one single monthly payment.
- Fixed monthly fees, no exchange rate risk
Our long-term rental service prices are based on the forint which avoids currency fluctuations and makes financial planiing mush easier.
