Sometimes there are periods when it is useful to have (an extra) car available. For example, for a month or half a year. Renting a car then can become quite expensive. And for a full lease contract, the period is just too short. What then? Then you opt for Short lease.
Brief explanation of short lease
Short-term lease is easiest to describe as a deal that has the best of both worlds: the favourable rates of a lease contract and the flexibility of car rental. You lease a car for a short period at an agreed maximum number of kilometres and a monthly amount. The minimum term is 30 days. After that, the short lease can be cancelled on a daily basis, without any further notice period. This way, you can respond flexibly to the transport needs that arise at that particular moment.
Advantages of short-term leasing
Renting a car through a short lease contract has several concrete advantages:
- Flexibility based on your own transport needs
- After 30 days cancellable per day, so you're never tied into a contract for a long time
- Enjoy the advantages from a lease contract, such as all-risk insurance, and you pay no road tax, no repair costs, and no maintenance costs
- No hidden fees, you know exactly where you stand before you sign the short lease agreement
Shortlease is interesting for:
When you hear the word ‘lease’, you might quickly think it’s a solution only interesting for businesses. While that is true, shortlease is certainly also suitable for private individuals. Imagine you’re changing jobs and you had a company car from your previous employer. Naturally, you have to hand that in, meaning you’re temporarily without a car. This could be because you haven’t bought another car yet, or because you have to wait until your new boss has arranged a lease car for you. In the meantime, you can rent a car via shortlease. A quick and, above all, flexible solution at that moment! Or what if you’ve had an accident and have to wait for repairs until the insurance payout comes through? That can sometimes take months. Shortlease can offer a solution then too.
But as mentioned, short lease also offers for entrepreneurs various benefits. For example, for start-up entrepreneurs who cannot yet invest in a car or van straight away. Or you employ temporary staff to cover peak periods. Or you have employees who are still on probation and need to prove themselves before they are definitively allocated a leased company car. As an entrepreneur, you too will benefit from the advantages that short lease brings.
What is the best solution?
Shortlease is mainly interesting if you need a car for at least 30 days. If this period is shorter, choose to rent a car. Simply because that is a far more attractive option cost-wise in that situation. Nowadays it's even possible to rent a car for a part of the day or by the hour.
For entrepreneurs looking to lease a car for a few years or driving more than 4,000 kilometres per month, taking out a lease contract is more cost-effective.
When you're unsure about the best solution for your situation, discuss it with the rental company. They can certainly advise you on this!
