Short lease: what is it actually?

Sometimes there are periods when it is useful to have an (extra) car. For example, for a month or half a year. Renting a car can be quite expensive. And the period is just too short for a full lease contract. What then? Then you choose short lease.

Brief explanation about short-term lease

Short lease is easiest to describe as an agreement that has the best of both worlds: the favorable rates of a lease contract and the non-binding nature of car rental. You lease a car for a short period against an agreed maximum number of kilometers and monthly amount. The minimum term is 30 days. After that, the short lease can be terminated per day, without further notice period. In this way, you can flexibly respond to the transport needs that arise at that moment.

Advantages of short-term lease

Renting a car through a short-lease contract has a number of concrete advantages:

• Flexibility based on your own transportation needs
• After 30 days cancellable per day, so you are never tied to a contract for a long period of time
• Geniet van de benefits of a lease contract, such as a fully comprehensive insurance and you pay no road tax, no repair costs and no maintenance costs
• No unexpected costs, you know exactly where you stand before you sign the short-lease contract

Who is short-term leasing interesting for?

The word 'lease' quickly makes you think that this is a solution that is only interesting for entrepreneurs. That is true, but short-term lease is also certainly suitable for private individuals. Suppose you change jobs and you had a company car from your previous job. You obviously have to hand it in, which means that you are temporarily without a car. Either because you have not yet bought another car or because you still have to wait until your new boss has a lease car for you. In the meantime, you can rent a car via short-term lease. A fast and especially flexible solution at that moment! Or what do you think if you have had an accident and you have to wait for the repair until the insurance has paid out. That can sometimes take months. Short-term lease can also offer a solution in that case.

But as mentioned, short-term leasing also offers entrepreneurs various advantages. For example, for starting entrepreneurs who cannot immediately invest in a car or van. Or you have temporary staff to absorb the peaks. Or you have employees who are still in the probationary period and first have to prove themselves before they are definitively given a lease car on behalf of the company. As an entrepreneur, you also benefit from the advantages that short-term leasing entails.

What is the best solution?

Short lease is mainly interesting if you need a car for at least 30 days. If this period is shorter, choose to rent a car rent a car. Simply because it is much more attractive in that situation cost-wise. Nowadays it is even possible to rent a car per half day or per hour.

Entrepreneurs who want to lease a car for several years or drive more than 4.000 kilometers per month, find it more advantageous to take out a lease contract.

If you are unsure about the best solution for your situation, discuss this with the rental company. They can certainly advise you!