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LEASING/RENTING OF MOTOR VEHICLE

Leasing: its contract generally requires a minimum duration of 2 years and gives you the option to buy the vehicle that has been leased after the end of the rental period.

All expenses related to the vehicle (insurance, taxes, maintenance, etc.) will be paid by the lessee.

The good thing about leasing is that it makes it very easy to finance and deduct as the lease is tax deductible.

RENTING

Renting: is a long term rental that also gives the option to purchase the vehicle once the rental period is over.

Renting is not regulated by law so that when the contract is made it would be like any other commercial operation.

Unlike leasing, the main advantage of renting is that the lessee does not bear the costs of the vehicle (insurance, taxes, maintenance, etc.).

TYPES OF LEASING

• Financial leasing (furniture or real estate)
• Operational leasing
• Leasing with financial leverage
• Indirect Leasing
• Retroleasing (or “lease-back”)

TYPES OF RENTING

• Renting for vehicles
• Technology leasing
• Industrial leasing
• Renting equipment
• Provider Renting
• Rent to rent
• Rent bank

RECRUITMENT

There are two types of companies with which the services determined above can be contracted. The first relates to physical companies, which offer their services through a specific headquarters or office. The second type relates to online companies, which operate through the Internet. Both types have similar associated benefits, since they offer the same services (each one referring to the type of activity they offer) but the contracting will be different depending on the type of business chosen. In this sense the commitment to carry out the activity can be signed in an office or by sending an email accepting the terms of the contract. Although you have given the form of contracting, both have the same validity and reliability. The most common types of contracts when it comes to agreeing on these types of services are usually the following. In general, the contract for the provision of services. More specifically, we find the leasing contract and the renting contract. In order to enable the requesting company to have an overview of the type of contract it will be entering into, some standard contracts are presented on the website.