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Buyback cars – features and nuances of the acquisition

Buyback cars - features and nuances of the acquisition 1
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Cars for purchase – types of leasing

Buyback cars - features and nuances of the acquisition 2

Buyback cars – a profitable solution for medium and small businesses

Today, there are many companies offering customers cars for purchase. For representatives of medium and small businesses, this service is provided on favorable terms of financing..

Most of the companies that today rent cars with the right to buy offer flexible leasing payment schedules; advance payment, dependent on the price of the car; low rise in price; leasing term up to five years; administration of all insured events; minimum package of documents; high speed decision making, etc..

To rent cars with redemption for individuals and entrepreneurs is now very profitable for individuals. At the same time, leasing companies offer their customers who decide to buy cars for purchase two types of leasing programs: operational leasing and financial leasing. The second option assumes that the client during the term of the agreement pays the full price of the car and becomes the full owner after the last payment. But it is impossible to rent a car with the right to redeem under the operational leasing scheme, because according to this scheme, the client is given vehicles for the period specified in the contract, the cars are returned to the leasing company upon its expiration, but in this way the lessee can reduce monthly payments. Operational leasing is suitable for those entrepreneurs who need to constantly update their fleet and who do not want to get involved in the buying and selling process. The main difference between both types of leasing can be considered a different taxation scheme. Financial leasing is much comparable to buying – taking a car for rent with a buyout, the lessee ultimately becomes its owner, while in case of operational leasing, the leasing company owns the leased cars.

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