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Whether in the country or in the city: a car is incredibly practical when it comes to getting from A to B. However, before you can start your first journeys in your dream car, it is of course important to consider the question “What purchasing options are available to me?”
Financing, leasing and purchasing in particular are often compared in the head and weighed against each other again and again. But what is actually better? Or rather: Is there even a “better” thing?
The following sections take a closer look at the advantages that the different options offer and show why it is so important to always take your current initial situation, planability and financial possibilities into account.
Financing and its advantages
Anyone who buys a car from one of the numerous providers, for example #ADAC, finances, pays his installments and fulfills the contract accordingly, knows that the vehicle in question will belong to him at some point. The purchase price is paid off and is therefore easier for many people to manage.
In this way, car lovers benefit from the advantage of being able to opt for a slightly more expensive car if necessary. After all, the amount is not due in one lump sum. This is exactly what results in a high degree of flexibility.
Due to the extensive possibilities associated with financing these days, it is definitely worth comparing the different offers and running through different scenarios.
Leasing: Beware of high costs!
At first glance, leasing is similar to vehicle financing. Because here too, the car lover pays monthly installments. In contrast to financing, with leasing you are obliged to return the vehicle in question at the end of the term. And this is exactly what can sometimes result in high costs.
Of course it has Leasing-Companies are interested in offering or selling the car as a new leasing vehicle. This means that it is an advantage if the car has as little damage as possible.
As part of the lease return, an independent appraiser checks whether there is any loss of value. While minor signs of wear, such as stone chips, are often tolerated, larger scratches can lead to high additional payments. Therefore, lessees should always be aware that there is a possibility of being confronted with a final invoice that will put a greater or lesser strain on the budget.
Purchasing the vehicle: Ownership from now on
Buying a vehicle is a wonderful option for anyone who doesn't feel like paying monthly payments installments have. Anyone who has saved a large amount of money (possibly over a longer period of time) in order to invest it in their own dream car at some point has certainly found this to be a good option.
Even those who personalize your car more and more and want to adapt it to your own needs without having to worry about it permission have to ask, have found a suitable option here.
The disadvantage: Due to the fact that these days it is generally used for small and medium-sized cars amounts are called up in the five-figure range, it often takes longer before it is possible to realize this special dream.
Financing, leasing or purchasing? What is better?
Ultimately, unfortunately, this question cannot be answered in a standardized way. Questions that play an important role in making the right decision include:
- What monthly amount can I regularly pay for this? Financing or pay for leasing my car?
- Is it important to me to be the official owner of the vehicle straight away or do I prefer to return the cars I drive at regular intervals and then get a new one? Model to choose?
- Am I able to pay a large amount directly?
- What financing offers are there and with which ones? interest amounts do I have to calculate?
No matter whether for private or Company car as a means of employee loyalty: All options can be useful when it comes to a combination Flexibility and mobility. Anyone who takes a little time to think about their budget, their requirements and of course their ideas about the individual dream car dealing with it is certainly making the right decision.
