© Severs Breeman
Leasing is an agreement under which you can 'borrow' or 'rent' a new BMW or MINI for a specific period and a specific price. Each month you have the same, fixed costs and you know exactly where you stand. Uncertainties such as residual value or maintenance can be eliminated, because this is included in the lease. So there are no surprises or unexpected costs!
For business purposes, two types of leasing can be distinguished: Operational Lease and Financial Lease. With Operational Lease, you are not the owner of the BMW or MINI, but the leasing company is the owner of the vehicle. With Financial Lease, you borrow money to purchase a new BMW or MINI, and then the new vehicle is in your possession.
Operational Lease is a popular lease form among large companies and SME entrepreneurs. With this form of leasing, you pay a fixed monthly amount which includes all the costs of the car, excluding fuel. The lease car is owned by the lease company and you 'rent' the new BMW or MINI. This has a number of (financial) advantages for you as a company, such as the fact that the car does not need to be on your balance sheet. With this type of lease, too, you know exactly what you are paying each month.
Financial lease is a lease form for large entrepreneurs as well as freelancers and SME entrepreneurs and is comparable to a bank loan. You buy a new or recently used BMW or MINI, but pay the leasing company the amount in instalments. In the lease contract, you agree on the monthly costs. An advantage of financial leasing is that it is a simple way of financing and you do not have to make a large investment right away. This makes financial leasing an interesting form of lease for freelancers and starting entrepreneurs.
Looking for the monthly rate for the car you want to finance? On the page for each car, you will find the financing calculator on the left. Here you can specify your down payment, final instalment and term and immediately see the monthly amount.