There is no doubt that renting has great advantages for the self-employed and companies. This service allows access to a vehicle at an adjusted price, with a determined monthly cost and without added costs, such as maintenance or insurance. In addition, the vehicle can be renewed more frequently than with a traditional purchase, gaining in security and also in image, something vital for many businesses.
In addition to these operational advantages, renting has tax benefits. In the cases in which the employer can certify that his (or his) rental vehicles are used for the development of the company’s activity, it is possible to deduct up to 100% of the quota both in corporate tax (companies) and in Personal income tax (self-employed), due to the professional use of the vehicle
Defined since renting, whether you are a company or self-employed, is the solution for your business, it is time to define what type of renting is the most appropriate. Because renting is a customized mobility solution and there are two main types of renting. Together with Alphabet experts, we analyze the pros and cons of each of them:
What is flexible leasing and what are its advantages?
It is the best solution when you do not know exactly what type of vehicle you need, since the needs of companies can vary greatly in a short time. These are some of the advantages of flexible leasing:
- vehicle changes. By being able to contract for shorter periods, you can adapt your vehicle to the mobility needs of your business without the need for long-term leasing commitments for periods of 48 months and up.
With flexible leasing you can jump from a combustion car to an electric or hybrid car. And also by type of vehicle, from compact to vans, through SUVs. - Add or subtract vehicles to the fleet without problem. Since there is no penalty, this service is great for peak workloads. They allow you to have a car with all the advantages of renting, from one month to the time you need.
In addition, you have personalized assistance, so that it is easier for you to choose the renting that best suits your company and needs. Of course, the flexible rentign includes repairs (also damage due to blows or accidents), replacement vehicle, roadside assistance, unlimited tire replacement and even management of fines.
More information: Alphabet Renting Flexible
What is long-term renting and its advantages
Traditional leasing allows you to enjoy a vehicle from 24 months. From there, either the renting contract is renewed or it is cancelled. It cannot be finished as easily as the flexible rentign, since there is a penalty in case of doing so, but it has other points to take into account:
- It remains attractive for a very powerful reason: the monthly fee is lower in a long-term lease and without an initial outlay.
- It’s easier to personalize your new vehicle with equipment to your liking and choose from any model available on the market.
- you can too include more services in the contract. The basic includes maintenance and repairs, roadside assistance, tire replacement, 24-hour customer service, mandatory civil liability insurance and payment of taxes. For greater coverage, such as management of fines, fuel card or the collection and delivery of the vehicle, there are additional packages.
- To the end of the contract (the duration is usually between 24 and 60 months), you can pay the last installment and return it, renew the contract and change the car (even the model) or buy the car, paying its residual value or financing it.