The obligations of each party are also included :
Posted: Thu Dec 26, 2024 4:45 am
For the lessor: assume the costs of repair and maintenance, provide a replacement vehicle in the event of a breakdown and if this has been stipulated in the contract, insure the vehicle, etc.
For the lessee: comply with traffic regulations and manufacturer specifications, return the vehicle at the end of the rental period, pay the rental fees as well as any damage caused by misuse, communicate the identity of the drivers as well as any mechanical incidents, etc.
How do I calculate which option is best for me?
Considering that in leasing we do not assume the costs of repair or maintenance, as they are included in the leasing fees, it is difficult to make a comparative study denmark whatsapp number data against other formulas for financing company vehicles such as the ICO loan . That is why you should take into account the following methodology:
1. Calculate the total amount of the investment taking into account the price of the vehicle (net of discounts and aid) as well as all the expenses to be paid for its acquisition (fees, registration tax, administration, etc.). For calculation purposes, it is important that you differentiate between the amount with VAT and without VAT, because its financial effect can distort the study.
Renting investment calculation
2. Calculate the residual value of the investment at the end of the lease. That is, the price without VAT at which the leasing company would sell the vehicle on the second-hand market, taking into account its condition.
For the lessee: comply with traffic regulations and manufacturer specifications, return the vehicle at the end of the rental period, pay the rental fees as well as any damage caused by misuse, communicate the identity of the drivers as well as any mechanical incidents, etc.
How do I calculate which option is best for me?
Considering that in leasing we do not assume the costs of repair or maintenance, as they are included in the leasing fees, it is difficult to make a comparative study denmark whatsapp number data against other formulas for financing company vehicles such as the ICO loan . That is why you should take into account the following methodology:
1. Calculate the total amount of the investment taking into account the price of the vehicle (net of discounts and aid) as well as all the expenses to be paid for its acquisition (fees, registration tax, administration, etc.). For calculation purposes, it is important that you differentiate between the amount with VAT and without VAT, because its financial effect can distort the study.
Renting investment calculation
2. Calculate the residual value of the investment at the end of the lease. That is, the price without VAT at which the leasing company would sell the vehicle on the second-hand market, taking into account its condition.