Although the Greek market is not the most mature in Europe, the trend is moving away from the traditional car ownership model and towards more flexible forms of four wheeler ownership and use.

More and more people are looking for a more relaxed and therefore carefree attitude towards their car by choosing to pay a pre-negotiated monthly rental that includes not only the right to exclusive use of the vehicle, but also the costs incurred during the duration of this cohabitation.

The benefits offered by the long term rental program vary and in most cases are fully tailored to the needs and desires of the potential client. An indicator of the flexibility offered by the long-term rental option is the ability to change the car before the end of a predetermined period, so that the user always has at his disposal a car that matches his professional or family status.

In addition to this flexibility of the leasing program, an equally important advantage is the fact that in order to start renting and using the vehicle, no significant amount is required, as is usually paid in case of purchase, but only an advance payment of 4,000 or 5,000 euros.

In fact, it is not uncommon for a leasing program to even include a zero down payment, which increases the monthly rent. The duration of the vehicle lease is also adjustable, from 36 months to 60 months, with a number of options even after the end of the contract between the user and the leasing company.

The higher availability of models available in the company’s fleet, as well as the significant tax breaks available to professionals, also explain why leasing should be preferred over buying.

Also important is the fact that the cost of renting and, therefore, the use of the car is fixed throughout the duration of the contract, and at the end of the contract, the user can purchase his new car, following exactly the same procedure. Thus, the driver can use the services of modern and economical vehicles that offer the maximum in terms of active and passive safety.

The provision of a replacement car in the event of a breakdown, full insurance coverage, a strict maintenance and tire change schedule, and exemption from any tax burden complete the long list of benefits of the Long Term Rental Program.

SELECTING A CAR FOR LEASING

The many long-term leasing options offered on the Greek market require the professional or individual to do extensive research before finding the right program and vehicle.

Equally important is the choice of a company to work with for years to come, whose consistency and support will largely determine the user experience. The “fine print” of a lease agreement is an issue that can cause friction between the two parties, as it can obscure important details such as the maximum number of kilometers that a car can drive, terms of damage coverage, how and when the lease payments are paid. , conditions for returning the car after the end of the contract, etc.

Finally, the fact that during the leasing process our relationship with the car is not permanent does not mean that it makes the choice easier, since living with a car that does not fit and does not serve our needs can be painful. Therefore, we must carefully choose the car we are going to rent, starting with the offers that are published from time to time by all major leasing companies, and ending with more personalized offers.