The 5 reasons why flexible leasing is a good alternative to buying a car

The purchase of a car is one of the most important outlays made in a family economy.

Oliver Thansan
Oliver Thansan
10 April 2024 Wednesday 23:39
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The 5 reasons why flexible leasing is a good alternative to buying a car

The purchase of a car is one of the most important outlays made in a family economy. The traditional long-term purchasing formula is changing and consumers are looking for more advantageous alternatives, those that allow them to avoid the need to make large initial outlays or resort to loans and financing.

Without giving up enjoying a vehicle that meets their needs and preferences, private customers can enjoy more practical solutions with the formulas offered by flexible leasing.

Flexible renting is a type of contracting for private mobility services on demand. The customer chooses the desired vehicle and has the possibility of returning or exchanging it at any time. That is, it is not subject to any permanence commitment.

Given this scenario, renting for individuals is beginning to gain ground with favorable data in recent years. According to the Spanish Vehicle Rental Association, AER, rental customers have increased by 360.51% since 2015. It has gone from 55,586 in 2015 to 255,981 in 2023. Of the 200,395 new customers, 59.30% They are self-employed and individuals and 36.21% are small companies. Therefore, in the last 8 years there has been an interesting increase of 27.15% in private and self-employed users.

In this sense, Northgate is one of the companies that offers flexible vehicle rental, traditionally to companies and, in recent years, also to individuals, with a personalized service, without penalties or commitments of permanence. The company has explained the five main reasons why individuals are encouraged to hire this mobility service.

It is a modality in which the user does not have to set a duration in the rental contract and there are no commitments regarding the deadlines. This is a flexible rental that allows you to hire for months and return the car if it is no longer used.

With flexible renting, large initial outlays are avoided. By contracting this modality it is not necessary to request credits or any financing.

All the services offered by this modality are unified into a single fixed monthly fee, including taxes, insurance, maintenance, periodic inspections, 24-hour roadside service or the possibility of having a replacement vehicle in case of breakdown. The best way to stop worrying about the paperwork involved in purchasing a car.

Flexible renting means total spending control for the individual user, since they always know what they are going to pay each month, without surprises or extra expenses. And if you no longer need the vehicle, it can be returned without having to face additional payments.

In the case of Northgate, the vehicle fleet is on average around two years old, with the advantage of being able to change the type of vehicle if necessary, without having to face penalties for canceling the contract early.