Lease or buy?

Not sure what the difference is between leasing and buying a vehicle?

We have listed the most important differences between a Private Lease and the purchase of a vehicle. The monthly rental of your Private Lease vehicle may seem on the hight side, but bear in mind that Arval includes various services in the monthly rental.

What does it exist of?

Private Lease

You lease a vehicle for a period between 25 and 60 months.

Buy

You buy a vehicle.

 

Who is the owner of the car?

Private Lease

Arval buys the car and is the owner, you rent the car.

Buy

You are the owner.

 

Are there any services included?

Private Lease

Yes, there are services included in your contract based on your needs.

Buy

Additional services are at your own expense.

 

Can you rely on customer support from Arval?

Private Lease

You can always contact our Service Centre with all your questions.

Buy

You can not count on customer support at Arval.

 

Is maintenance and repair included?

Private Lease

The maintenance and repair of the vehicle are included in your Private Lease contract.

Buy

The maintenance and repair of the vehicle are at your own expense.

 

What insurances are included in the price?

Private Lease

The insurances (TPL insurance, the legal insurance and the driver insurance) are included in your contract.

Buy

The insurances are at your own expense.

 

Which tyres are included?

Private Lease

Summer tyres are included in your Private Lease contract.

Buy

The change of tyres are at your own expense.

 

Is there a fixed monthly cost?

Private Lease

All possible costs are included in the fixed monthly rental price.

Buy

No, the costs for the use and maintenance of the car are unknown.

 

What happens at the end of the contract?

Private Lease

You bring the car back to Arval, without a possible purchase option.

Buy

You sell the vehicle on the second-hand market.

 

New car on a regular basis?

Private Lease

At the end of the Private Lease contract, you can immediately choose a new vehicle.

Buy

After the sale of your current vehicle and subject to the availability of funds.