Lease or buy
Leasing or buying a vehicle?
Not sure what the difference is between leasing and buying a vehicle?
We have listed the most important differences between a Private Lease vehicle and the purchase of a vehicle for you. The monthly rental of your Private Lease vehicle may seem on the high side, but bear in mind that Arval includes various services in the monthly rental.
Private Lease |
Buying |
|
|---|---|---|
|
What does it exist of? |
You lease a vehicle for a period between 25 and 60 months. |
You buy a vehicle |
|
Owner of the car |
Arval |
You |
|
Services |
Yes, services are included in your contract.* |
The costs are at your expense |
|
Customer support |
Yes, you can always contact our Service Centre with all your questions. |
No |
|
Maintenance and repair of the car |
The maintenance and repairs of the vehicle are included in your Private Lease contract. |
The maintenance and repairs of the vehicle are at your own expense. |
|
Insurance |
The insurances (TPL insurance, the legal insurance and the driver insurance) for your car are included in your contract. |
The insurances of the vehicle are borne by the individual. |
|
Tyres |
Summer tyres are included in your Private Lease contract. Winter tyres are optional. |
The change of tyres are at your expense. |
|
Cost forecast & fixed monthly rent |
Yes, all possible costs are included in the monthly rental. |
No, the costs for the use and maintenance of the car are unknown. |
|
End of contract |
You bring the car back to Arval, without a possible purchase option. |
You sell the the vehicle on the second-hand market. |
|
New car on a regular basis |
At the end of the Private Lease contract, you can immediately choose a new vehicle. |
After the sale of your current vehicle and subject to the availability of funds. |
* According to your needs
Why choose Arval Private Lease?
A trusted leasing partner
We are a leading multinational in the rental business, with more than 90.000 vehicles in Belgium.
Peace of mind
At Arval, you always have the best conditions. You rent safely, responsibly and reliably.
Full service package included
Depending on your needs, your contact person will advise you on the best service package.
A First-Class Service Center at your disposal
A dedicated team of professionals is at your service for any questions you might have.