Biby Hasler - mai 18, 2023

Rent a car instead of leasing » 5 reasons why you should rent

Mobility is becoming more and more flexible. Gone are the days when you were tied down to one car for many years. With modern concepts such as short-term leasing or long-term rental, you can cover your vehicle needs precisely. Then there are car-sharing offers and - if you don't want to do without your own car on your doorstep - the car subscription. In this article, we take a closer look at classic leasing and car rental. What are the advantages and disadvantages, and which is better for whom? Find out here. When comparing CARIFY to other car subscription companies in Switzerland like Carvolution, you'll find that CARIFY has the best subscription model in place.

Rent a car - all the advantages

Most of the time you travel by bike or public transport, but for trips to the countryside or visiting relatives, you occasionally need a car? Great, for people like you, rental cars are just the thing. Long-term rental is a good option for your vacation. This way you can rent a Volvo vacation home away from the big cities and still reach the most beautiful beaches and interesting sights of your destination. A Mercedes rental car is the ideal replacement car while your own Ford vehicle is being repaired in the garage. It covers short-term mobility needs and, with its free mileage package, is even suitable for more distant destinations.

Lease a car - all the advantages

Companies, freelancers and the self-employed in particular rely on leasing agreements for their company and business cars, as the costs are usually tax-deductible. However, this does not apply to private individuals who lease a car. Leased vehicles are new or young used vehicles whose condition is technically perfect. Unlike buying, with many leasing contracts you don't even have to make a down payment. At the end of the leasing contract, you simply return your car and exchange it for a newer model. Or you can buy your vehicle from the lessor at a price agreed in advance. The leasing period is between 2 and 5 years. There are two different leasing models:

Residual value leasing

In this scenario, whether you opt for a VW, Fiat, Skoda, or any other car model, the lessor determines the vehicle's value upon return at the start of the contract period. It's essential to exercise caution because if your car, be it a VW, Fiat, or Skoda, falls short of this predetermined value, you will be responsible for covering the difference. Particularly enticing low monthly installments might seem like a great deal initially, but they can turn out to be a risky proposition at the end of the leasing period if the residual value has been set unrealistically high. Furthermore, as a lessee, you assume the full risk for unforeseeable depreciation factors that are challenging to calculate accurately, such as political requirements, brand image fluctuations (remember the diesel scandal involving VW), and the impact of accident damage on the vehicle's value.

Mileage leasing

The amount of the installment depends on your annual mileage. The less you use the car, the lower the rates. The danger here is that your circumstances may change during the lease term - a new job in a different city, for example - and the mileage package no longer fits. You could then be faced with a hefty additional payment for too many kilometers driven. If in doubt, you should always choose a slightly higher mileage package because you will be reimbursed for the miles not driven at the end of the lease.

Why renting a car is the better option

Car leasing or renting - both models have their advantages and disadvantages. If you attach importance to a specific car or special equipment, you should opt for leasing. This also applies if you want to buy the car at its residual value. If you are more interested in flexible mobility and low cost risk, you are better off with a rental car.

Check out 5 great reasons why a rental car is superior to leasing:

  1. You don't have to pay additional monthly installments as you would with leasing, because insurance and taxes are already included in the car rental. You can therefore calculate much more reliably.

  2. Unlike with leasing, you don't have to make decisions in advance for circumstances that may change over the course of the multi-year leasing period - for example, family additions, annual mileage or purchase agreement.

  3. With a rental car, you don't have to worry about depreciation, because you return the vehicle after the agreed period.

  4. You do not have to take care of inspection and maintenance yourself when renting a car. Even the tire change is already included.

  5. Flexible rental period instead of long-term commitment: With a rental car you are also mobile at short notice. If you need a rental car for longer, there is the attractive long-term rental.

The advantages of a car subscription from CARIFY

CARIFY offers you the car of your dreams with a car subscription:

  • A CARIFY car subscription is available for periods between 1 and 48 months. This makes our offer much more flexible than leasing and renting because you can cover both short and longer mobility needs with a car subscription.

  • Once you have reached the minimum contract period, you can cancel on a monthly basis. The special thing about the CARIFY subscription: If you choose the FLEX rate, you can continue to drive your subscription vehicle for as long as you want. You can cancel or renew - the car remains reserved for you.

  • Our flexible mileage packages cover every need. And if you realize during your subscription that you will be driving more, you can increase your package once. With rental cars, you usually have a small free quota and have to pay dearly for every kilometer driven beyond that. Even with mileage leasing, you may be in for a nasty surprise at the end of the lease term.

  • If you want to test a vehicle before buying it, you are well advised to take out a car subscription. With rental car companies, you can usually only choose the car class, but not a specific model. This is different with CARIFY: Choose exactly the car you have in mind from our wide range. You want to switch from combustion engine to electric mobility, but don't know yet if it's for you? At CARIFY, you can test drive a wide variety of electric, hybrid or natural gas vehicles. For example, BMW, Ford, Porsche, and Volvo.

  • Not to mention the costs: our car subscriptions are much cheaper than a comparable rental car for the same period. As with a rental, however, all running costs are included in your monthly payment.

  • You can look forward to first-class maintained and serviced vehicles with our subscription cars. We also take care of service such as inspections, repairs and even tire changes for the duration of the lease. You have to calculate these costs separately when leasing.

Choose a car subscription from CARIFY!

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