The difference lies – as implied by the term short lease – in the lease term. Private lease contracts typically run for several years, while a short lease agreement can be terminated daily after one month. Additionally, terminating a private lease contract early often incurs a high penalty.
What does short-term leasing entail?
- Renting a car from one month to a year
- Daily termination without cost after the first month
- Fixed all-inclusive monthly fee: only fuel costs to be covered
- Easy transition to another (short-term lease) car
And private lease?
- Leasing a car from 12 to 60 months
- No tax liability
- Also a fixed monthly fee: clear cost structure
- Drive a new car without dipping into your savings
Choosing between short-term lease or private lease?
If you want flexibility and don’t want to be tied down, then short-term leasing is the best option for you. If you need the assurance of having a car for the coming years and prefer to pay a little less each month, then private leasing might be a better fit. Want to test if leasing is right for you? The advantage of short-term leasing is that you can try it out for a month!