How to get a high-end vehicle 30% cheaper

by time news

2023-06-26 11:19:53

Renting used vehicles is presented as an alternative for drivers to access high-end vehicles for a more affordable price, up to 30% less than renting “new”, according to RentingCoches.com, the specialist portal in renting from Sumauto, and as he revealed on the occasion of his participation in Espacio VO de Ganvam held this Monday.

Specifically, RentingCars.com fixes that greater accessibility in monthly installments below 500 euros for a used premium vehicle with an average age of about 4 years and with a contract of six to twelve months.

These are vehicles from company leasing, from “senior management drivers”, which are returned at the end of the 4-year contract and, in this case, the operator instead of transferring it to the VO market for sale, gives it a second life in the form of renting to a private client.

In this case, they are shorter and more flexible contracts, but they allow the operator, on the one hand, to extend this “financial product” for at least one more year; and for the user, being able to enjoy a high-end car for a few months and respond to his aspirational and status wishes. All this with vehicles that have passed the corresponding technical revisions, which provides guarantee and peace of mind to the end user.

From renting to the VO market

Like new leasing, second-hand leasing also has the used market as its final destination, this sector being traditionally the “great factory” of VOs, and which is now at full capacity. In fact, from January to May 2023, the used vehicle market in our country received just over 111,458 cars from leasing, compared to 46,479 in the same period of 2022, which translates into a growth of 146%, according to MSI data.

This trend will continue in the short and medium term, as the registration forecasts made by leasing companies are optimistic for 2023, with growth of 13.7% to 201,000 vehicles, compared to 177,000 registered in 2022.

According to inigo brena, responsible for RentingCoches.com, “compared to the high prices that new and used vehicles have reached in recent times, renting used cars is a real alternative that provides flexibility, freedom and variety of cars at a more affordable price than a traditional rental. All this without losing the advantages of leasing: fully comprehensive insurance without excess, maintenance and revisions, which provides peace of mind and security to the users who drive them”.

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