LOA or LDD leasing, car credit… which solution should you choose to finance your car?

by time news

2023-09-30 05:50:56

Thermal or electric? Plug-in hybrid or not? Is the choice of engine for your new car already giving you a headache? So take a second painkiller. Because we will now have to decide the question of financing. Cash purchase? Consumer credit from your bank? Or car credit via the manufacturer’s specialized subsidiary? Leasing? Yes, but what formula? In long-term rental (LLD), or in rental with purchase option (LOA), which opens, in the long term, the possibility of becoming the owner of the vehicle? The number of possible choices and their impact on the wallet plunge motorists into depths of perplexity.

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