Who owns a lease car?
Who owns a lease car?
There are 3 different types of leases:
- Private Lease (Individuals)
- Operational Lease (Entrepreneurs)
- Financial Lease (Entrepreneurs)
Very often the question is asked; Who owns the lease car? Here is some more explanation on this:
With Operational and Private leasing, the leasing company remains the owner of the car. You enter into a contract based on an All-in price and return the car at the end of the contract. However, it is possible to buy back the car for the amount it is still worth at that time. This is calculated for you at the end of the contract. This is because you enter into a contract based on a kind of hire purchase. This means that you own the car at the end of the contract. Do you have more questions? Then contact an advisor at Lease.car and we will explain everything in detail.
