Бухгалтерия в Польше | inPL Group - бухгалтерское обслуживание в Люблине, Катовице, Кракове и Варшаве

Leasing and Insurance for vehicles

Vehicle leasing and insurance

Leasing or long-term rental with the option to purchase is practically the same loan, but with a different payment scheme. Leasing is most often used as a financial instrument by large companies to rent cars and equipment instead of traditional purchase financing. Leasing requires less commitment than buying and makes it easier to renew at the end of the rent.

There are two types of leasing:

  • Operating

  • Financial

​​​​​​​Financial leasing involves the purchase of a vehicle with the option to lease it to a client. The client has the opportunity to purchase a car at the end of the lease term. The lessee does not bear such high initial costs as with the direct buying of the car:

  • The lessor is liable for all risks as if he owned the asset. And the vehicle is reflected in its balance sheet.

  • The lessor retains ownership, but the lessee has the exclusive right to use it by the terms of the agreement.

  • Rent payments are due for the entire period, with a one-time payment at the end.

  • The term of the agreement generally coincides with the useful life of the asset.

  • At the end of the lease, the client can pay the final payment and keep the car.

An operating lease is an agreement to use and operate an asset without title to it. These assets include real estate, cars, aircraft, or industrial equipment. By leasing rather than owning, companies may not display these assets on their balance sheets, treating them as operating expenses.

  • An operating lease is an asset financing option for businesses that do not want to take on the risk of selling a vehicle at the end of the lease.

  • The client has access to the vehicle for a specified time period with regular monthly payments.

  • The client uses the car for the entire duration of the contract, paying monthly rent. These payments do not equal the total cost of the vehicle, as in a finance lease.

  • All risks are borne by the lessor as far as the car is returned to him at the end of the rental period.

  • The estimated residual value of the vehicle at the start of the lease remains at the end of the agreement.

  • The payments may include vehicle maintenance.

  • Ownership of the vehicle remains with the lessor. At the end of the lease, the transport is returned or a new lease is concluded.

  • Under the laws of some countries, operating leases must be reflected in the company's balance sheet.

Should you choose a finance lease or an operating lease?

A finance lease is suitable for the lease of assets that will be used over a long time period, with the ownership being granted to the user. The tenant does not incur large investment expenditures as in the purchase. The price of the car at the end of the rental period is more affordable since most of the cost is paid during the rental period.

Operating leases tend to have shorter lead times and are much more likely to retain the majority of the value at the end, so the rental payments will be lowered.

Operating leases are more suitable for short-term vehicle use. No transfer of ownership is expected.

If finance or operating lease seems appropriate for the needs of your transport business in Poland, inPL Group specialists will select the best option for cooperation with financial companies offering leasing services.

The inPL Group company works with car dealerships, large banks, and financial institutions that can provide leasing services to individuals and legal entities to start and develop a transport business in Poland.

We will provide you with a full range of services in support of obtaining an operating or financial lease of vehicles. The inPL Group is also an agent of an insurance company that deals with car insurance for trucks in Poland at attractive prices.

Leasing with the inPL Group is a smart alternative for organizations looking to reduce repair, maintenance, and staff costs. This allows you to free up capital that can be more effectively invested in the development of your business.

Advantages of leasing with inPL Group

  • Support for the entire lease term.

  • Compliance with all regulatory and legal norms of international law.

  • Low initial fees.

The higher the first payment, the lower the following monthly payments.

  • Low monthly payments.

When renting, you only pay for the depreciation of the car, so the monthly payments will be lowered.

  • Car insurance services.

If at the end of the rental period your car is in good condition, you just pass the keys and choose a new car. You don't need to sell the car or bargain when exchanging.


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