Alejando Aradia

Greetings my name is Alejando and I am dedicated to the control of the contract of lease of vehicles and always I make know when a contract is realized that usually demands a minimum duration of two years without being able to be revoked, it allows the option of purchase of the vehicle, at the end of the agreed duration.

At the end of the lease, the lessee has three possibilities:

Obtain ownership of the financed vehicle by exercising the purchase option for a residual value.

Sign a new contract on the same vehicle.

Return the vehicle to the leasing entity that has lent it to him.

In general terms, vehicle leasing is intended for companies, stores and professionals. In addition to financing, vehicle leasing usually offers a more advantageous tax treatment than other financing formulas.

In practical terms, vehicle leasing is a financial leasing contract whose purpose is to cede the use of vehicles for the development of an economic activity in exchange for a consideration consisting of the payment of rent periodically in the form of a lease for a specific period of time. The insurance of the leased goods also provides a system of coverage that guarantees material damages and losses suffered by the insured goods during the duration of the leasing operation.