Leasing or a loan: which suits you better
, By Николай1 min read
With both leasing and a loan you pay for the car in instalments. The difference is whose car it is while you pay.
Leasing
The car belongs to the lessor until you pay the last instalment. The down payment is usually lower, and for a company the payments count as an expense.
A loan
The car is yours from the first day, and the bank lends you the money. A higher income or a guarantor is often required.
The calculator on the site
It shows an estimated payment — not a credit offer. The exact terms and the APR come from the lessor or the bank.