Despite the fact that the tax benefits that are in the legislation are not in demand by leasing for legal entities during the conclusion of the contract, then leasing for frequent persons has its advantages, which will now be discussed.
Advantages of leasing for individuals
During leasing, for individuals, quite tough requirements are presented to the borrower than during the acquisition of a bank loan. If we take into account the current legislation, then the leasing agreement is considered the property of a certain leasing company. In other words, if, for example, a car leasing agreement is concluded, then the leasing company will act as the owner of the car, and the lessee can use the machine exclusively on the basis of a power of attorney.
For this period of time, there is a highly developed car loan market in the segment of the acquisition of cars. Buy on credit commercial transport – tractors, trucks, trailer, dump trucks – now no longer allowed. The only thing where an individual can find funds for the purchase of freight transport is a consumer loan. However, the amount of this loan for the purchase is not enough. In addition, the term of consumer lending for which the leasing agreement is concluded is much lower. An alternative to the leasing of trucks can be long -term rental. This is due to the fact that the rental of trucks is much more expensive than leasing, and at the end of the contract, all property can be transported into the hands of the lessee. There has long been a leasing service of a commercial car. Note that the most popular leasing object for many individuals is a tractor and a trailer, in other words, a coupling.