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Published September 17, 2024 by Pablo Rivera
Renting for the Self-Employed: A Hassle-Free Solution
Renting for the self-employed is an ideal option for professionals who need a vehicle without worrying about additional expenses like maintenance, insurance, or taxes. This modality allows you to rent a car long-term with all services included, streamlining management and allowing you to deduct VAT.
How does renting for the self-employed work?
Car renting for self-employed individuals involves renting a vehicle for a set period (usually between 2 and 5 years) in exchange for a fixed monthly fee. This fee includes:
- Comprehensive insurance.
- Maintenance and inspections.
- Taxes and roadside assistance.
At the end of the contract, you can renew your vehicle, switch it for another model, or simply return it. In addition, with flexible renting, you can adapt your car to the changing needs of your business.
Advantages of renting for self-employed individuals
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VAT deduction: You can deduct the VAT from your monthly fees, resulting in significant tax savings.
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Fixed monthly fee: No unexpected costs. Everything is included in a single monthly payment.
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Vehicle renewal: You can get a brand-new car at the end of the contract.
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Simplified management: Forget about insurance, taxes, and maintenance procedures.
Renting or leasing for the self-employed?
Although both options let you use a vehicle without buying it, leasing is intended for those who wish to purchase the car at the end of the contract. In contrast, renting includes all services and is designed for people who want convenience and flexibility without worrying about additional costs.
If you want convenience and total cost control, renting is the best option.
Discover flexible renting with Malco Rent a Car
At Malco Rent a Car, we offer flexible renting solutions for both self-employed individuals and companies.
We also offer renting for private individuals , for those who want all the advantages without buying a car.