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Published August 20, 2024 by Pablo Rivera

How to Calculate Car Leasing?

How to Calculate the Cost of Car Renting?

Car renting is an increasingly popular option thanks to its tax advantages, convenience, and the elimination of unexpected expenses such as maintenance. However, one of the most common questions is: How is the cost of renting calculated? In this guide, we explain the key factors that influence the price.

How Much Does a Renting Fee Cost?

The price for a rented car varies based on several factors. On average:

  • A compact car costs between 200 and 300 euros per month.
  • A high-end car can exceed 500 euros per month.

Unlike a traditional purchase, the monthly renting fee includes all services (insurance, maintenance, roadside assistance, taxes), which can result in significant savings.

Factors That Influence the Cost of Renting

  1. 1.
    Car Value: The higher the value of the vehicle, the higher the fee. However, high-end cars may include better maintenance conditions and additional services.
  2. 2.
    Contract Duration: Contracts usually range from 12 to 60 months. The longer the contract, the lower the monthly fee, but the total cost will be higher.
  3. 3.
    Annual Mileage: Renting companies offer plans with mileage limits. If you exceed the agreed limit, additional costs may apply.
  4. 4.
    Included Services: Check what your contract includes: insurance, maintenance, inspections, tire changes, taxes. These can make a significant difference in the final price.
  5. 5.
    Option to Repurchase or Renew: Some companies allow you to purchase the car at the end of the contract at a reduced price. If you plan to keep the vehicle, this factor may be relevant.

Flexible Renting? Discover the Best Option

At Malco Rent a Car, we offer Flexible Renting, which allows you to return the car at any time or change the model without penalties.

Whether you are an individual or looking for renting solutions for businesses, we have the perfect option for you.