Renting a car ( on lease )
#1
Renting a car ( on lease )
Hi there,
We had a question regards car rental in the Costa Del Sol. We want to keep our inital costs down in Spain, so presume a second hand car ( paid for monthly is the best bet to get a cheap car deal )
We dont need anything fancy, just a pleasant car to drive around. What are the different purchase options on buying a car in Spain. Do they do the monthly lease option like in the UK. Or is there a long term rental option ?
Wondered if anyone could give me a link to a website ( through private message if need be ) that showed how much we would be expecting to pay for a medium sized car lease for the month. Or if anyone has a rough idea as to prices. Also how do car sales companies organise this, is it subject to credit checks as per the UK, as unsure how this would work, as we will be new residents??
Thankyou xx
We had a question regards car rental in the Costa Del Sol. We want to keep our inital costs down in Spain, so presume a second hand car ( paid for monthly is the best bet to get a cheap car deal )
We dont need anything fancy, just a pleasant car to drive around. What are the different purchase options on buying a car in Spain. Do they do the monthly lease option like in the UK. Or is there a long term rental option ?
Wondered if anyone could give me a link to a website ( through private message if need be ) that showed how much we would be expecting to pay for a medium sized car lease for the month. Or if anyone has a rough idea as to prices. Also how do car sales companies organise this, is it subject to credit checks as per the UK, as unsure how this would work, as we will be new residents??
Thankyou xx
#2
Re: Renting a car ( on lease )
Quite a few long term lease type places advertised in local papers in the area town crier, costa del sol news etc. Saw one this morning an Astra 350 euros a month what seems a good deal.
#3
BE Forum Addict
Joined: Jul 2007
Location: Finally now living in Lo Marabu, Rojales, and it feels like home
Posts: 3,569
Re: Renting a car ( on lease )
Hi there,
We had a question regards car rental in the Costa Del Sol. We want to keep our inital costs down in Spain, so presume a second hand car ( paid for monthly is the best bet to get a cheap car deal )
We dont need anything fancy, just a pleasant car to drive around. What are the different purchase options on buying a car in Spain. Do they do the monthly lease option like in the UK. Or is there a long term rental option ?
Wondered if anyone could give me a link to a website ( through private message if need be ) that showed how much we would be expecting to pay for a medium sized car lease for the month. Or if anyone has a rough idea as to prices. Also how do car sales companies organise this, is it subject to credit checks as per the UK, as unsure how this would work, as we will be new residents??
Thankyou xx
We had a question regards car rental in the Costa Del Sol. We want to keep our inital costs down in Spain, so presume a second hand car ( paid for monthly is the best bet to get a cheap car deal )
We dont need anything fancy, just a pleasant car to drive around. What are the different purchase options on buying a car in Spain. Do they do the monthly lease option like in the UK. Or is there a long term rental option ?
Wondered if anyone could give me a link to a website ( through private message if need be ) that showed how much we would be expecting to pay for a medium sized car lease for the month. Or if anyone has a rough idea as to prices. Also how do car sales companies organise this, is it subject to credit checks as per the UK, as unsure how this would work, as we will be new residents??
Thankyou xx
Your credit in the UK will be irellivant unless you want to show it, as far as im still aware under data protection laws and other issues the UK Companies are not supposed to share information, however I have read on other fourms they do try when assessing Mortgage applications.
For me I will benefit from this, but I can look into it more if needed.
#4
Re: Renting a car ( on lease )
You can get a car from AugiraCrown monthly pretty cheap, you can pay around 300 Euros pm. for a ford fiesta/c3/micra/focus type vehicle. Sometimes less, if you choose to take a smaller car. This includes insurance and free multiple drivers. You can extend for longer, but it works out cheaper if you are prepared to swap monthly.
#5
Re: Renting a car ( on lease )
You can get a car from AugiraCrown monthly pretty cheap, you can pay around 300 Euros pm. for a ford fiesta/c3/micra/focus type vehicle. Sometimes less, if you choose to take a smaller car. This includes insurance and free multiple drivers. You can extend for longer, but it works out cheaper if you are prepared to swap monthly.
You will need to purchase insurance though unless there are any offers from the dealership at the time.
#6
BE Forum Addict
Joined: Jul 2007
Location: Finally now living in Lo Marabu, Rojales, and it feels like home
Posts: 3,569
Re: Renting a car ( on lease )
If you only want a small car like a Fiesta or Corsa then getting a new one over the hoops for 5 years probably wouldn't cost much more (if any more at all) than this... and it is yours. even if it did cost a little more it would probably still be worth paying the difference and owning the car.
You will need to purchase insurance though unless there are any offers from the dealership at the time.
You will need to purchase insurance though unless there are any offers from the dealership at the time.
#7
Re: Renting a car ( on lease )
I am not so sure that it is - we paid cash for our car but my employer wanted to change their vehicle and as they had not been trading for a full year the finance was not available to them
#8
BE Forum Addict
Joined: Jul 2006
Location: Leigh, Lancs. Ex Valencia!
Posts: 1,778
Re: Renting a car ( on lease )
You have to remember that the ability to buy things on credit here in Spain has only become widespread in the last couple of years. Mortgages and Bank loans will rely on proof of current earnings or a sound business plan that shows the ability to repay. Business and car loans are much easier to obtain if you own a property here, but obviously the bank will take a charge on the property. I am not sure how car finance works here, although you do see the ads for €99 deposit and €99 a month for something like a Daewoo in the press. There is a twice weekly paper in Valencia called Traijin which is a bit like Loot in the UK for cars and property for sale, maybe worth a look online http://www.trajin.es or http://www.segundamano.es/ .
Regards
Tim
Regards
Tim
#9
Re: Renting a car ( on lease )
So there could be different options that might be open for you.
Last edited by Econ; Mar 18th 2008 at 2:01 pm.
#10
BE Forum Addict
Joined: Jul 2007
Location: Finally now living in Lo Marabu, Rojales, and it feels like home
Posts: 3,569
Re: Renting a car ( on lease )
I will have a bash at leasing a motor when I get established in Spain, I think the thing for me is to keep any type of monthly payments down to a minimum, give it 18 month's 2 years and see how it is.
There is only 2 real big things holding me back at the moment and the whole vehicle problem is one of them