7+1 Myths about the flexible leasing of instacar.
There is no leasing without deposit!
instacar is the synonym for the modern leasing of new or used cars. In the traditional leasing process, you need a huge deposit equal to 20% of the vehicle's total value. With instacar, a deposit will never be obligatory. You only have to choose the car of your preference and it will be ready in 2-10 days, without any hidden charges.
There is no leasing without down payment, as long as there is instastart
With instacar, the excessive deposits are replaced by a starting cost, consisting of two parts: a) your registration to the service, and b) instastart. Your registration (€270 + VAT) is a one-time-only and forever deal. The instastart is equal to one or two monthly leases depending on the subscription package you choose and is refundable in the form of a monthly lease under certain conditions. Finally, if you wish to prepay an amount, this will ensure a more favorable lease for the 12- or 24-month subscription packages. You can find out more in the FAQs.
instacar is no different from traditional leasing services
In traditional leasing you are committed to strict contracts, with a usual duration of either 36 or 48 months. In addition, they don’t give you the option to switch vehicles according to your needs. On the other hand, at instacar we operate based on a subscription model. You have no strings attached, you keep the vehicle for as long as you wish and you can return it, switch it or even buy it whenever you want.
There are no leasing services for individuals without deposit
Remember the days when leasing was only for business people? With instacar, this belongs in the distant past. As a private individual, you can choose a car from our fleet and make it yours without the excessive down payment of 20%, as in traditional leasing. With instacar, you will only have to pay an initial amount, namely the registration (270€ + VAT) that lasts forever, and the instastart, an amount equal to one or two monthly leases, which is returned to you in the form of free lease under certain conditions. You can find out more in the FAQs.
There is no leasing without a bank
If bank involvement in traditional leasing is a concern for you, then you will be glad to know that banks have no intervention in instacar’s services. We just carry out a brief and typical financial check, and in case that your request is approved, you’ll be ready to collect your car. The only documentation that we need for the financial check, can be found here.
It is not possible to buy a car in installments without a bank
The moment you start leasing an instacar, you are already eligible for buying it whenever you want. The price will be competitive according to the vehicle’s market value. In addition, part of your monthly subscriptions will be taken into account when we form the final price. While you can’t buy a car with installments, but without bank intervention, you can take advantage of instacar’s services and make it happen.
Leasing without a bank does not concern small and medium enterprises
Flexible instacar leasing refers even to single-person enterprises. Don’t worry, you will not be asked for a long list of supportive documents. For the typical financial check, which we conduct without bank intervention, we need slightly different documentation depending on the legal form of each business. In a single-person enterprise we’ll need an E3 document and a tax statement of the legal representative, while in a General Partnership more documents will be needed as an E3, a N document, and a tax statement of the general partner. In case that you need to take a thorough look at the required documentation for businesses and individuals, check here.
Leasing without a bank does not apply to used cars
Are you uncertain about buying a used car? You can then rely on our services! Just choose a used vehicle from our fleet and we vouch that it will be like a brand new one. At the same time you will be benefiting from all leasing amenities such as free maintenance, circulation tax, and no-fault insurance. instacar takes any potential risk of a used car and you just enjoy driving a used vehicle in a brand new condition, for as long as you want!
How does instacar leasing work?
What are the initial costs for instacar leasing?
Is leasing economically advantageous?
Why lease a car from instacar?
- Mixed security coverage
- Provision of 24-hour roadside assistance
- Traffic Fees Paid
- Change of vehicle
- Guaranteed tire change
- Contract termination without penalty
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