Short Term Lease Benefit

Short-term leases have significant benefits for lessees. They are viable options for those on an extended holiday or a business trip that lasts a few months.The Benefits of Short-Term Leases

1. Low rates

Short-term lease rates are much lower than those for other leases. Finance leases require lessees to pay a high amount per month to use a vehicle.

Par Leasing offers affordable short term lease prices so that lessees can rent the perfect cars for their vacations.

2. No Paperwork

Setting up a short-term lease requires minimal paperwork. Lessees will not have to pore through endless documents or sign countless forms. Par Leasing takes care of the administration for them.

3. Travel freely

Furthermore, a mini-lease allows drivers to travel as they please while they are on vacation. They may drive their cars to view the 12 Apostles stone formation, at the outskirts of Melbourne, without having to document their trips. Lessees have limited liability for the rented vehicles and may drive without worries.

4. Roadside assistance

Being stuck on a major highway while on a holiday or a business trip is frustrating. Drivers find it a challenge to get help when they need it the most. Par Leasing removes this frustration. It provides 24-hour roadside assistance. Helpful mechanics are available, at all hours.

5. Flexible duration

Also, drivers can rent vehicles for suitable short-term periods. Par Leasing does not place rigid restrictions on the use of cars.

6. Less vehicle maintenance

Drivers have fewer service and maintenance fees to pay because they use vehicles for a short time. Do note that they will still have to pay if there is irreparable damage to the cars.

7. Wide vehicle selection

Everyone wishes to drive a dream car, even if only for a short time. Par Leasing provides lessees with a wide array of vehicles. They can use those they love, at affordable rates.

What to Consider Before Signing A Short Term Lease Contract

There are elements you should consider before committing to a short-term car lease.

1. A Lease Transfer

It is possible to continue leasing a car on behalf of another lessee. Such an arrangement may suit a lessee who only needs to use a vehicle for a while and wants to avoid unnecessary costs.

2. Consider Mileage

Lessees can drive for a set number of miles, as stipulated in their lease contracts. They should remember this before renting cars.

3. Gap Insurance

Consider gap insurance, which covers the cost of a vehicle should it become lost or damaged.

4. Hidden Costs

Many financiers use confusing terms to explain the leasing process, which may cause lessees to pay more for their leases than they should. We explain leasing contracts in a straightforward, honest manner. There are no hidden costs.

5. Penalties

There is a penalty for terminating a lease agreement, even if it is only for a short duration. Lessees should read their contracts and be aware of liabilities.

6. No Customisation

All drivers want cars that suit their specific needs. That is not always possible with vehicles rented under a short-term lease because they are returnable. Lessees should not fit them with accessories.

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