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Renting vs Monthly Car Rental: know the main differences  


As individuals and companies look for more sustainable options in cars, concepts such as renting and monthly car rental have been increasingly present in consumers' choices. But what is the difference between the two? We explain it all to you below!

Renting: main characteristics 

A leasing contract is governed by a pre-defined period and mileage, against payment of a monthly rent. In short, it is a type of loan, limited to several years and kilometres.  

In the renting modality, you only pay a monthly amount for the use of the vehicle and all the maintenance services, fuel, cleaning, and possible extra expenses. It may also be necessary to pay an entrance value, for insurance and administrative issues. The costs related to the vehicle management, such as insurance, IUC, among others, are the responsibility of the renting company.   

In terms of contractual period, this type of modality has a minimum period of 1 year and maximum of 5 years. At the end of this period, you can choose to buy the vehicle, paying the remaining value for your purchase, or return it.  

In a renting contract, you have the advantage of not having to worry about paying taxes and fees and of being able to choose the model of car you want to rent. However, you will not be able to make the reservation online and you run the risk of not having the car you want immediately. 
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image Renting: main characteristics 

Monthly car rental: main features 

With a monthly car rental, like the one you find at Xtracars, you have a solution that is highly adaptable to your reality, whether you are a company or an individual. It is a service focused on rentals of 1 to 12 months, with a high level of flexibility.  

As in renting, the client only pays a monthly amount for the use of the vehicle and all associated services. The renting company is responsible for vehicle management costs (insurance, IUC, etc.). At the end of the contract, the customer must return the vehicle.  

The Xtracars monthly car rental solution allows you to make your reservation online, with immediate availability, use the car for as long as you need it and even return it sooner, if you no longer need it. You can also change cars during your contract if you want to, at no cost. At the end of the contract, you have no contractual obligation to the vehicle: you can just return it.  

On the other hand, you do not have the chance to choose the specific model of car you want, and you do not have an account manager for your rental. 
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image Monthly car rental: main features 
Immediate availability
Travel assistance
Maintenance and Repairs
Initial Entry
Possibility of purchase at the end of the contract
Account Manager
100% digital reservation
Insurance
Choice of Brand and Model
Direct Debit
Renting
Monthly Car Rental
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Which is the best option for you: Renting or Monthly Car Rental?  

 
Although they present many similarities, renting and monthly car rental present themselves as different modalities, which offer different purposes to those who seek them. 

From flexibility to commitment: which one will it be?

If your goal is to buy a car, but you are still trying to decide which option is best for you, renting may be the option you are looking for, due to the possibility of buying it at the end of the contract. If, on the other hand, you are looking for more flexibility for your journeys, or for your company's journeys, choosing Xtracars monthly car rental is the right solution for you.  

At Xtracars, you will find a 100% digital and flexible process. No commitments, no worries. If you identify with this, what are you waiting for? Find out more about our flexible car rental! 
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image From flexibility to commitment: which one will it be?

Still have questions about renting and monthly car rental?

Explore our questions and clear all your doubts. Xtracars is here to help you!

Do I have the option of renting at Xtracars?

No. At Xtracars you have only monthly renting option.  

Can a renting contract become a monthly car rental contract and vice-versa?

No, each one of the modalities has its own particularities. When you sign a renting or monthly rental contract, that will be the contract that you will have to follow until the end.  

How does the early return work?  

Xtracars lets you return the car before the contract is finished, adjusting the amount for the actual days of use according to the respective rate. 

Xtracars monthly car rental: simple and practical

Renting or monthly car rental?  

Now that you know the differences between the two modalities, it is time to make your choice.  If you choose monthly rental, you can always count on the Xtracars service, adapted to you and your needs.