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22 October 2022

Paying for a second-hand car in installments? Yes, you can!

For most people, a car is a significant expense, even if it’s a used car. That’s why it’s great to know that at Occasion Lease Totaal, you can pay the amount in installments through a financial lease for private individuals.

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How does paying in installments work?

When you buy a used car from us, you don’t have to pay the purchase amount all at once. Instead, you pay it off along with a small interest charge in monthly installments. This is what we call a financial lease. The monthly payment, term, and interest are established in a lease contract, so you know exactly where you stand. Wondering when you officially own the car? As soon as everything is paid off, the car is yours. But the car is fully in your name from the very first moment.

What monthly payment will I need to make?

That, of course, depends on the purchase price of your chosen car. At Occasion Lease, you’ll find used cars to suit every budget. The term of the lease contract also influences the monthly payment: the longer the term, the lower the monthly payment. You can choose how long it takes to pay off. Additionally, making a down payment can reduce your monthly payment—our 50/50 deal is a good option here. For instance, you could use the money received from trading in your current car.

What are the benefits of paying in installments?

There are many advantages to paying for a car in installments. Here’s a summary:

  • When you lease, you don’t have to pay the purchase amount all at once.
  • During the lease period, you are already the economic owner of the car, and at the end of the lease contract, the car is formally yours.
  • You decide the lease term, which can range from 12 to 72 months.
  • By making a down payment, you can make the lease amount even more attractive.

Interested in taking a look?

At Occasion Lease, we offer a wide selection of over 300 quality used cars. Our staff in Eindhoven and Helmond provide expert and honest advice. Plus, you can count on the excellent service we’re known for—we can even deliver your car to your home. Do you have questions about our selection or want to know what to do if you’re no longer satisfied with the car? Take a look at our frequently asked questions!

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