LOA / LDD: the price of monthly payments still on the rise!

If LOAs and LDDs benefit the customer on his budget, an increase in monthly payments will perhaps reverse this trend.

Even if rental with purchase option is today an extremely solution popularthe trend is perhaps reverse.

For what ? Because interest rates banking are increasing and monthly payments continues to increase, which removes everything interest of this device. Car Plus explains the reasons.

An increase of almost 1,500 euros over three years

From the beginnings of LOA (rental with purchase option) and LLD (long-term rental), the success of these practices has never been so high.

For good reason, the share rentals when purchasing a car is today by 80%when he was 20% in 2010.

Recipe of this success: these practices allow customers to pay monthly paymentswhich is much more bearable in terms of you budgetespecially during this period.

Unfortunately, the rates are constantly increasing, as demonstrated by our colleagues from Parisian. On average, the rise over three years is felt at 1,480 euros. No builder is not spared.

A trend that is taking hold

But why do we see such an increase among the different manufacturers? The reason : interest rates which exploded in just un an.

The builders in fact go through their financial organizations internal or specialists. For example, Leasys is owned by Stellantis and Crédit Agricole.

But it turns out that these financial organizations do not hesitate to increase rates with customers, after with themselves suffered a raise key borrowing rates of the European Central Bank.

The builders did not see customers flee for the moment but nevertheless a trend settles down. Indeed, the car drivers give up more and more finishes top of the line.

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