Categories: News

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.

Read also :

Fuel: the State refuses to enrich itself at the expense of the French

Volvo: software update brings YouTube and Prime Video

Ligier license-free cars: the perfect alliance for the countryside and the city

Published by

Recent Posts

An incredible collection of 23 American coins found in Alabama

An incredible collection of 23 American coins found in Alabama

This collection is made up of many American sports cars as well as some muscle…

9 hours ago

He drives with a cat stuck in his hood!

After hearing meows under the hood, this young man came to the aid of the…

10 hours ago

The transformer is Mini Cooper in mini-bar!

This Mini Cooper is nothing like a normal car. It has been completely transformed to…

10 hours ago

Italy: watch out for these high fines if you go there!

In Italy, many changes to the highway code will come into force. Overview so as…

11 hours ago

Ecological penalty 2024: what new models will be entitled to it?

With the new ecological penalty in 2024, new models will be affected. Here are the…

12 hours ago

Dacia: already 8 million vehicles sold since 2004

The Romanian manufacturer Dacia has just surpassed the symbolic milestone of 8 million vehicles sold,…

13 hours ago

Fuel: which brands sell at cost price?

Failing to agree to distribute their fuel at a loss, several major retailers have agreed…

14 hours ago