Comparing credit for company cars

Find out which credit type best suits your needs

Comparing credit for company cars

Find out which credit type best suits your needs

How do I finance my company car(s)?

Most entrepreneurs cannot imagine professional life without a company car anymore. After all, it's important for someone who runs a business to be mobile. Regardless of whether you're looking to buy, lease or rent a company car, or whether you're interested in additional services such as maintenance, repair and tyres, KBC can offer a bespoke solution to finance your vehicle (fleet). Each package has its own benefits.

To find out which credit type is best suited to your needs, we've provided a detailed comparison of five different options:

  Full service car leasing

Finance lease

Renting

Financial renting with

repair, maintenance and tyre service

 

Investment credit

 

Minimum credit amount None

10,000 EUR excl. VAT

10,000 EUR excl. VAT

None

None

Term

 

1 to 8 years

 

 

2 to 5 years

 

 

2 to 5 years

 

 

2 to 5 years

 

 

2 to 5 years
Kilometres

Max. 180,000 km for passenger vehicles

Max. 300,000 km for light-goods vehicles

Not applicable

Not applicable

Max. 180,000 km for passenger vehicles and light-goods vehicles

 

Not applicable

 

 

Interest rate

 

Fixed Fixed Fixed Fixed

 

Variable or fixed

 

 

Interest amount

 

Interest only on the outstanding principal

Interest only on the outstanding principal

Interest only on the outstanding principal

Interest only on the outstanding principal

Interest only on the amount drawn down

Pre-financing of VAT



+ pre-financing of taxes, insurance premiums and claims handling charges

100% financing

 


Own financial input required

 

Drawdowns

Not applicable

Can be drawn down in one lump sum. Payment by instalments to the supplier is possible

Can be drawn down in one lump sum. Payment by instalments to the supplier is possible

Not applicable

Can be drawn down in instalments or in one lump sum

 

Repayments 

 

Monthly lease invoice

 

Choice of repayment schedule and repayment frequency Choice of repayment schedule and repayment frequency

Monthly lease invoice

Choice of repayment schedule and repayment frequency, date of first repayment
Residual value ≥ 16% of the investment amount ≤ 15% of the investment amount ≥ 16% of the investment amount 20% fixed (of the investment amount)
Purchase option



No. Car returned at the end of the contract

 



Car can be purchased at its residual value at the end of the contract


Car can be purchased at its residual value at the end of the contract


Car can be purchased at its residual value at the end of the contract
Security

The object: the car(s)

The object: the car(s)

 

The object: the car(s)

The object: the car(s)

Depends on the credit amount and risk involved
Proof of investment upon drawdown

Invoice
Administrative work Carried out by KBC Autolease Carried out by KBC Lease Carried out by KBC Lease Carried out by KBC Lease Credit can be drawn down online via KBC Touch and/or KBC-Online for Business

Accounting treatment

On the income statement

Booked as expense

On the balance sheet

Capitalisation and depreciation

On the income statement

Booked as expense

On the income statement

Booked as expense

On the balance sheet

Capitalisation and depreciation

Additional info

Total service (financing, insurance, risk arrangement, repair, maintenance, tyres, etc.) to keep costs and risks under control. No residual value risk

Not applicable

Not applicable

Cost and risks of repair, maintenance and tyres kept under control. All services from official dealer Not applicable
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