Long-term renting
Simplify your fleet management
You want a company car and you want to simplify your administrative management ? Long-term renting is the ideal solution for you.
Drive with an easy mind
Driving without worries ? It is possible thanks to MyWay Finance. You entrust your complete administration to us : the taxes, the registration, .
Every month, you receive a clear invoice by vehicle or for your entire fleet. In this way, you see what you pay at a simple glance. Even better : you don't put yourself into debts because the renting is 100% tax-deductible.
You ask, we calculate
You choose your vehicle. You work out the terms and the basic mileage, as well as the services you want to add to your agreement. We calculate your monthly rent.
As soon as you agree on our proposal, we reserve your car and register it. Then you pay the rent, which was agreed upon in your agreement.
Even more peace of mind
Our basic concept guarantees you peace of mind and a maximum of financial freedom. Keep it safe and complete the rent with below options :
- Maintenance, mechanical repairs and tyres ;
- MyWay Finance Assistance ;
- Insurances and cover material damage ;
- Replacement car ;
- Car-Wash.
Your fiscal advantage
Whether you are liable for VAT or not, is of no importance at all. In both cases, long-term renting results in a financial advantage for you.
For more information
Financial leasing
Buy at an interesting price at the expiry date of the agreement
The leasing is more interesting than renting if you intend to buy your car when the agreement expires.
Interesting purchase option
At the expiry date of your leasing agreement, you pay the purchase option between 3 and 15%. You have indeed already refunded 85 to 97% of the value of the vehicle during the term of your agreement.
No purchase obligation
It is difficult to tell fortunes. Don't worry. At the expiry date of your agreement, you are completely free to choose :
- You buy the car and you pay the purchase option (and the VAT on this sum) ;
- You take back your car in leasing at new terms of duration and rent ;
- You restore the vehicle to us ;
- You sell the vehicle to the person that you referred to beforehand in the agreement.
An investment, not a renting
If you opt for the financial Leasing, the fiscal administration does not consider you as a hirer, but as the « economic owner of the vehicle.
The tax authorities consider Financial Leasing an investment rather than a form of renting. You treat your monthly fees like loan repayments in your accounts. You need to adhere to the deadlines imposed by the tax authorities in order to do this.
You don’t pre-finance the VAT
What advantage does Financial Leasing have over a standard bank loan? You don’t need to pre-finance the VAT… because you aren’t buying the vehicle. In fact, we do it for you. That way, you can stagger your VAT payments in line with the lease payments.
You ask, we calculate
Choose your car. You determine the purchase option in terms of duration and percentage, as well as the services that you want to benefit from (maintenance, roadside assistance, insurance, etc.). We calculate your monthly investment.
As soon as you agree to our offer, we reserve your car and register it in your name. You pay the registration tax and road tax. After that, you only pay the monthly leasing cost.
More peace of mind
Financial Leasing gives you peace of mind and maximum financial freedom. Play it safe by supplementing the basic lease with the following options:
- Maintenance, mechanical repairs and tyres;
- MyWay Finance Assistance;
- Insurance, including material damage.
My Way/Econoway Classic Financing
This is a form of hire purchase with the advantage of letting you choose the duration
of the contract from 2 to 5 years (from 2 to 3 years for Econoway).
The scheme has two conditions:
- A minimum down-payment of 15% of the price of the vehicle must be paid on delivery;
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Belgian law imposes a maximum duration for the contract depending on the amount
financed
In practice
My Way Guarantee
When buying a My Way second-hand car, you enjoy the legal guarantee of one year with your My Way Authorized Distributor.
This guarantee covers all kinds of damage (parts and working hours), with exception of wear parts, part of a maintenance service, damage after a body-work repair, which was not executed according to the prescriptions of the builder and accessories that were assembled afterwards, as well as the working hours concerned.
My Way guarantee extention
When you buy the car, you have the possibility to extend the My Way guarantee through Europ Assistance.
This extension contains :
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The possibility to execute possible repairs under guarantee with a recognized dealer of your choice from the official network of the car make in question
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An unlimited mileage coverage during the entire repair period, as well for private persons as for companies. This is valid for all makes, also for vans (maximum 5 ton).
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Coverage throughout Europe
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Mobility assistance round the clock. This assistance covers all kinds of breakdown, among which the loss of keys, the fact of being without fuel or filling up with the wrong kind of fuel, a flat tyre.
Performances compensated in Belgium :
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Breakdown repair on the spot
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Towing of the car to the wanted dealer
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Transport of the passengers home or to the garage
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Replacement car (maximum 3 working days).
Performances compensated abroad :
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Breakdown repair on the spot
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Towing of the car to the nearest dealer of the make
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Continuation of the trip for the passengers or a replacement car (maximum 2 days).
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The putting at the disposal of financial means if necessary.
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An extension up to 2 years is possible on request
It is difficult to make a detailed enumeration, all exceptions included. That is the reason why we think it is important to refer you to our agreement with Europ Assistance. This agreement is available and can be requested in our My Way Network.