{"id":93690,"date":"2024-09-19T13:57:55","date_gmt":"2024-09-19T11:57:55","guid":{"rendered":"https:\/\/dexxter.be\/leasing-or-buying-a-car-as-a-self-employed-person\/"},"modified":"2026-05-15T13:18:59","modified_gmt":"2026-05-15T11:18:59","slug":"leasing-or-buying-a-car-as-a-self-employed-person","status":"publish","type":"post","link":"https:\/\/dexxter.be\/en\/blog\/leasing-or-buying-a-car-as-a-self-employed-person\/","title":{"rendered":"Leasing or buying a car as a self-employed person?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">If you are a self-employed entrepreneur, you probably need a car to run your company. But which is more advantageous: leasing a car or buying one? In this article, we will compare the different advantages and disadvantages of both options so you can make a decision.<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The difference between leasing or buying a car as a self-employed person?<br><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The difference between leasing and buying a car lies in <strong>ownership <\/strong>and <strong>financial obligations<\/strong>. When <strong>buying <\/strong>a car, you become the <strong>owner after making payments<\/strong>. Buying offers full control and value accumulation, but requires<strong> higher initial costs and ongoing maintenance<\/strong>.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Leasing <\/strong>, on the other hand, offers <strong>lower monthly payments<\/strong> and <strong>less worry about maintenance<\/strong>, but you <strong>do not<\/strong> build up equity and have to return the car at the end of the lease, in an operating or short lease. View <a href=\"http:\/\/dexxter.be\/en\/what-types-of-car-leasing-are-there-and-which-do-you-choose-as-a-self-employed-person\/\" data-type=\"post\" data-id=\"55338\">the different leasing options here<\/a>.<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The pros and cons of car leasing<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>\u2705<strong><strong>Advantages<\/strong><\/strong><\/td><td>\u274c<strong><strong>Cons<\/strong><\/strong><\/td><\/tr><tr><td>Predictable monthly costs<\/td><td>Higher monthly costs<\/td><\/tr><tr><td>No major investment required<\/td><td>Contractual obligations<\/td><\/tr><tr><td>Including maintenance and repairs<\/td><td>No immediate ownership<\/td><\/tr><tr><td>No worries about depreciation<\/td><td>Potential extra costs (more driving than expected)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n<style>.kb-row-layout-id55188_a2d82b-b3 > .kt-row-column-wrap{align-content:center;}:where(.kb-row-layout-id55188_a2d82b-b3 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:center;}.kb-row-layout-id55188_a2d82b-b3 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);max-width:826px;margin-left:auto;margin-right:auto;padding-top:var(--global-kb-spacing-sm, 1.5rem);padding-right:var(--global-kb-spacing-md, 2rem);padding-bottom:var(--global-kb-spacing-sm, 1.5rem);padding-left:var(--global-kb-spacing-md, 2rem);grid-template-columns:minmax(0, calc(30% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)))minmax(0, calc(70% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)));}.kb-row-layout-id55188_a2d82b-b3{border-top-left-radius:20px;border-top-right-radius:20px;border-bottom-right-radius:20px;border-bottom-left-radius:20px;overflow:clip;isolation:isolate;}.kb-row-layout-id55188_a2d82b-b3 > .kt-row-layout-overlay{border-top-left-radius:20px;border-top-right-radius:20px;border-bottom-right-radius:20px;border-bottom-left-radius:20px;}.kb-row-layout-id55188_a2d82b-b3{background-color:#f0f4ff;}.kb-row-layout-id55188_a2d82b-b3 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id55188_a2d82b-b3 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr) minmax(0, 2fr);}}@media all and (max-width: 767px){.kb-row-layout-id55188_a2d82b-b3 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id55188_a2d82b-b3 alignnone kt-row-has-bg wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-row-layout-right-golden kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-middle\">\n<style>.kadence-column55188_27a03f-d8 > .kt-inside-inner-col{display:flex;}.kadence-column55188_27a03f-d8 > .kt-inside-inner-col,.kadence-column55188_27a03f-d8 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column55188_27a03f-d8 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column55188_27a03f-d8 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column55188_27a03f-d8 > .kt-inside-inner-col > .aligncenter{width:100%;}.kt-row-column-wrap > .kadence-column55188_27a03f-d8{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column55188_27a03f-d8{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column55188_27a03f-d8 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column55188_27a03f-d8 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column55188_27a03f-d8{position:relative;}@media all and (max-width: 1024px){.kt-row-column-wrap > 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.kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column55188_27a03f-d8 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column55188_27a03f-d8\"><div class=\"kt-inside-inner-col\">\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/dexxter.be\/wp-content\/uploads\/2023\/04\/Tips-template-27.png\" alt=\"\" class=\"wp-image-28270\" srcset=\"https:\/\/dexxter.be\/wp-content\/uploads\/2023\/04\/Tips-template-27.png 300w, https:\/\/dexxter.be\/wp-content\/uploads\/2023\/04\/Tips-template-27-150x150.png 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/figure>\n<\/div><\/div>\n\n\n<style>.kadence-column55188_0a878b-3f > .kt-inside-inner-col,.kadence-column55188_0a878b-3f > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column55188_0a878b-3f > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column55188_0a878b-3f > .kt-inside-inner-col{flex-direction:column;}.kadence-column55188_0a878b-3f > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column55188_0a878b-3f > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column55188_0a878b-3f{position:relative;}@media all and (max-width: 1024px){.kadence-column55188_0a878b-3f > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column55188_0a878b-3f > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column55188_0a878b-3f\"><div class=\"kt-inside-inner-col\">\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>Tip:<\/strong><br><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">For more info, be sure to view our article on the <a href=\"http:\/\/dexxter.be\/en\/leasing-or-buying-a-car-as-a-self-employed-person\/\" data-type=\"post\" data-id=\"55188\">pros and cons of car leasing for a sole proprietor<\/a>!<\/p>\n<\/div><\/div>\n\n<\/div><\/div>\n\n\n<p class=\"wp-block-paragraph\">Buying a company car: the pros and cons<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>\u2705<strong><strong>Advantages<\/strong><\/strong><\/td><td>\u274c<strong><strong>Cons<\/strong><\/strong><\/td><\/tr><tr><td>Negotiation opportunities and offers<\/td><td>Maintenance and repair costs<\/td><\/tr><tr><td>Possibility to pay once<\/td><td>Large investment<\/td><\/tr><tr><td>You can personalise the car ?<\/td><td>Arrange insurance and road tax yourself<\/td><\/tr><tr><td>Sell the car when you want to<\/td><td>Value of car drops over time<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The difference in deductibility of costs<br><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There are also tax aspects to leasing or buying a car. When leasing a car <strong>, lease costs are usually deductible as business expenses<\/strong>. This means you have to pay less tax.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When <strong>buying a car, the purchase price and the cost of maintenance, insurance and road tax are also deductible as business expenses<\/strong>. But there are limits to how much you can deduct, depending on the car&#8217;s CO2 emissions and the type of fuel.<\/p>\n\n\n<style>.kb-row-layout-id55188_afbac1-5a > .kt-row-column-wrap{align-content:center;}:where(.kb-row-layout-id55188_afbac1-5a > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:center;}.kb-row-layout-id55188_afbac1-5a > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);max-width:826px;margin-left:auto;margin-right:auto;padding-top:var(--global-kb-spacing-sm, 1.5rem);padding-right:var(--global-kb-spacing-md, 2rem);padding-bottom:var(--global-kb-spacing-sm, 1.5rem);padding-left:var(--global-kb-spacing-md, 2rem);grid-template-columns:minmax(0, calc(30% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)))minmax(0, calc(70% - ((var(--global-kb-gap-md, 2rem) * 1 )\/2)));}.kb-row-layout-id55188_afbac1-5a{border-top-left-radius:20px;border-top-right-radius:20px;border-bottom-right-radius:20px;border-bottom-left-radius:20px;overflow:clip;isolation:isolate;}.kb-row-layout-id55188_afbac1-5a > .kt-row-layout-overlay{border-top-left-radius:20px;border-top-right-radius:20px;border-bottom-right-radius:20px;border-bottom-left-radius:20px;}.kb-row-layout-id55188_afbac1-5a{background-color:#f0f4ff;}.kb-row-layout-id55188_afbac1-5a > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id55188_afbac1-5a > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr) minmax(0, 2fr);}}@media all and (max-width: 767px){.kb-row-layout-id55188_afbac1-5a > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id55188_afbac1-5a alignnone kt-row-has-bg wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-row-layout-right-golden kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-middle\">\n<style>.kadence-column55188_2ea236-67 > .kt-inside-inner-col{display:flex;}.kadence-column55188_2ea236-67 > .kt-inside-inner-col,.kadence-column55188_2ea236-67 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column55188_2ea236-67 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column55188_2ea236-67 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column55188_2ea236-67 > .kt-inside-inner-col > .aligncenter{width:100%;}.kt-row-column-wrap > .kadence-column55188_2ea236-67{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column55188_2ea236-67{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column55188_2ea236-67 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column55188_2ea236-67 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column55188_2ea236-67{position:relative;}@media all and (max-width: 1024px){.kt-row-column-wrap > .kadence-column55188_2ea236-67{align-self:center;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column55188_2ea236-67{align-self:auto;}}@media all and (max-width: 1024px){.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column55188_2ea236-67 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 1024px){.kadence-column55188_2ea236-67 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kt-row-column-wrap > .kadence-column55188_2ea236-67{align-self:center;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column55188_2ea236-67{align-self:auto;}.kt-inner-column-height-full:not(.kt-has-1-columns) > .wp-block-kadence-column.kadence-column55188_2ea236-67 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}.kadence-column55188_2ea236-67 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column55188_2ea236-67\"><div class=\"kt-inside-inner-col\">\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dexxter.be\/wp-content\/uploads\/2022\/06\/Tips-template-28.png\" alt=\"\" class=\"wp-image-28304\"><\/figure>\n<\/div><\/div>\n\n\n<style>.kadence-column55188_79a62c-7c > .kt-inside-inner-col,.kadence-column55188_79a62c-7c > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column55188_79a62c-7c > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column55188_79a62c-7c > .kt-inside-inner-col{flex-direction:column;}.kadence-column55188_79a62c-7c > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column55188_79a62c-7c > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column55188_79a62c-7c{position:relative;}@media all and (max-width: 1024px){.kadence-column55188_79a62c-7c > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column55188_79a62c-7c > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column55188_79a62c-7c\"><div class=\"kt-inside-inner-col\">\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>Tip:<\/strong><br><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">Wondering which expenses you can still deduct as self-employed? Then view our <a href=\"http:\/\/dexxter.be\/en\/https-dexxter-deductible-professional-expenses-accounting\/\" data-type=\"post\" data-id=\"54336\">list of deductible professional expenses for your accounts<\/a>!<\/p>\n<\/div><\/div>\n\n<\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\">Lease or borrow a car?<br><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Besides leasing and buying, you can also consider borrowing a car. This means you take out a loan to pay for the car. The car is then yours, but you have to pay back the loan with interest.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The advantage of borrowing is that you can <strong>buy<\/strong> the car <strong>without having to pay the full purchase price in one go<\/strong>. The disadvantage is that you have to pay interest on the loan, which <strong>increases the total cost of the car<\/strong>.<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Which is more advantageous car leasing or buying? \ud83d\udd0e<br><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you are a sole proprietor, the choice between leasing or buying depends on your personal and business needs. Leasing can be a good option if you need a new car regularly and don&#8217;t want to worry about maintenance and insurance. Buying may be a better option if you want to keep the car for a long period and you want to have full control over it.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is important to consider all costs before making a decision. This includes the purchase price or lease cost, the cost of maintenance and insurance, and the tax implications.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you are a self-employed entrepreneur, you probably need a car to run your company. But which is more advantageous: leasing a car or buying one? In this article, we will compare the different advantages and disadvantages of both options so you can make a decision. The difference between leasing or buying a car as [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":93692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[69,67,193,65,66,68],"class_list":["post-93690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-professional-costs","tag-all","tag-landlord","tag-pre-starter","tag-self-employed-in-main-occupation","tag-self-employed-in-secondary-occupation","tag-self-employed-student"],"_links":{"self":[{"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/posts\/93690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/comments?post=93690"}],"version-history":[{"count":1,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/posts\/93690\/revisions"}],"predecessor-version":[{"id":93691,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/posts\/93690\/revisions\/93691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/media\/93692"}],"wp:attachment":[{"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/media?parent=93690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/categories?post=93690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dexxter.be\/en\/wp-json\/wp\/v2\/tags?post=93690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}