Short-Term Car Lease vs. Long-Term Car Hire: Which is Right for You?

Guy handing a lady a set of keys for a car

If you need a car for a shorter period of time, you might be wondering whether to go for a short-term car lease or sign-up to a long-term car hire (also known as Car Subscription).

There are advantages to both and they are quite different services, so today we’ll use this article to compare short-term car leases and long-term car hire, then it is up to you to decide which is right for you.

Short-Term Car Lease

A short-term car lease is very similar to a traditional car lease, but instead of signing up for 2 or 3 years, contract lengths are generally 6 to 12 months. Generally vehicles are brand new or pre-registered and can be delivered in 1-3 weeks from the date of order, if showing as available in-stock.

One of the major advantages of a short-term lease, is that the upfront costs are generally lower then a 2/3 year car lease but still gives you the benefits of manufacturers warranty, road tax and breakdown assistance. For true fixed cost motoring, you can even add maintenance to the contract.

One of the major selling points to a short-term car lease is the ability to drive a new car every 6 to 12 months, giving you the option to drive a car based on the seasons or your home/work commitments.

Long-Term Car Hire

A long-term car hire, or as we call them car subscriptions, offers you a fantastic and flexible approach to driving the latest cars for one monthly fee but that covers all the motoring essentials including maintenance, servicing, breakdown assistance, manufacturers warranty and road tax.

Vehicles can be taken from 1-month, but our best prices unlock when you commit to our minimum qualifying period (usually 90 days plus). One of the main advantages of a long-term car hire is the flexibility, giving you the ability to off-hire the vehicle with just 5-days notice and unlike other providers you only pay for the time in the vehicle.

Which is right for you?

Choosing between a short-term car lease or a long-term car hire, will depend on your specific needs and circumstances. If you need a car for a few months to a year but you need the flexibility, a long-term car hire (car subscription) would be the best option. However, if you don’t mind fixing into a contract and you are concious of costs, then a short-term car lease is the better choice.

In summary, it is really important to consider your specific needs and budget, and choose the option best suited to you or your business.

Whether you go for a short-term car lease or a long-term car hire, you’ll be guaranteed to enjoy the freedom and convenience of our short-term solutions.

Rebecca joined the Cocoon Vehicles team in 2018 after running and selling a successful financial services business offering pension, investments and mortgages. Today, Rebeccas goal is to provide the best possible customer service along with news that you will want to read.

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