Financing

Financing

At Autobedrijf Naessens, we ensure smooth handling from A to Z. It is possible to take out various financing arrangements through us, for which we work with recognised partners.

1. Loan

For our financing we work together with an external partner who can offer you a tailor-made proposal. Contact us for an appointment, and together we will look at the various possibilities.

2. Leasing / Renting

The main distinction between Leasing and Renting is as follows: Leasing is recognised in the balance sheet, while Renting is considered a pure expense. In the case of Leasing, you have the flexibility to choose a residual value of 5, 10 or 15%, while with Renting, the residual value usually starts at 16%, but can vary between 16, 20 and 25%.

Contact us to discuss your specific needs so that we can prepare a tailor-made quote that perfectly suits your situation.

3. CarSharing

Two contracts are drawn up, one for private use and one for business use. As an example, a private use contract may include 20% of the total purchase price, while 80% is financed through the company. The major advantage of this is that no benefit in kind (SG&A) is charged, unlike with leasing, where SG&A is payable.

It is important to note that the amount of tax on entry into service (GST) can be a maximum of €4,957, regardless of the type of vehicle. For a sports car, this is a very interesting formula!

The advantages of this system include:

• The BIV amount is included in the investment amount and spread over the term of the lease.
• Two separate leases are drawn up for business and private use, creating no benefit in kind.
• At the end of the term, there is the possibility of renewal or surrender by either of the contracting parties.
• Exit is possible at any time without penalty clauses or mandatory payment of several months' rent.
• There is no mileage limitation.

This system therefore offers flexibility and tax advantages for both private and business use of the vehicle.

Do not hesitate to contact us for an informal chat

+32 (0)479 59 64 41

Simulation CarSharing

This simulation applies to a Porsche 991 GT3 Touring. See below for the difference in BIV and annual road tax in both scenarios:

The following parameters were taken into account for this simulation:

• Investment amount of €125,000.00 excl. VAT 

• Business/private distribution: 80/20 (this ratio should reflect reality)

• Term:  4 years

• First increased rent: +/- 20%

• Residual value: 25.000 € 

It goes without saying that we can further adjust all these parameters in mutual consultation.

If you opt for a car-sharing formula, these are the advantages associated with it in summary: 

• The amount of BIV (capped!) is included in the investment amount and therefore spread over the term of the lease agreement

• Two separate lease agreements are drawn up (business and private); therefore, no favourable advantage is created

• Since the portion charged to the business does not involve mixed use, the VAT recovery is 50% (instead of only 35%)

• At the end of the term: option to extend or buy out by one of the contracting parties (private purchases are therefore also possible).

• You can opt out at any time, without a penalty clause.

• No mileage restriction.

• Car remains a VAT vehicle.