Should you buy or rent a car in LLD?

LLD car rental at the Réunion

 

Rent a long-term car at the Réunion is an alternative to buying a car for a medium or long term stay. This solution has many advantages and adapts to your real needs whether you are tourists or Réunionborn. Multi-Auto adapts its long-term car rental offer for your holidays or your work.

Indeed, the purchase of a new vehicle is probably not the appropriate and financially attractive solution for individuals who want a car to get around the island. Thanks to long-term rental, you can rent a car for a fixed period and change vehicles regularly more economically. Accessible to all, long-term rental is ideal when you are on vacation, you live or you settle in La Réunion.

What is long-term car rental (LLD)

Long-term rental, also called LLD, is a complete car rental service allowing everyone to have access to it.

Individuals, but also professionals, will be able to rent a recent or used vehicle, without worrying about the various costs incurred and linked to the purchase of a vehicle. Each vehicle lessee who has subscribed to an LLD offer is subject to various commitments towards the LLD lessors, including the payment of rent every month.

Long-term rental also commits each subscriber for a defined period: generally, this period can vary between 12 and 60 months depending on the rental contract and your needs. In addition, with each LLD offer, a mileage will be defined in your rental contract.

 

The types of vehicles we can rent

In principle, the types or models of vehicles that you can rent are new or even very recent. Multi-Auto offers you a wide range of vehicles with several models and brands. Long-term rental (LLD) actually concerns different cars such as: the city car, the sedan, the 4×4, the SUV, the utility, the car without a license or even the luxury car.

Thus, this flexible solution allows everyone to have access to a recent car or even electric or hybrid; whereas when buying you would probably have had the opportunity to only have a used vehicle. Thanks to the LLD, several types of vehicles will be offered and available to you.

Rent lease

When you request a car rental in La Réunion, you will therefore be the lessee of the vehicle and not the owner. Upstream, you will therefore have to communicate your needs in order to set terms that correspond to your profile and your use of the car.

Once the rental contract has been established, you will therefore be subject to a monthly rent for the duration of the rental. But do not panic ! During this period, the maintenance, repairs, assistance and insurance of the vehicle are normally included in your monthly payment and included in your rental contract. Just like the mileage which is also predetermined and fixed when you subscribe to the LLD offer; in general, the mileage is set at around 15000 km per year for petrol vehicles versus 25000 km per year for diesel vehicles.

The amount of your long-term rental is thus calculated according to various criteria such as: the model and the price of the car, the duration of the rental, the annual mileage, the various services and options included (maintenance and repairs, assistance, insurance , etc.).

Finally, once your rental contract is over, you will therefore have to return the car to the rental agency in a normal state of wear since the vehicle will subsequently be resold on the market (unlike the LOA, rental with option to buy, which allowed at the end of the contract to buy the vehicle if you wish).

However, you will be able to renew your long-term rental contract for a new model of car.

 

The advantages of long-term rental with Multi-Auto

Long-term vehicle rental with Multi-Auto offers you many advantages and in particular that of driving in all serenity without worrying about possible costs as well as in safety thanks to the monitoring and maintenance of the vehicle established by our agency.

  • Follow-up

Indeed, the LLD has various advantages, such as the monitoring carried out and which allows you to drive in complete safety. Long-term rental includes additional services such as maintenance, repair and assistance in its contract, but also includes the loan of another car in the event of a breakdown. However, services and follow-up vary by rental agency.

  • The options (child vehicle, gps, etc.)

This solution also allows you to benefit from several choices of options. Depending on your needs, you can customize the options of your vehicle such as GPS, child vehicle, etc.

  • No contribution needed

One of the major advantages for long-term car rental is that it can be done without personal contribution. You will therefore not be blocked on the financial aspect of this solution. It is still possible that an agency will ask you for a deposit, but this will of course be returned at the end of your contract.

  • Maintenance costs included

Finally, the maintenance costs included are also a real advantage since you can control your budget; you are informed from the outset of all the costs and in particular the maintenance services which are included. You won't have any surprises with the long-term rental.

 

Car rental duration limits

 

  • Additional costs in the event of exceeding the authorized mileage and damage

Multi Auto Réunion lld long term rentalConversely, long-term rental also has several limits such as the additional cost in the event of damage or exceeding the authorized mileage stipulated in the rental contract. Depending on your use, the mileage can be exceeded very quickly, and this therefore generates financial penalties. Depending on the mileage exceeded, the additional costs are defined upstream by tranche and will thus be applied to the lessee of the vehicle.

  • Higher total cost

Also, if you want a long-term rental over several years, this may represent a higher total cost. And once the long-term rental contract is signed and validated, the lessee of the vehicle can no longer reconsider his decisions. Knowing that a long-term rental will not allow you to buy the car once the contract is over; unlike the LOA (= rental with option to buy).

 

Renting or buying a car: how do you know?

Are you hesitating between renting and buying a car? You just need to know beforehand what you will use the vehicle for.

If the vehicle is intended for occasional use or for weekend trips, renting has a real advantage for this use. In particular, you will have the maintenance costs included in your rental, and this will allow you not to worry about it when you travel. So prefer car rental when the period is less than 3 or 4 years.

But if the vehicle is intended for daily and regular use, we advise you to buy a vehicle directly. When the period is greater than 5 years, the purchase of a vehicle is preferable in order to be free to resell the vehicle whenever you wish and also to be able to drive without constraint at any time. However, constraints must be taken into account such as higher maintenance costs, the discount of the vehicle each year and this requires a financial contribution or a bank loan.

It is therefore important to determine your needs and your use in advance to choose the solution best suited to you.

How to rent a car in LLD?

To rent a car in LLD, you must be over 21 and have held a valid driver's license for over a year. You will also need to send us various documents in order to create your file. Once your file has been examined, we publish a rental contract mentioning each part and each condition.

Once the contract has been signed, the vehicle will be made available to the lessee in one of the lessor's agencies and must be returned to the lessor's staff at the place, on the date and at the time provided for in the contract. Note that the responsibility of the tenant lasts throughout the period during which the vehicle was made available to him.

Our rental contract formalizes the agreement, the principle and the operation of the rental of the vehicle between the lessor, “person who provides the car”, and the lessee, “person who rents the vehicle”. It will thus make it possible to validate the terms and conditions set in advance between each of the parties (cost, duration, liability, provision / return, rental, guarantees, insurance, maintenance and repairs, etc.)

 

Long-term rental is an advantage for a length of stay or a need for a short period. The advantage is that all fees are included and that you do not have to deal with bank loans, technical inspections or other formalities of a vehicle purchase. Thanks to the LLD, you control your budget and the latter is fixed in advance so that you have no surprises at the end of your rental contract.

Are you looking for a complete service over a long period? This solution is made for you! Get in touch to know more.

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