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Have you heard of annual and monthly car rentals? Read on to find out all the benefits and how much you save by renting a car for longer periods! Annual and monthly rentals are very similar to the already traditional car rental, but with one big difference: the duration of the rental.

Unlike regular car rentals, which are often used for trips, weekends, or more specific occasions, the purpose of annual or monthly car rentals is a little different. This is a service designed for people who need a car for their daily life, not just sporadically - a car of their own.</p>
<h2>How does long-term rental work?</h2>
<p>Annual or monthly car rental is very similar to a short-term rental, but for a longer duration. If you've ever rented a car, whether for a long vacation or a weekend getaway, you already know a lot about what it entails.

The biggest advantage is that if you keep the car longer, rental companies tend to give a nice discount on the rental rate. Generally, it is progressive, so the longer the contract duration, the more you save.

The discount varies from one car rental company to another and depends on the car category and the mileage limit you choose. This can be one, two or three thousand kilometers or more per month. Everything is very flexible so that you find an offer that suits you.

With monthly car rental, you can keep the car for one to several months, and renew the contract according to your needs. If you want to return the car in advance, that's fine too! As long as the minimum number of rental days in the contract is exceeded.

What are the advantages of annual and monthly car rental?
One of the main advantages of renting a car for a longer period is undoubtedly the price. In many cases, renting a car for a month is cheaper than having your own car. As well as being cheaper than having a car, it can also be cheaper than renting a car for short periods. Indeed, if a person is already considering renting for a slightly longer period of three weeks, for example, renting a car per month can precisely compensate for the drop in price we mentioned above. If the dates match your plans, that's a good idea!

How much does it cost to rent a car for a month?
The price of a car rental per month will depend on certain variables:
How many kilometers do you plan to travel with the car: the more kilometers you do, of course, the higher the amount to be paid; and car category: the higher the category, the higher the rate.</p>

<h3>Is long-term rental an option for me?</h3>
<p>The annual or monthly car rental is for those who do not feel the need to have a car in their name. With the rise of the collaborative economy, health and safety reasons and services that seek to share experiences and even goods, this is a trend to watch closely in the years to come. If you always like to have a new car and change it quite often (every year for example), this service may also be very suitable for you! Indeed, the expenses and depreciation of the car are often much higher than the monthly rent.

And there's more: renting instead of buying has an advantage that often remains hidden. Buying a car means that your money stays put for a while, even if you decide to sell it after a while. When you rent, the money you spend on the purchase can continue to be invested. It's worth doing the math and reviewing your investments and financial situation.

buying a car vs monthly leasing
Although it offers flexibility and convenience to everyone, the savings promised can vary greatly depending on your financial situation. Buying a car with cash or finance, for example, is the first thing that will make a big difference in answering the question "Does it pay to lease a car instead of buying it?"
Therefore, we suggest you study your situation and make an outline of the amount that would be invested in buying and leasing a car. Don't forget to add - for the purchase, license values, taxes, insurance, among others, which are already included in a monthly rental amount.