Are you in Spain? Do you want to buy a new car, but don't have enough money at the moment? Car leasing is the easy solution! In this article, find out with us how to lease a car in Spain.
Car leasing Spain: How to lease in Spain?
To begin with, you have two options for leasing in Spain:
- Long-term leasing in Spain;
- Rental with Option to Purchase.
These are two different options, as long-term rental does not offer a purchase option, whereas lease-purchase does. Leasing is a contract that involves renting a car for a set period of time. It is a credit sale, so you must pay monthly installments according to the terms of the contract. The lessor will then ensure that you can actually afford to pay the agreed monthly installments.
Here are the various steps involved in leasing in Spain:
Preparing the necessary documents
Don't worry! There are leasing companies in Spain that offer support to foreign professionals for financing their vehicles. To do so, you will need to provide them with the following documents:
- Passport with photo and work visa;
- A valid copy of your driver's license ;
- The letter of employment, which must specify the salary, duration, and benefits, as well as the number of years of service within the organization;
- Spanish Foreign Identity Number ("NIE");
- A copy of a recent pay slip.
- A driver's license and an international driver's license.
Define your needs according to your budget
Before proceeding to the next step, it is important to remember that in Spain, car rentals usually start at a 24-month period. Generally speaking, the longer the contract, the lower the monthly payments.
Similarly, budget is also one of the points to consider when leasing in Spain. This is one of the questions that car leasing experts will ask you. It is therefore essential to have an idea of how much you are willing to spend on your monthly car payments.
Meeting leasing conditions in Spain
Before discussing the various leasing conditions in Spain, please note that you must be 21 years of age or older to rent an affordable car in Spain. However, this may vary depending on the rental company you choose and the management agency.
Car insurance
In general, there is no down payment at the start of a lease agreement in Spain. Maintenance, service, repairs, roadside assistance, and tires may be included.
In Spain, it is also common to include car insurance. Check that you and your passengers are covered in the event of an accident by reading the fine print. Don't forget to to find out how much that you must pay in the event of an accident or damage to the car.
Notice of termination of the lease
If your vehicle is to be returned earlier than agreed, the rental contract will detail precisely how any remaining payments or penalties will be calculated. So be sure to take into account cancellation terms and conditions when comparing leasing offers in Spain.
Car registration
The vehicle will be registered by the leasing company as part of its service.
Go to a leasing agency
After providing the documents and meeting the leasing conditions, it is now time to visit a car rental company in Spain.
Please feel free to consult the sites and to compare offers that you see in order to take advantage of the best car leasing offer at fair prices.
The clauses of a contract generally contain the following conditions:
- The contact details of the two parties: the lessor and the lessee;
- sureties;
- The description of the vehicle;
- The number of annual mileages;
- Monthly payments;
- The price of penalties: in the event of exceeding the authorized mileage, in the event of late payment of monthly installments;
- The duration of the payment;
- The purchase price of the vehicle;
- The withdrawal period.
Can vehicles be bought back early?
Leasing contracts can be used to anticipate the purchase of a vehicle. However, this function is subject to one condition. You must have made a certain number of monthly payments. between 12 and 18 months. In addition, the buy-back value at the end of the contract is written into the contract. However, if the lessee has experienced a lot of delays, the amount payable will increase.
At the same time, it is also possible to resell the car at the end of the contract. Of course, if this option is authorized by the tenant. So if the buy-back value is higher than the charge, you'll get a very good price. Then, the lessor will give you a certificate of completion to avoid having to register the vehicle in your name.
How soon will I receive the car?
Generally speaking, the more flexible you are in your vehicle selection, the quicker you can obtain your rental contract. Frequently, car rental companies have popular cars in stock that can be made available in a short time. very short time.
On the other hand, if you choose a factory-built vehicle from a brand that is not widely available in Spain, you may have to wait for some time.
English
Hello, I live in France and will be retiring to Malaga in February 2026. Could you provide me with information about the various leasing companies? I previously had a company car, which I am going to return, and I do not have car insurance.
Kan man lease en bil i Spanien som pensionist. Hvad er Ca de mdl. Afdrag
Hello, I work for Alucare, if you have a question don't hesitate to ask it on the Alucare discord: (link at the bottom of the site)
If I buy the vehicle in Spain, can the monthly payments be made from my account in France?
Hello
I am blocked in France for an LLD by a filing for an over-indebtedness, do you think that I can do it in Spain, how and what should be done?
Thank you Cdt LAMAZERE Alain
Hello, no idea afterwards if you are in over-indebtedness it may be the same in other countries which will still be more careful because they do not have the same laws.