7+1 Myths about the flexible leasing of

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Myth #1
There is no leasing without a deposit!
Reality

instacar is the synonym for the modern leasing of new or used cars without a deposit.

In the traditional leasing process, you need a huge deposit equal to 20% of the vehicle’s total value. With instacar, you only:

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Choose a car
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Get an offer in 1'
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Lease without any hidden charges or commitments
Myth #2
It is expensive to start leasing a car. There is no leasing without a down payment.
Reality

What replaces the excessive deposits? instacar’s starting cost, i.e.:

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Your registration to the service
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The instastart

Your registration (€270 + VAT) is a one-time-only and forever deal.

The instastart is equal to 1-3 monthly leases depending on your subscription package, and is refundable.

Finally, if you wish to prepay an amount, this will ensure a more favorable lease for the 12, 24, ορ 36-month subscription packages. You can find out more in the FAQs.

Myth #3
There are no leasing services for individuals without a deposit
Reality

Remember the days when leasing was only for business people?

With instacar, this belongs in the distant past. As a private individual, you can choose a car from our fleet and make it yours without the excessive down payment of 20%, as in traditional leasing.

With instacar, you will only have to pay an initial amount, namely the registration (€270 + VAT) that lasts forever, and the instastart, an amount equal to 1, 2, or 3 monthly leases, which is returned to you.

Myth #4
instacar is no different from traditional leasing services
Reality

In traditional leasing, you are committed to strict contracts, with a usual duration of either 36 or 48 months. In addition, you have the option to switch vehicles according to your needs.

On the other hand, instacar operates as a subscription model.

You have no commitments, you keep the vehicle for as long as you wish and you can return it, switch it, or even buy it whenever you want, even in the 12, 24, or 36-month packages.

Myth #5
Leasing without a bank does not concern small and medium enterprises
Reality

Flexible instacar leasing refers even to single-person enterprises.

Don’t worry, you will not be asked for a long list of supportive documents. For the typical financial check, which we conduct without bank intervention, we need slightly different documentation depending on the legal form of each business.

In a single-person enterprise, we’ll need an E3 document and a tax statement of the legal representative, while in a General Partnership, more documents will be needed, such as an E3, an N document, and a tax statement of the general partner.

You can learn more about the required documentation for businesses and individuals here.

Myth #6
There is no leasing without a bank
Reality

If bank involvement in traditional leasing is a concern for you, then you will be glad to know that banks have no intervention in instacar’s services.

We just carry out a brief and typical financial check, completed in just 24h, and in case your request is approved, you’ll be ready to collect your car.

The only documentation that we need for the financial check can be found here.

Myth #7
It is not possible to buy a car in installments without a bank
Reality

The moment you start your instacar subscription, you are already eligible to buy it whenever you want.

The price will be competitive according to the vehicle’s market value. Moreover, the instastart of the 12, 24, or 36 months subscription packages will be taken into account.

In this case, as well, we take care of all the paperwork, ensuring the easiest car-buying process.

Myth #7+1
Leasing without a bank does not apply to used cars
Reality

Are you uncertain about buying a used car? You can then rely on our services!

Just choose a used vehicle from our fleet and we vouch that it will be like a brand-new one. At the same time, you will be benefiting from all leasing amenities such as free maintenance, road tax, and no-fault insurance.

instacar takes any potential risk of a used car, and you just enjoy driving a used vehicle in a brand-new condition for as long as you want!

Frequently asked questions

How does instacar leasing work?

What are the initial costs for instacar leasing?

Is leasing economically advantageous?

Why lease a car from instacar?

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