Well, anyone familiar with the laws and following the reason would say: it depends on a million of factors.
But let us start from the beginning… Our whole story is about a car worth HRK 400 000.00 and your choosing between 2 options from the start: leasing or purchasing…
1. LEASING (here we will discuss operating lease only because financial lease is equal to purchasing)
Car worth: HRK 150 000.00, VAT included
Number of months of the lease: 36
Residual value: 25%
Value to be financed through leasing: HRK 112 500.00
Monthly rate: HRK 3 125.00
Purchasing value after lease: HRK 37 500.00
Here is the total calculation which shows whether all this is worth doing for you in practice.
There is no VAT any more, which means that this is the same situation as if you were to rent a car under your name as a physical entity (I use the term “rent” because operating lease is nothing but renting, i.e. a type of rent-a-car service in which you pay for the car registration, insurance, repairs etc.).
a) OPERATING LEASE WITHOUT CALCULATION OF PAYMENT IN KIND
b) OPERATING LEASE WITH CALCULATION OF PAYMENT IN KIND
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