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FaaS vs Leasing vs Purchase

In short: choose FaaS to operate with no upfront investment or worries (all-inclusive), Leasing to capitalize the vehicle with deferred payments and Purchase for full control and intensive long-term use.

CriterionFaaSLeasingPurchase
Initial investmentNone — monthly paymentLow — down payment and installmentsHigh — one-time payment
Vehicle ownershipMOVE owns itPurchase option at the endYours from day one
Maintenance and insuranceIncludedOn your own (negotiable)On your own
Support and replacementIncluded, 24/7Not includedNot included
Flexibility to scaleHigh — add or remove vehiclesMedium — tied to the contractLow — fixed asset
Tax treatmentDeductible operating expenseDeductible payments, creditable VATDepreciation and ISR income tax deduction
Best forOperating with no CAPEX or worriesCapitalizing the asset with deferred paymentsFull control and intensive long-term use

Frequently asked questions

What is the difference between FaaS, Leasing, and Purchase?

With Fleet as a Service (FaaS) you pay an all-inclusive monthly fee (vehicle, maintenance, insurance, and support) with no upfront investment. Leasing is a finance lease with a purchase option at the end. Purchase gives you full ownership with a one-time payment.

What is best for a delivery fleet?

FaaS is ideal for scaling without CAPEX and without operational worries. Purchase makes sense if you plan intensive long-term use and want the asset. Leasing is a middle ground to capitalize the vehicle with deferred payments.

Is Leasing available in Colombia?

Leasing is currently only available in Mexico. In Colombia we offer FaaS (Fleet as a Service) and direct Purchase.