The most common reason people rent a car is for the fun of it, the thrill of driving it, and for the money.
But when you consider the expense involved in owning a car, the choice is increasingly easier.
And in the last two years, there have been plenty of companies offering leases that include a $3,000 deposit for leasing a car to an investor.
The idea of a leasing company isn’t new.
In fact, companies like Airbnb have been offering a way for investors to rent cars for as little as $150 per month for the last year.
The biggest difference is that these companies don’t take a cut of the car sales, and instead, rent them to their investors.
But now, two new companies are making the concept even more attractive.
“I’ve found the most popular way to get a car lease is to take the car to a dealership, drive it in, and have it rented out to you at a fixed price,” said Josh Schulte, founder of Schultecomps, a leasing platform that was founded by two former Uber employees.
Schulte has partnered with two companies, Tesla and Toyota Highlanders, to offer leasing opportunities for investors.
The two companies are using their own proprietary software to offer investors the option of leasing a Tesla for a fixed fee of $2,500 per month.
In return, the companies are taking a percentage of the monthly sales.
Tesla has leased out 2,000 Tesla Model S and Model X cars, while Toyota has leased 1,000 Model S vehicles.
Toyota has also partnered with Ford to offer the same option, for a minimum deposit of $3 a month.
Toyota and Tesla say they will not charge the investor the full deposit, but the company is offering a $1,500 deposit for the car, and a $2/month leasing fee for the first 12 months.
Tesla and Toyotas lease are both available in select markets, but Tesla has also announced it will start charging investors who lease cars to $8 a month starting in April, as opposed to the current $2 a month fee.
However, Tesla says the fee is not mandatory, and investors will have the option to drop the deposit if they decide to stay.
To date, only two other companies have offered leasing options for Tesla and other Tesla models, according to Schultes company.
While Tesla and its investors may be happy to get the car back for a fee, other investors may not want to rent it.
As more and more companies offer leasing options, investors are looking to avoid the fees associated with leasing a vehicle themselves.
According to Schults website, Tesla will be rolling out its new Tesla leasing options to more than a hundred markets in the next 12 months, and Toyota has offered the same options to investors in over 70 countries.
At least, that’s what the companies claim on their websites.
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