There are two main types of contracts: Fixed Term and Minimum Term.
Fixed Term:
- Definition: The contract has a fixed term that cannot be shortened or extended.
- Return: The vehicle must be returned at the end of the fixed term.
- Advantage: Offers clear planning and fixed costs.
Minimum Term:
- Definition: The contract has a minimum term, after which the subscription can be extended on a monthly basis.
- Flexibility: You can return the vehicle at any time after the minimum term has ended or continue the subscription.
- Cancellation: Cancellation is possible at any time after the minimum term, usually with a notice period of 21 days.