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Receive a competitive offer within 24 hours based on current market value.
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We handle all leasing and registration documents for you.
Get paid on the spot once we take over your vehicle.
Avoid paying too much for your own car. Have the takeover price checked by an independent specialist and make a smart decision.
You may be eligible to take over your company car in several situations. The most common is the end of your lease contract. The leasing company often offers you the option to buy the car at the predetermined residual value. But also after dismissal, your employer may propose taking over the car, for example to avoid paying compensation. Self-employed individuals who close their company can take over their business car privately. And sometimes you simply want to keep your trusted van without having to order a new one.
The biggest advantage? You know the car inside out. You know how it has been maintained, how many kilometers it really has, and whether it has ever been damaged. That gives you confidence you wouldn't have with an unknown used car. Moreover, you avoid waiting times: no months-long delivery time for a new car. Often the takeover price is lower than the typical showroom price for a comparable used car, although that depends heavily on how the leasing company estimates the residual value.
Leasing companies usually determine the residual value at the start of the contract, based on expected depreciation. But the real market value after three, four, or five years can be a completely different picture. Sometimes the takeover price is thousands of euros above what you would pay for the same car on the second-hand market. That's why it's smart to always get an external valuation before you decide. Through our free valuation you'll know exactly where you stand.
With a financial lease, you usually have a purchase option at the end of the term, and the takeover price is fixed from day one in the contract. You become the economic owner and contribute to the repayment. With an operational lease, the car is owned by the leasing company; takeover is an option, not an obligation. The takeover price is only determined at the end based on the residual value. Operational lease gives you more freedom, but the price can turn out higher than expected.
After you agree to the takeover, you go through a few legal steps. First, the leasing company or employer draws up a purchase agreement. You pay the agreed amount and receive the necessary documents: the certificate of conformity, the registration certificate, and possibly an invoice with VAT. Then you go to the DIV (Vehicle Registration Service) yourself to register the car in your name. Don't forget to take out insurance immediately. If the car already has a Belgian license plate, it can often be transferred.
When you take over a company car, you'll face taxes. In Belgium, you pay 21% VAT on the takeover price, unless the car was already registered as a private vehicle. In addition, you pay the BIV (registration tax) and annual road tax. If you buy the car privately, you cannot reclaim the VAT. Also account for costs for maintenance, tires, and a new inspection. You can only make a realistic budget when you list all costs. Don't know where to start? Our specialists are happy to help you calculate.
Yes, that's possible, but it's not common. Leasing companies are reluctant because they have to compensate for the loss of interest. You will then pay a termination fee on top of the takeover price. That fee can amount to several monthly installments. Taking over early is only advisable if you have a very strong reason, such as emigration or serious financial problems. Usually, it's better to wait until the normal end of the contract.
After dismissal, there is no legal obligation to take over your company car. Check your employment contract or company regulations carefully: some employers have a clause requiring you to take over the car at a predetermined price. If that's not the case, you can simply return the car. Often takeover is offered as part of your severance package. Always seek advice from a lawyer or union about this.
If the takeover price isn't attractive, or if you're simply ready for something else, you can also sell your company car to a buyer. A buyer like Opkoper Bedrijfswagen often offers a market-conform amount without you having to negotiate or advertise yourself. The money you receive can then be used to purchase another car. Sometimes that's financially smarter than holding on to your current car. Curious how much your company car is worth? Request a bid directly.
In doubt? A free valuation gives you insight into the current market value and helps you make the right decision.
Independent advice
This is how you avoid surprises
We don't look at residual values, but at what your car is worth right now.
Within 24 hours you'll receive a realistic indication.
The valuation is free and you're not tied to anything.
We know the market for vans, light trucks, and panel vans.
Market value vs residual value
Leasing companies work with a residual value that isn't always up to date. Compare it with the current market value of your car.
Frequently asked questions
Request a free, no-obligation valuation now. That way you'll know immediately whether taking over is financially smart.
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Sell your company vehicle