Should I Rent or Buy a Car?
Depending on what you need your car for or what your budget allows, you might decide on car hire instead of fully purchasing a vehicle. Let’s take a look and discover the benefits of both choices and look at which option is best for you.
What are the Advantages of Car Rental?
● A New Car Is Always Available
Some of us have sentimental attachments to our cars; we treat them as a member of the family. However, if you don’t have this connection to cars, then one bonus of renting is that you can have a different car every time you hire.
This is highly appealing for some people as they will have the option to try out many different manufacturers which can allow them to decide what car might be best to buy in the long term.
● Safety First
Renting a car will mean the car is checked and maintained with no extra expense to you. t. A new car will have only recently gone through all the safety checks and been maintained to the highest standard. This gives you full peace of mind when driving as you can trust the car has been thoroughly inspected before you get behind the wheel.
● You Don’t Need to Look at The Clock
If you have bought your car outright, you don’t want to start piling up the mileage in the event you want to go for a trade-in. Or you might not want to completely exhaust your car’s use. Using a rental service means you don’t have to worry about the distance you travel, letting you enjoy all the benefits a car has to offer.
● Can Be a Stop Gap In Between Purchases
If you’re dead set on buying a new car but yours is currently out of commission, you can consider using a car rental service in the interim until you make the bigger purchase of buying your new car. Car rentals can be short or long-term, depending on your requirements.
● No Big Purchase Necessary
When buying a car, there’s generally a large lump sum involved that can deter a lot of drivers, or maybe they simply can’t afford it. Car rental allows you to pay in instalments. This means you can still get on the road and keep on top of your life commitments.
In What Situations Should a Car Purchase Be Favoured to A Car Rental Service?
● You Don’t Own the Car
Ultimately, this is the main one. Something to keep in mind whilst enjoying a rental car is that it will never belong to you. This can be a benefit to some drivers, however, some people may want their vehicle to just be their own.
● Very Expensive Over Time
A full year of renting a vehicle could mean that you could have saved for your car. Eventually, it would be considered paying for something with no return at the end.
If you have money to spend on renting a car, you should ideally consider putting the funds aside to purchase your vehicle.
Whether to choose car hire or purchase your vehicle boils down to your long-term requirements. If you have no interest in owning your car then a car rental could be more for you.
If you are more frugal with your money and like to invest appropriately, saving for your vehicle is the better option.
To ensure you get the best deal on car rentals, consider speaking with us at Eurodrive. We have a large fleet of vehicles to meet every requirement and are constantly ready to go.
We have offices in both Oxford and Didcot and can accommodate new customers with their driving needs. Contact us on 01865 715500 or by getting in touch on our website below.