Are you up to know is it profitable to have a car in Abbottabad? You are on the right spot to know the answer of this question.
You want to buy a car but you are not sure about the investment you are going to make. If so, take a look at this guide to find out if it is profitable or not to have a car.
Buying a car is often not the best investment, if you have doubts, this guide will help you a lot to know if it is profitable or not to have a car.
Knowing if it is the right time to have a car depends on many things, in addition to the car market, you have to assess the circumstances of each person and what help they offer to finance it.
There is no doubt that owning a car gives you autonomy and is very comfortable when it comes to being able to go wherever you want: to work, on a trip, on vacation, etc.
But is it really profitable to maintain it? According to the INE (National Institute of Statistics), the cost of a car represents 18% of the budget of an average household, turning out to be the largest outlay after a home.
See Also: Must Have Essential Accessories for Rental Car
In addition to the high cost, we must add the maintenance cost, we include in this section points such as: insurance, ITV, fuel, workshop expenses and it continues to add up. The maintenance of a new car exceeds its purchase price within 12 years.
So you have to look at all the possibilities and take into account the expenses generated by owning a vehicle , when it is known by all that buying a car is a ruinous investment. You will always have fixed costs since in addition to the purchase price; we have to pay the registration tax.
Is it Profitable to Have a Car
Fuel: The average consumption of a car was 50, 000 Rupees per year
Tolls and Parking’s: Two years ago, around 10,000 Rupees were spent on private parking on average, a figure that rose until it reached 103 Rupees.
Insurance: The highest item together with the fuel factor. The average amount allocated to car insurance is 50,000 Rupees per year
Maintenance: in this item the average spent 40,000 Rupees last year, 4% more than in 2021
Getting around the city: If you are going to use the car to get around the city, it is normal to do less than 5,000 km in a year
Other Alternatives are Possible
There are many alternatives to the car, many and very healthy, comfortable and fast.
Although years ago it was unthinkable that an individual could have a renting vehicle, today it is not so rare and there are several companies that offer the possibility that non-business customers can access this modality.
It is a good alternative if you have to travel with the whole family, surely it will be more profitable and less cumbersome to rent it for a few days.
For short trips around the city, you can walk or use a bicycle, but if you have to go a little further every day for work reasons, we recommend renting a car.
The car rental modality is fashionable and can be a good option to move freely and replaces the need to have a vehicle when you do not have your own or if the one you have has become too small.
See Also: Rent a Car on Vacation to Abbottabad
Renting a vehicle is very simple and in a couple of minutes you can make a reservation. The rental price is calculated according to the number of days you want to have it at your disposal, and this price decreases as the rental day’s increase.
Car Rental Prices
The prices of car rentals vary considerably from one city to another and also depending on the country in which we rent or through which we plan to circulate.
Obviously, the price differences also take into account the type of vehicle, the extras or the GPS navigators, for example, and also the company in which we make the rental.
If we do the math, there is a difference of 25000 Rupees between the most expensive and the cheapest proposal.
But let’s not be fooled by the initial figures, because if we carefully study the conditions of each of them, the cheapest may not always be the most convenient.
To begin with, we have to take into account the type of vehicle that most interests us.
But depending on the use that we are going to give the car, we may be interested in the “representativeness” or category that one and the other give us. The price differences between the two when purchasing them are also important.
The forecasts for 2023 seem to indicate that it will be a year of consolidation of the 2022 figures, although with more moderate growth.
The most demanded fuel continues to be diesel, partly due to the volume of vans that are rented. Diesel models accounted for more than 50% ahead of gasoline models.
Regarding the brands, the most requested for the rental were: Wokswagen, Renault, Peugot, Audi, Seat, BMW, Citroen, Nissan, Toyota and Ford.
Zaman Travels: Car Renting Agency in Abbottabad
Zaman Travels operates as the official vehicle rental agency in Abbottabad, offering an extensive promotion of car rental offers, becoming one of the leading companies in transport vehicle rental.
To facilitate and speed up the processes of renting the car you need, Zaman Travels offers you the possibility of reserving a vehicle without having to leave your home, thanks to the online reservation that we have developed.
From this space you can rent any type of vehicle, including the cargo and transport vehicles that you will need in your move.
Do not hesitate to consult our extensive vehicle rental promotion and take advantage of incredible discounts.
