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Renting vs Buying a Car: Which one is Better

Renting-vs-Buying-a-Car

Today, many of us wonder whether to   rent a car or buy one. Thus, there are currently alternatives such as the possibility of renting cars by the day, or in the long term with options such as renting, which offer very valid alternatives to buying a car, which may require a high down payment which, among other factors, many are unwilling to perform.

In this way, you will surely ask yourself if it is better for you to rent or buy your car. That is why, below, we are going to develop the characteristic points of each option, highlighting why it is convenient for you to lean towards renting, unless you already own your car.

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Anyhow, let’s check below renting vs buying a car features and try to understand which one is better.

Renting vs Buying a Car

Rent a Car

  • Cheaper
  • More sustainable
  • More comfortable
  • More accessible
  • You do not own the car, but you can choose to buy it at the end of the contract

Buy a Car

  • Large initial outlay
  • You must take care of the insurance
  • Circulation fees and ITV
  • Owned car

Undoubtedly, there are several differences between  renting or buying a car, so the needs of each person must be analyzed when deciding on one of the two options.

In the case of car sales, the statistics indicate that they have been suffering falls of 5% before Covid19, a pandemic which has only worsened those records, they indicate a strong trend towards rental.

Unquestionably, the aspects mentioned above imply a more economical, sustainable, comfortable and accessible alternative to renting a car and are the causes of this behavior.

In fact, during the pandemic, there were many people who, in order to avoid crowds on public transport, decided to buy a car through  renting.

For example, for those who do not use the car during the year and only use it on vacation, renting is a more than convenient alternative.

So much so, that they only spend what they use, they do not have to pay circulation permits, inspections or insurance.

Conclusions

In conclusion, all these advantages listed above can lead to annual savings of up to 100,000 Rs. Without a doubt, this amount is considerable and can come in handy for other expenses.

If you still have any questions about car rental, all you have to do is contact us. In addition, at  Zaman Travels we will solve all your doubts and we will be happy to help you to offer you the ideal type of rental for you.

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