Renting or buying a car: Which one is better for me and why?
Leasing or buying a car?
Nowadays, many of us are hesitating to choose betweenrenting a car or buying one. Thus, currently there are alternatives such as the possibility of renting a car by the day, or long term with options such as leasing, which offer a very valid alternative to buying a car, which may require a high down payment that, among other factors, many are not willing to make.
Therefore, you are probably wondering whether it is better to rent or buy your car. For this reason, we are going to develop the characteristic points of each option, highlighting why you should opt for leasing, unless you already own your car.
Features
RENT
- 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
- Large initial outlay
- You must take care of the insurance
- Road taxes and ITV
- Car owned
Undoubtedly, the differences betweenrenting or buying a carare several, so the needs of each person should be analyzed when deciding on one of the two options.
In the case of car sales, statistics indicate that they have been suffering falls of 5% before Covid19, a pandemic which has only worsened these records (According to data fromMotor.es), indicate a strong trend towards renting.
Undoubtedly, the aspects mentioned above, imply a more economical, sustainable, comfortable and accessible alternative to renting a car and are the cause of this behavior. In fact, during the pandemic, there were many people who, in order to avoid the crowds on public transport, decided to buy a car through car leasing.leasing.
For example, for those who do not use the car during the year and only use it on vacations, renting is a very convenient alternative. So much so, that they only spend what they use, they do not have to pay circulation permits, revisions or insurances.
Conclusions
In conclusion, all these advantages listed above can imply an annual saving of up to 4,000 euros. Undoubtedly, this amount is considerable and can be very useful for other expenses.
If you still have any questions about the car rental, just contact us contact us at. Also, atCarMovewe will solve all your doubts and we will be happy to help you to find the ideal car rental for you.
