Rent vs car buy: what is the most excellent choice?

After the mortgage or rent, the car often occupies a big element of the journal’s financial plan. Once your model is selected, is it wiser to rent or buy? From a financial point of view, as the two options have their advantages and disadvantages, here are some points to consider when thinking about them. รถ บัส เช่า เชียงราย is the best car rent service

The advantages of car rental

Smaller monthly payments

By renting a vehicle, you only pay for the value that it will lose during the term of the lease, its depreciation. This amount is divided into several monthly payments (usually between 24 and 48). At the end of the lease, the vehicle no longer belongs to you: you do not have to pay for its residual value. As a result, smaller monthly payments free up cash for other expenses in รถ เช่า ใน เมือง เชียงราย

Drive new … more often!

If it’s important for you to always be driving a newer model, the rental is better suited to your lifestyle. By chaining short-term contracts, you will have the freedom to replace your vehicle with a new one regularly, maintaining similar monthly payments.

Less unexpected expenses

Generally, the most important mechanical parts of a rented vehicle are protected by the manufacturer’s warranty. While no driver is entirely immune to bad luck, in general, maintenance and repair costs should be limited to those related to routine appointments and tire changes over time. Of the lease.

The advantages of buying a car

Better long-term value

Once a vehicle is fully paid, all you have to do is pay for gas, maintenance, and repairs. Finished, monthly payments! The longer you keep your car, the more you will enjoy years with more cash on your budget.

The vehicle belongs to you

Even if it is linked to a car loan, a vehicle purchased is true “yours”. In the event of a change in your financial situation, you would be free to sell it, pay off your debt and turn to a more modest model. As an owner, you can drive as many miles as you like and are not subject to the manufacturer’s requirements.