If you are currently in the market for a new vehicle, but you’re not sure if you want to purchase outright or rent, you are in the same situation as countless other thousands of Australians. Like everything else in life, it probably boils down to the costs, but you also need to think about the convenience as well. If you buy a car and you decide that you don’t like it later, you can sell it, but you will lose a great deal of money in the process.
This is one of the reasons why many people look at car hire in Hobart, because it’s the most cost-effective way to get to where you need to go, but at the lowest price. If you are still somewhat on the fence and you need a little bit of a push in the direction of hiring rather than buying, maybe the following can help.
- It costs more to own – You may be confused by this statement, but you’re probably forgetting the fact that you need to pay road tax for the vehicle, you need to put fuel into it, it needs to have the right insurance, and you need to replace the tyres every so often. The running costs of owning a car are way more than renting a vehicle for the time that you need it.
- It will depreciate – When you buy a vehicle, the moment that you drive it out of the showroom, it loses almost 15 to 20% of its value immediately. That means if you were to turn around and say you want to sell it back to the dealer, you would lose thousands right then and there. You don’t have any issues with depreciation when you rent a car, because you use it and then you give it back.
- You get a better selection – Once you make a choice and buy a car, you are stuck with it until you decide to sell it again. When you rent your car, you get many different cars to choose from, and if you want to make an environmentally friendly choice, there are also electric cars for rent.
As you can now appreciate, it makes a lot more sense to rent the vehicle that you need than to buy it outright. Make the right choice, and rent your choice of vehicles today.