Car Rental Vs Buying A Car: Which Is The Better Option?

It is no surprise that the prices of cars are increasing at an alarming rate making it more difficult for an average person to purchase the vehicle of their choice. Moreover, when you manage to buy a car, the cost of depreciation hits immediately causing your car to lose about 20% of value the first year and 15% yearly for about 4 to 5 subsequent years. For this reason, people are seeking more alternate means of transportation and embracing public transit and taxis. However, there is a much better alternative to buying a car and it is better than using the public transport system and that is car hire with driver in Dubai.

Advantages Of Buying A Car

It is impossible to imagine life without a private vehicle and buying a car is usually the first option that comes to mind when one thinks of the hassles of daily transportation. Having your vehicle comes with a lot of advantages, some of which are listed below;

1. The pride of ownership: Having your vehicle, especially in regions where motorization is rapidly growing like Dubai comes with a certain level of pride. The self-conscious emotions derived from purchasing a new vehicle create positive societal self-expression thereby increasing your overall social status and self-confidence.
    
2. Availability: Having your vehicle is very essential in case of any emergency that requires driving; it could be driving a sick patient to the hospital instead of waiting for an ambulance, evacuating an area due to a natural disaster or unforeseen circumstances, or escaping a rare case of security threat or civil unrest. 

1. Privacy: Another good advantage of having your car is the fact that you do not have to share your space. Your car can also be severe as a temporary resting spot whenever needed. Moreover, you can also keep your belongings inside your vehicle for as long as you like as it serves as an extension for your personal space. 

Advantages of Renting A Car

Instead of buying a car, you can decide to opt for long term car rental Dubai from a reliable supplier on the OneClickDrive platform. With a long-term car rental option, you can enjoy all the benefits of buying a car and more. If you are a traveler, you can simply rent a car for the entire duration of your stay in the city, and you don't have to worry about unexpected costs on transportation as you’ll have a reliable vehicle at your disposal. Here are some advantages of choosing long-term car rental options;

1. Cost-effective: Instead of making a huge dent in your bank account by purchasing a vehicle worth hundreds of thousands of dollars, you can simply rent a car for a fraction of that price for as long as needed and enjoy the perks of having your vehicle. 
    
2. Flexibility: Renting a car long-term allows you to use a car without long-term commitments as you have the flexibility to change your vehicle or adjust your rental duration as per your needs.
    
3. Maintenance and repairs: Long-term car rental fees usually include maintenance and repairs, this means that you don't have to worry about the health of your vehicle as the rental company takes care of that. This helps you save time and energy for obvious reasons. 
    
4. Variety: Monthly car rental offers a wide range of vehicles to suit different occasions. For example, if you are going for a business trip, you can rent a car for the entire duration of the business commitments, and can quickly switch to a more economical option afterward.
    
5. Roadside assistance: Unlike having your vehicle, car rental usually comes with roadside assistance or breakdown coverage. This means that the rental company will provide immediate support if you encounter any vehicle-related issues on the road. It could be flat tire changes, fuel delivery, battery jumpstarts, lockout assistance, and more, all you need to do when you encounter such is to contact the supplier immediately and wait calmly for assistance.

Conclusion

Renting a car and buying one both come with their unique benefits and challenges. While renting a car is the more cost-effective option, owning one might provide a more long-term guarantee. Therefore it is necessary to weigh both options thoroughly and evaluate how they align with your budget and preference. But in the meantime, before you make your final decision, don't hesitate to rent a car when necessary.