10
Mar
Do people prefer to rent a car or buy one?
Over the years, the stance of people as regards owning properties has changed. While older people feel that having tangible properties like cars, houses, etc. is a good decision and should be a major life goal, most millennials want instant gratification, so they would rather rent a house or a car than buy one. However, the choice to buy a car or rent one ultimately lies with you.
Whether you want to buy a used car or a new car, you should read the reviews about the company you want to buy from on UK.collected.reviews. It will also be a good idea to first drive the exact car you want to buy. A great way to achieve this is to rent the model of car you want to buy and enjoy a first-hand experience before going ahead. You could also read reviews about car rental companies to know the right company to rent a car from. Here are some things to consider when making the choice;
Career Stability
If your job does not require you moving from one place to the other, then buying a car might not be the best decision for you, especially if you are spending a short time wherever you stay. However, if your career and life generally are stable, you should consider buying a car as it will be cheaper and more customized to your needs.
Financial stability
A car is a depreciating asset; the value starts to reduce the moment you drive it away from the dealer’s shop. By the time you use the car for a year, the value is down by 30% already. As such, you should be sure of your financial condition before you buy a car. if your job is unstable or you are relying on others to make … Read the rest
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