IS TRADITIONAL CAR OWNERSHIP OR LONG-TERM LEASE PREFERABLE?

In everyone's, or rather most of us's, everyday working life, a car is more of a necessity than a prestige. However, cars still create and leave a strong emotion in us. The emotion of buying them, the emotion of driving a new and smelling car, the emotion of loud favourite music coming from good speakers or the emotion of soft seats or the ever more conveniences that cars offer us.

However, people's attitude towards car ownership itself is slowly but surely changing. There is a growing trend in the world to use the car and not own it at all. The business sector is more likely to be the one that sets the trend, as it is often companies that are looking for ways to do things more efficiently and to save as much as possible on costs. However, private individuals are equally ceasing to see cars as an asset and are starting to look at them as a service that brings benefits. And enjoyment. That's why rental companies are adapting to the demand. As a regular motorist, is renting profitable for you? It depends on how much money you have and how important ownership is to you.

The primary "advantage" of buying a car, if we can call it that, was the availability for individuals. It was one of the assets in the decision, as you only needed a certain amount of cash and you were able to acquire the vehicle. Until recently, rental or leasing companies did not have products designed for individuals or were not attractive, and you could easily be turned down when applying for a loan or finance lease. The following table compares the financial indicators of vehicle acquisition.

We at AVIS, however, have the door wide open for individuals as well. In addition to the financial savings, we offer you many other benefits that renting a vehicle brings.

The rental fee you pay does not cover the entire purchase price of the vehicle, but you only pay depreciation, i.e. the difference between the purchase price and the residual value of the vehicle when it is returned. In addition, the lessor relieves you of the tedious task of advertising and negotiating with potential buyers, as he will arrange the resale of the vehicle for you. Rental companies also have negotiated more favorable terms on vehicle purchases and insurances, thanks to years of cooperation and volumes, which they can further offer to the client. Included in your monthly rental fee is a service package that includes vehicle tax, compulsory insurance, breakdown insurance, seasonal vehicle wear, registration fee, vehicle de-registration, warranty service, roadside assistance as well as pre-paid annual mileage. You simply lease a car with comprehensive care as well, and you can replace your fleet or vehicle on a regular basis. You don't have to worry about where to get winter tyres, where to go to change your car, how much you'll spend on registering your car, who you'll get your car insured with or worry about whether you've forgotten to pay your tax.

Answer to the question if it is a rental car is more advantageous is not always clear-cut. But if you want to spend your time with work, family, business and take the pressure off the administrative and manual tasks that come with buying a car, a hassle-free new car rental is the right choice for you.