BUY A CAR OR RENT A CAR?WHICH ONE IS BETTER?

One's entire lifestyle changes with the income received. Higher income tends to higher investments like a property, a business, a car or stock market. 

According to a survey conducted by Regus, about 91% of the inhabitants of the United Arab Emirates prefer to use private transportation, 79% using their car and 12% by taxi.

Vehicle prices are comparatively lower in Dubai than elsewhere in the world. To balance, the automotive industry was forced to deliver abrupt reductions on the purchase of new cars. But on the other hand maintaining these cars is no less expensive!

Dubai is a place where you can find a diverse range of cars such as SUVs, luxury cars, convertibles, sports cars etc.!

Although mistaken for buying and renting a car, renting or leasing a car is less expensive than buying one!

To prevent individuals from making quick decisions regarding such an enormous purchase, this article suggests many aspects of buying and renting a car in Dubai.

PROS AND CONS: BUYING A CAR

PROS OF BUYING A CAR

Among the benefits of buying a brand new car we can point out the following:

• No mileage limits

• You will be the very first driver

• You have the option of reselling

• Better fuel efficiency

CONS OF BUYING A CAR

Among the drawbacks of buying a brand new car we can point out the following:

• Larger down payments

• You have no idea on the future value of your car

• Manufacturer warranties will end

• Maintenance is a burden

  
  

  

PROS AND CONS: RENTING A CAR

PROS OF RENTING A CAR

Among the benefits of renting a car we can point out the following:

• Low cost & affordable

• You have plenty of options to choose from

• Convenient for international travelers

• Easy booking & payment

CONS OF RENTING A CAR

Among the drawbacks of renting a car we can point out the following:

• Limitations

• Strict terms and conditions

• Availability of car models

  
  

While reading this article you would get confused even if to buy or rent a car! Both buying and renting offer advantages and disadvantages, but ultimately, the decision is yours and entirely dependent on your budget and the length of time you plan to use the car.

You can get a new car if you use your car frequently, enjoy taking long drives, and are financially able to do so.

Renting a car is the perfect option for you if you enjoy switching out automobile models or upgrading to newer models.

Additionally, there are several reliable car rental companies in Dubai if you're going to rent a car there. Additionally, make sure you have all necessary documents with you while renting a car in Dubai.