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Is it better to buy a car or rent one?
7 Answers
- 5 years ago
Depends on car and it's use if it's commercial I recommend buying 2nd hand as the car looses a lot of value the minute you walk out of the shop another option is hire purchase this is where you pay a set of instalments for a car and if you like it you can pay of the rest for it but if not you can hand it back and invest money else where last is leasing (like renting) you can lease a car for your company etc it's a good way of keeping your company looking up to date and successful while also not paying to much of a price you pay in instalments and at the end of the contract you give it back and can get a new version always keeping your company looking up to date
- Anonymous5 years ago
Buy. If you rent a car, in the end you'll end up paying more than you ever would've if you bought one. Plus rented cars have a lot of rules so you'd never be able to really make it yours.
- 5 years ago
Renting do you mean a lease? Buying do you mean finance? Both has its pros and cons. Buying in cash has its pros and cons also. Really need more info.
- EnguerarrardLv 75 years ago
Renting is more expensive on a daily basis, unless you figure in the cost of parking, repairs, maintenance, tires, etc.
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- Anonymous5 years ago
Silly question.
I'm guessing you don't qualify to rent or finance.