Why Renting a Luxury Car is better than Buying One December 18, 2014
Are you planning to buy a luxury car? Have you considered renting? Driving a high end car is a powerful credibility and economic statement; and very few people get to park such luxurious vehicles outside their home or at work. But did you know that renting a luxury car has more benefits than buying a new one?
To begin with, the cost of renting is significantly lower than that of buying. It doesn’t matter whether it is the newest Mercedes Benz s550, BMW, Cadillac or Rolls Royce Ghost, you don’t need to break the bank to enjoy its benefits. Enhanced performance, reliability and of course the envy of friends and family will all be yours at a much more reasonable cost. This way you don’t have to defer your dream of getting behind the wheel of the car of your dreams.
Another reason you will find renting rather than buying a luxury car to be advantageous is the accompanying cost of maintaining the vehicle; the more expensive the car, the greater the cost of living (and maintaining!) your dream. When you rent a luxury car, you don’t need to worry about insurance, maintenance or depreciation costs among other issues; the car rental firm will handle all that. Your only job is to enjoy driving the car you’ve always dreamed of.
Renting a luxury car is also a better idea than buying when you consider resale dynamics. These types of vehicles are meant for individuals with a serious amount of disposable income; such people rarely purchase second-hand cars. In essence, when and if you decide to resell your luxury car, who will buy it? You will be forced to resell your precious car at a significantly lower price. Most people in the market for a vehicle like this would rather buy a new vehicle than invest in your used luxury car.
There’s no doubt about it; you’re better off renting than buying a luxury car.