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Trade in your car in favour of Car Hire
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Wednesday, 21 July 2010
As the credit crunch still looms over us many people are tightening their financial belts and ditching their cars in favour of alternative transport.  Those being buses, trains, bikes, walking and car hire.  Yes many people are choosing not to keep their own vehicle and using car hire when they require a car.  Though this solution isn’t ideal for everyone there are certainly benefits to be had for trading in your car.  This article takes a look at some of the major savings and benefits to be had.

Financial Savings

Standard Charges

By hiring a car when you need one you will eliminate all of the standard charges associated with owning a car.  These charges refer to the costs used to keeping the car road worthy including, the road tax and the depreciation of the cars value.   Let’s face it, as soon as you drive your car off the forecourt you instantly lose some value of the buying price, a loss which is avoided with car hire .

Running costs

Other savings would be made from avoiding the everyday running costs.  Meaning you won’t have to pay for fuel, parking, toll fees, servicing and any repair costs.  Car hire companies should take care of the upkeep of their vehicles and you only need to worry about the fuel costs, parking and toll fees when you hire a car.

Other Benefits

Reliable Cars

When using a hire car most companies will provide you with a car normally no more than 2 years old.  Obviously this depends on the car hire company you use but most reputable firms will keep their fleet no longer than 2 years and will maintain and repair their hire cars on a regular basis.  After all they have to maintain their reputation.

Drive in Style


When hiring a car you will be able to choose a model which you might not think of buying due to the price of the car.  Hiring will allow you to test drive a car you wouldn’t normally be able to afford.

Earning Potential

If you are living in a city where parking space is limited or your next door neighbour needs extra space, you can always rent out your parking space to someone who needs it. This could be a good little earner which would pay for your car hire when you need a car.

Though these are some of the advantages of hiring a car you will still need to consider the convenience and freedom you will forfeit in order to save money.  However if you live nearby a good transport system the savings you make might far outweigh the sacrifices you take when selling your car.

For more articles like this visit CarHireToday.co.uk for car hire tips & Info
 
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