Long-term rental, car leasing or buying
Summary: The discussion involves several participants considering the pros and cons of long-term car rental, leasing, and purchasing. Although specific details aren't disclosed, it suggests a comparison of these options. Various contributors, including damdeczk0, guangxi_hone, and others, are involved, sharing insights and opinions on the subject.
Hey, I’m wondering why so many people choose long-term rental or car leasing instead of buying a car.
I’m currently looking for a car for myself and I’ll be honest, I feel uncomfortable having to spend so much cash on a car from the dealership, but on the other hand with rental or leasing the car isn’t really mine.
11 comments
ju4417
·1 year agoAnd how long are you looking for a car for? If it's for a year/2 years/3 years, not longer, then renting will be more cost-effective than leasing.
mirsied-78
·1 year agoHere you have the description https://masterlease.pl/zwroty/
damdeczk0
OP1 year agoOh, and what does the procedure for returning the car look like?
arima4759
·1 year agoI remember using this kind of long-term car rental when I was working abroad for over a year. It’s a convenient option. The cost is much lower than in the case of short-term rental. I didn’t have to worry about anything here, the car was insured, after a year I returned it and didn’t have to look for anyone interested in buying the car. When I handed the car back, they surprisingly didn’t charge me anything (and after a year the car already had some signs of normal use). Leasing definitely means more obligations and more extra costs than renting. If there’s such an option in Poland, then why not?
damdeczk0
OP1 year agoMaybe this will surprise you, but I don’t know any mechanics I’d really be able to trust 😉 And I’ve already had a junker. And a few times a year I had to fix it, which meant high costs and a lot of wasted time. So now I’d rather have something new with OC and AC and a warranty.
jamj_4323
·1 year agoWhy not buy a cheap “jalopy” and then just sell it once you've saved up enough cash? Talk to a car mechanic or a body shop. They all know someone who's trustworthy.
damdeczk0
OP1 year agoA one-year-old car isn't that much cheaper than a new one. At this stage of my life I can't afford to buy one, and honestly I wouldn't even want to.
natbrzoz-60
·1 year agoLong-term rental makes sense if you need a reliable car, with no surprises. Full insurance, no need for inspections. You fill it up with fuel, drive it, and nothing is your problem.
mirsied-78
·1 year agoRule: if something is gaining value – buy it. If it’s losing value – rent or lease it.
So in the case of new cars, if you don’t want to take a big hit on depreciation, it’s better to rent such a car. One goes into the other. On the Master1 website https://www.master1.pl/ you can also check what the monthly rental price is for particular car models.
voge_1034
·1 year agoGenerally speaking, buying a used car is a good choice if the car isn’t going to break down on you — in the other case, you have to factor in the time lost on repairs, inspections, servicing, or wondering how the previous owner took care of it. My first cars were used, and breakdowns did happen, so you have to account for that in the budget.
If it comes to leasing or long-term rental, you have to add a few percent in extra costs plus the need for full insurance.
Other than that, there’s not much against it.
And whether leasing or long-term rental is better depends on the specific situation. If you’re planning on keeping the car for a long time, for more than 5 years, leasing will be better. If you’d rather change cars every 2-3 years, then consider long-term rental.
guangxi_hone
·1 year agoBuying is the more economical choice because you can sell it.
renting, on the other hand, is more convenient.
my advice: buy a one-year-old one with low mileage. Broken in, still under warranty, and significantly cheaper, not to mention that all the toxins from the components have already largely aired out (the smell of newness: paints, varnishes, catalysts, softeners, etc. etc.)