When you buy a car, the worst day for that car is the day it leaves the dealership. That day it loses a major chunk of its value, and then from that day onward, it keeps losing its value due to depreciation. But there is a way out of that situation, thanks to one month's car rental.
When a business takes a car on rental for the long term, they do not have to worry about depreciation or maintenance costs associated with the car, nor does it need to spend money upfront (as in the case of buying a car). Both time and money are saved because maintenance is carried out by the rental company and the business has one less thing to worry about.
Long term car rental Dubai comes with the following benefits for businesses:
All-inclusive monthly prices
Most car rental companies offer an all-inclusive monthly price which includes insurance, taxes, 24x7 road assistance, vehicle servicing, and maintenance costs. There are no hidden charges as in the case of hire purchase or contract hire, and you don’t have to worry about being tied for 12 months as in the case of a lease.
No capital investment and savings on depreciation
Since businesses don’t have to take a dent in their cash flow by investing a lump sum in buying a car, there is no big-ticket capital investment. There is just a fixed monthly cost in case of a long-term car rental, and in most cases, all other costs like assistance, taxes, and maintenance are included in the price. However, it is always best to double-check the terms and costs included in the monthly price with the car rental company.
Savings on maintenance costs and time
Since vehicle servicing and maintenance costs are included in the car rental, the car rental company will periodically pick up the car and get the maintenance done for you. This saves businesses money on maintenance costs and time needed to perform these tasks. It is one less hassle for the business and it keeps things simple.
Flexibility
There is no minimum contract duration for a car rental. There is flexibility to accommodate the change in needs of businesses. Moreover, some car rental companies like Al Mizan will give you the option to swap your vehicle whenever you want. That way if you get bored of driving the same car, you can swap it for another one.