If you are planning to go to Dubai, or just have landed in the city, and your plan is for a long time stay, you will be worried about your ride. The rising costs of vehicles in Dubai are very painful. You have to compare the advantages of buying, renting, or hailing a car in Dubai. Each of them has its pros and cons, so before making a decision take a look at every option’s advantages and disadvantages.
According to the statistics provided by the Road and Transport Authority, there are 540 cars per 1000 people in Dubai. It is the highest figure in the region and one of the highest in the world too. So having a car in Dubai for your use and ease is as important. You have to look at the benefits of claiming a car, leasing, or hailing in the United Arab Emirates. All of the things are to be considered before buying, renting, or hailing a car.
Some people thought that owning a car over renting in the UAE will give you peace of mind and a sense of security with experience of safety. But the question is you financially smarter and stable to get a car in Dubai? So you have to review your decision and take a look at every aspect of your choice.
Some of the advantages and drawbacks of buying, renting, and hailing a car are given below:
Buying a Car
If you are going to buy a car in Dubai you have the benefit of installments, as lease installments are costly than credit installments (month to month). Once you finish your installments you are authorized to drive your car for a considerable length of time. Another benefit of buying a car is whenever you are stuck monetarily with it you have an option to exchange or sell it. You have an alternative of selling the vehicle whenever you want.
Buying a car also has some drawbacks like you have to pay a monthly payment, extra auto costs, annual inspection fee or registration-related fee, cost of services, maintenance, and parking, and fuel combustion. After all these payments and down payments you can drive your car in Dubai which is quite costly for you.
Renting a Car
The big advantage of renting a car is there are no depreciation losses. Another benefit is that you do not need to do long-term commitment. You are free to leave the country or travel outside the borders of the UAE. You have an option of saving Dh 2000 to Dh 3000 by stopping giving the rent of the car. No extra insurance or accident coverage is required when you rent a vehicle.
However, renting a car has much fewer expenses than buying. Its yearly cost is Dh 40, 50 while the yearly cost of buying a car is 20,800. Most of the companies also give you a discount offer if you rent a car for the long term. To get a
Rent A Car Dubai you can contact any car rental Dubai company to get a car of your choice.
Hailing a Car
The main benefit of hailing a car in Dubai is to roam around the city without even a headache of rent or buy a car or driving it yourself. Others are you have to pay no extra payments like parking, services, etc. You never need to pay for stopping or managing administration. You are not bound to pay for the loss or damage that occurred while driving the vehicle. No need to deal with the components being repaired.
Hailing a car is best in terms of calculations and danger factors like fine or damage to the vehicle. Moreover, its monthly payment is DH 2,000 and no extra auto costs (parking, maintenance), and the yearly cost is 24,000. And don’t you think it’s too expensive.
What would be the best option in Dubai?
If you are financially strong enough then buying a car in Dubai would be the best option. But before buying you have to hold some points in your mind like:
A second-hand car should be preferred because a new car has a ton of steeper depreciation, which is the highest value for owning a car with pride.
Your automobile should have to be in better condition to face an unexpected situation that may later turn out costly
If you are going to stay for only a few months, and want a car for less than a year, then owning becomes costly. Because the time frame desired to be close to a year or even more.
So before buying a car take a look at these points too.
We recommend renting a car from any professional and Cheap Rent a car Dubai company, if you are in Dubai as a tourist, but if you are in Dubai for business or work, then you should opt for your personal car.