Car Rental, Hire & Leasing
Car Rental and Car Hire covers tends to cover the short
term use of a vehicle, whereas a Car Lease is, for some people, a longer
term alternative to buying a car outright. Both options are worth
considering if you want to reduce your motoring costs.
Short term hire or rental can be a great option if you
don't need a big car all the time. So many of us run around in big,
expensive vehicles just because we might need the space from time to
time. If we stopped to consider what we could save by running a
smaller car we'd probably find that we could easily afford to hire a bigger
one on those rare occasions when we actually needed the extra space.
For some reason, in the UK we're more happy to rent
houses, and yet we want to own our cars outright. And yet houses tend
to be appreciating assets over the long term, whereas most cars lose
value. So leasing your car can be an attractive option. To
determine whether a lease plan makes sense for you, get several quotes from
car leasing companies and then compare the total cost of a lease against the
more traditional option of buying your car outright. Consider also the
many different hire purchase plans, and other finance deals that are
available. Remember to consider all the factors - does the plan
include servicing and insurance? what happens if I want to terminate the
lease early?
Leasing plans can often be particularly attractive to
companies who want to avoid tying up their cash in a vehicle. However,
company car ownership is on the decline as the tax incentives are no longer
as great as they once were.

Hire the car of your dreams
Car Hire is no longer restricted to small family
cars. You can hire almost anything these days, including the car of
your dreams for that special occasion. Porsches and Ferraris are very
popular one day or weekend rentals. At least one compnay is offering
the ultimate Ferrari Enzo for hire, though the cost is several thousand
pounds per month so you might want to start with something a little more
modest.
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