Comparing Between Leasing and Hiring Cars in Dubai
Cars are important because they help us to travel to various locations easily. Owning cars in Dubai is a wise choice because; their maintenance is affordable, they protect people from the hot sun that they could deal with while waiting for buses, they help people to avoid the crowded trains, and they are cheaper than using taxis to move to various locations in a day.
However, not everyone can manage to own a car for various reasons. Many people find themselves incapable of buying cars either because they have other urgent needs to cater for and can’t afford the full amount required or they find buying cars unnecessary because their stays in the city are temporary. This is what makes car renting very useful to meet people’s needs easily regardless of their challenges.
Car hire is an arrangement which allows a person to utilize a car only for a minimal period of a few hours, days or weeks. Car leasing is when you pay to use a car for a long period, usually extending up to three years. In both arrangements, the car’s use is temporary but you can use the car as if it were your own. Nonetheless, leasing a car gives you an opportunity to own a rented car in the end on condition that the residual value is paid for and your contract supports that.
Leasing and hiring cars attracts an obligation of both the car owner and the person seeking the car services. The obligation associated with car leasing is greater than that of car hire because only a limited number of people utilize a particular car unlike in car hire where the number is countless. It is possible to have a brand new car to lease, but cars for hire are usually used because they change hands frequently.
The terms and conditions for both processes are usually highlighted in the contracts availed and must be signed to show a mutual agreement. When a contract is breached by a lessee, they usually face some consequences. One critical aspect of both rental arrangements is the mileage of the cars. There is a limit to the mileage that should be utilized and if a lessee exceeds it, they have to pay extra money.
In both car rental processes, other elements are also checked upon a car’s return. The inspection is carried out in both the interior and exterior parts of a car to make sure that it is returned without damage. When there are faults in a car, a lessee is prompted to compensate the renting company or car owner for the damages. Therefore, you should thoroughly inspect a car before renting it and highlight all errors noticed to the renting company to avoid paying unnecessarily for another person’s fault.