Rent, Share or Buy???
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Gonna start a new sales job next week which requires me to own a car. Should I rent/lease a car or join a car-sharing scheme for the time being so that I have less financial commitment in case I don't stay long in the new job? Or does it make more (financial) sense to get my own set of wheels? How much does it cost to lease a car for a couple of months?
Appreciate your advice regarding this and any recommendations for car rental/leasing/sharing companies. -
My advice: Share if you don't see yourself travelling too often or frequently. Lease if you do, at least until you're sure about your job. Buy as a last resort.Originally posted by nakata10:Gonna start a new sales job next week which requires me to own a car. Should I rent/lease a car or join a car-sharing scheme for the time being so that I have less financial commitment in case I don't stay long in the new job? Or does it make more (financial) sense to get my own set of wheels? How much does it cost to lease a car for a couple of months?
Appreciate your advice regarding this and any recommendations for car rental/leasing/sharing companies.
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Rent or buy, dont go for car sharing, the mileage will cost you a bomb...esp in sales line where you may need to travel a lot.
Renting usually requires you to pay for the rental and petrol and less commitment from you (means that you can stop anytime you like after a few month), whereas having your own set of wheels will include other costs like road tax, insurance, and more importantly, the commitment needed to 'hold' the car for a longer time, more so if you decide to buy a new car. -
If you are working as sales (I.e. travel around very day), then I think it is best to buy. Daily rental is definitely more expensive than owning a car.
Do consider if you really need a car. Some sales do not need to bring a huge bunch of products around. In those cases, consider a combination of bus/MRT/taxi to solve the moving around problem.