Why Lease and Not Buy A Car

February 26, 2020

If you are staying in Dubai, you would want to have a car in your garage to go places in the city. We suggest you go for leasing a car instead of buying one. Car lease Dubai is actually an easy procedure. Buying a car requires a lot more paperwork than leasing one and it costs more too. Additionally, it saves you a significant amount of money in the long run. In this article we cover the various advantages associated with leasing a car in Dubai as opposed to buying it. We hope this helps our readers in making the right decision.

Inexpensive

If you lease a car, you will observe that the lease payments are actually quite cheaper than the expenses included in buying a car. It’s almost 30% to 60 % cheaper than buying a car.

Convenience

After the lease period, you are no longer responsible for the car. However, if you own a car you have to look after it for years before you finally decide to sell it. The car you own will probably take up a lot of money from your wallet for maintenance and servicing before you finally sell the car as a second hand. In secondhand sale, there are few chances of you getting a good deal on your used car. 

No Reparation Costs

If your car lease is for a smaller number of months the rental car’s maintenance is covered. It depends on the car rental you are dealing with. You don’t have to worry about any repair or maintenance costs which wouldn’t be the case if you had bought the car.

Tax Benefits

If you are in Dubai for work and are using the rental car for business rather than pleasure, there is a good chance that you can put your lease payment under tax deduction. If you don’t have a business of your own, you can still get a reduction in your total bill. 

Drive the Latest Car Model

Leasing a car allows you to experience a car without actually buying it by paying its actual price. Keeping this benefit in mind, try to lease the latest cars in the market. This way you can be on par with the trends and experience the latest technology. 

These reasons and many more point to the fact that leasing cars is a great alternative to buying cars for people who like to try out new car models, with a limited income. We hope you make the right choice after reading this article.