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Both used cars and rental vehicles can be an effective choice, but only in the correct situations. Renting a vehicle can be very expensive, so it is generally a poor idea if you need a vehicle long-term. That being said, rentals can be effective if you need to change vehicles frequently, or if you plan to travel over a long distance. If you happen to be travelling for business reasons, a rental may be your only option within your expense budget. Use these tips to ensure that you make the right choice each and every time.
Deciding On a Budget
Budget is usually what dictates the type of vehicle that you purchase. Although you may be surprised, purchasing a used vehicle outright can actually be more beneficial than renting if you plan to drive the vehicle for longer periods of time. A car hire will run you hundreds over the course of a month or more. If you need a larger vehicle for groups, you may find yourself paying out even more. In this case, buying a temporary used car can help you to save money, and you can always sell it off to the first buyer before you leave the area. This helps to recoup costs.
Read more: Deciding to Buy a Used Vehicle or Rent One: Tips for Success