The Comparison Between Car Hire and Car Lease in Dubai
Vehicles are of great benefit because they facilitate our convenient movement from one location to the other. In Dubai, owning cars is ideal because; they are not expensive to maintain, cars allow you not to spend time in the hot sun waiting for buses, cars help you to avoid the crowded trains, and they are cheaper than using taxis to move to various locations in a day.
Conversely, car ownership is not practical for everyone for many reasons. Many people cannot manage to buy cars either because good cars are expensive and their other needs suppress their ability to accumulate the money required to buy a car or their stays in Dubai are limited to a short period. These two reasons make car rentals great saviors who enhance the people’s comfort despite their limitations.
Hiring a car only allows you to use a vehicle for a short period, that is, a few hours, days or weeks. Leasing a car allows you to utilize a vehicle for an extended period, normally 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 level of accountability that is expected in car leasing is higher than that of car hire due to the fact that leased do not change hands as often as cars for hire do. When leasing a car, it is possible to be issued with a brand new car, but with car hire you can expect to find used cars because they are utilized by many people.
The terms and conditions for both processes are usually highlighted in the contracts availed and must be signed to show a mutual agreement. When terms and conditions are not fully observed, they attract penalties. A primary concern in both arrangements is a car’s mileage. The mileage is checked upon a car’s return to assess whether the limit given was exceeded.
When a car is returned, it is inspected in other areas as well for both car hire and lease. The inspection is carried out in both the interior and exterior parts of a car to make sure that it is returned without damage. In the event that a car is returned with damages, a lessee and renting company usually agree on a compensation fee that must be paid by the lessee. Hence, you must make sure you carefully inspect a vehicle and discuss any faults with the renting company before accepting it to make sure that you are not asked to pay for any damage you did not cause.