Not everyone needs to make a long-term commitment to a car. Buying a car can be a decades-long financial decision, and the average lease term is between 24 and 36 months. So what if you’re looking for a car for a shorter term with fewer contracts?
This is where car leasing comes in. This option offers drivers a flexible way to reach their goals and drive the exact type of car they want. With a little clever online research, you can drive the car of your dreams without having to make a down payment.
Depending on your current car situation, renting a car may be a better choice for your finances. Do some research online to find out what deals are available for prospective renters.
Here’s an overview of how renting a car can benefit drivers.
Why renting can be beneficial?
When you choose to rent a car, you’ve more leeway in when you pick it up and when you return it. This is ideal for drivers who need a temporary vehicle for any reason.
Some situations where renting a car makes sense are:
- Extended business trips;
- Seasonal work or temporary absence from home;
- Waiting for major repairs to your vehicle;
- Extended vacations or;
- Waiting for a new car after an accident.
Renting offers drivers flexibility, especially if they don’t need to drive every day. Instead of owning a car and leaving it unused at your residence, you can rent a car whenever you need it. Instead of constantly paying monthly instalments and car insurance, you can pay a flat rate and other associated fees to rent a car.
Plus, you don’t have to worry about expensive maintenance costs when you rent a car. Unlike owning a vehicle, you don’t have to worry about maintenance, insurance, and service fees. You also don’t have to invest thousands of dollars in a vehicle that immediately loses value as soon as you drive it off the lot.
Lastly, indecisive people can rest easy knowing they don’t have to commit to a specific model for the long term. You’ve the option of trying out a new car every time you decide to rent one. Whether you’re looking for a reliable SUV with good mileage for a road trip or a luxury vehicle for a special occasion, with a rental you’ve the freedom to choose from a variety of models that fit your current mood.
Rent for longer periods
Depending on how long you want to rent a car, you can get a good deal. This is true for people who want to rent a car for a period of one to 11 months.
According to car rental company Budget, customers can pay a lower daily rental rate the longer they use the car. You also get a discount on the Loss Damage Waiver.
Research on the Internet what incentives companies offer their customers for longer rental periods and see how much money you can save.
Senior discounts
Getting older has many benefits, and one of them is discounted rates at car rental companies. If you’re at least 50 years old, there are several ways to save money. For example, you can save at some popular car rental companies:
- E-Z: Motorists receive a 10 percent discount.
- Hertz: Drivers receive up to 20 percent off.
- Sixt: Save five percent on luxury car rentals.
- Thrifty: Save five percent on time and mileage rates.
According to MoneyTalksNews, there are special offers for eligible AARP members. You can save up to 30 percent on most car rentals. At Zipcar, members can save 43 percent on an annual membership and receive a $40 trip credit.
Visit Groupon
Another way to save is to use online discount codes from Groupon. On the website, you can find various special offers from car rental companies. You can save through exclusive prime rates, advance booking with a coupon code, percentage discounts, driving credits and more.
Download an Internet discount finder
Imagine being able to save a lot of money without having to do your own research. This is possible if you download Honey, a free browser extension, to your computer.
The online discount finder searches the Internet for active discount codes that you can apply to your rental. It does the work for you and helps you make renting a car cheaper.6
Book a rental car online
If you’re ready to hit the road with a rental car, start searching online now. You can browse different car rental companies and find out what models are currently available. Just make sure you don’t book a rental car without finding a deal first.
Booking a rental car online can also help you find the best rate. Compare fees and legal requirements online, look around for deals and find out which company can lend you the car at the cheapest price. Find out if there are discounts or special rates for people who need to rent a car for more than a few days or weeks.
