DrivingBus.com/blog is an automotive blog contains numerous topics with latest information about auto accessories, motorcycles, auto system, legal, financing & insurance, auto supplies, transportation, driving school, rentals, buy & sell, travel.

Archive for July, 2015

Benefits of Car Hire

Monday, July 20th, 2015

One of the main benefits of car hire is when on vacation. When visiting a new city, town or country, you will find that renting a vehicle provides you with complete independence and convenience. Rather than relying on public transport or making use of tour groups, you can put your own itinerary together. This enables you to spend as much time as you want at the sights and attractions that interest you.

When travelling with a tour guide, you are working to their schedule and ensuring that you don’t delay all the other people on the tour. This means if you arrive in a particular area and love it, you are forced to leave before you are ready. If you are using public transport you are working to the bus or trains timetable, but when you use a car hire service you are working to your own itinerary, your own schedule and your own time. This enables you to really enjoy, explore and relax.

If you are planning to travel as a group and you all have compact vehicles, car hire enables you to hire a vehicle that can accommodate all of you. When working out the cost of taking a number of vehicles on the road, paying for fuel and wear and tear, all paying towards a car hire vehicle can be a more affordable and fun experience. Travelling together as a group makes the entire time away fun, starting the minute you set out on the road until you all return home again.

Many people take advantage of car hire services when they are planning a driving vacation. If you want to travel to another area in your country and are thinking of driving there, this causes significant wear and tear on your own vehicle, which can cost thousands in the long run. Using a car hire service ensures you save your own vehicle and can enjoy a luxurious and comfortable drive in a vehicle which is serviced and well-maintained.

Another benefit to car hire services is the ability to try before you buy. Buying a new car is a big decision which cannot be taken lightly. In most instances you can take the vehicle for a test drive, but that twenty minutes or half an hour isn’t really enough to identify if the car you are interested in, is the right one for you and your family. With car hire services you can hire the vehicle for a week or more, really get a feel for the vehicle and then make the informed decision on whether to buy or not.

When it comes to benefits of car hire, one of the top benefits is to have a fun day with the family. If you have been invited to go off roading with some friends, it’s going to be impossible in your family sedan or compact car. You can hire a SUV or all-terrain vehicle, enabling you to have a fun experience without causing any damage to your own vehicle.

Finally, another benefit to car hire is that most reputable car hire companies will provide you with twenty four hour roadside assistance. In the event the car breaks down or you experience a flat tyre, you can phone the company and they will send someone out to you to help you with the repair, getting you back on the road in the shortest period of time.

Buying Used Cars Makes More Financial Sense

Wednesday, July 8th, 2015

Although an obvious benefit to buying used cars can mean a less expensive purchase and cheaper monthly note, it is really the additional benefits of what can be done with those potential savings that can be life changing.

The Depreciation Factor

Most people already know that when it comes to buying a car, new or used, there are certain inherent risk factors involved, namely depreciation. Depreciation is the decrease in value that a car loses over time, and can vary depending on the make and model of the car. Depreciation of a vehicle starts the minute the car is driven off of the dealership lot.

Like it or not, depreciation comes with the deal; there’s no way around it. However, the only real way diminish the impact on your wallet is to either buy a car that has a traditionally high resale value, which requires a good bit of research on your part, or you can simply scale down your purchase to something more affordable, liked used cars. Bear in mind, by waging your bets with a vehicle that you believe has a high resale value, there is still a certain degree of depreciation that will ultimately affect the value of that vehicle.

Does Your Decision Have More To Do With Status?

For some, buying a new vehicle may have more to do with status than it does necessity, which ultimately affects the ability to make a practical decision. Financial experts strongly advise against financial decisions like this, especially ones that involve highly depreciative items. If need be, take a step back and examine the true nature of your intent in purchasing a new vehicle. Perhaps doing so can help you eliminate the desire to impress with something you truly cannot afford.

What You Should Consider Instead

The best way to demonstrate the additional benefits of what can be done with potential savings is to give an example. If you were to purchase a new car for about $50,000, depending on the depreciation of that car, you could be looking at a vehicle with a value of less than half of what you paid within a couple of years, although you may have barely made a dent in the repayment on the loan. In the housing market, this is what is referred to as upside down, meaning you owe more than the property, or, in this case, more than what the vehicle is worth.

Instead, what you could and should do is consider buying used cars. First of all, you already know that a pre-owned vehicle will cost a lot less than the $50,000 new one previously mentioned. If you were to consider the difference of purchasing used cars instead of new models, you may find that the savings could be a tremendously beneficial in helping you reach some other financial goals. Specifically, if you bought a $25,000 pre-owned vehicle with say a $250 monthly car note instead of a $500 monthly car note, you could take the difference of $250 each month and put those funds towards something else, like an investment that could contribute to your financial security.