Buying vs. Leasing: Which Is an Affordable Car Deal in Australia?

 

Car Deal in Australia

Australia’s sundry and remote landscapes intrigue people to explore more apart from its open roads. And also force people to head on for a road trip. Well, if you’re also planning to kick start a road journey, then you may be wondering whether you should buy the car or take it on lease.

However, there are several car options like Volkswagen, Kia Carnival, and other economical city cars available in the market. So, weigh all the options and understand which is an affordable car deal for yourself.

Firstly, pick the right car…

Yes, this depends upon one major factor: the number of people you want to accommodate. So, if you’re looking for 5 passenger seaters, then Station wagons will be the best bet. Also, if you’d like to explore the remote regions of Australia more, then an SUV will work well. 

Further, if you’re keen on exploring only Australian cities and towns, then Volkswagen or Ford Falcon will be the affordable ones. But before you purchase or rent any car, don’t forget to look for the records of car service in Bentleigh East or other suburbs. It’s better to be safe than being late.

Buying vs. Leasing: What’s best for you?

Buying a car in Australia:

The pros

  • One of the biggest advantages of becoming a car owner is its stability. Like home, you’d have an asset in the form of a car, which you can drive anytime and anywhere. In simple words, it will render you a sense of freedom. As well, make economic sense if you’re a wanderlust.

  • Secondly, when you sell your car in the future, you get the money back; at least some of it. Well, that’s not the case when you step in for renting a car.

  • Thirdly, if you’re planning to go distant sealed roads, then buying would be the ideal choice. It is because rented cars would be super expensive if you’d like to travel for several weeks. At that time, the only thing you need to do is a check-up of your car from a reliable mechanic in Bentleigh East or nearby your place.

The cons

  • Buying a car demands a greater upfront fee; if you have that much of a budget, then you can go ahead and buy the one.

  • Also, buying a car and selling the car in the future can be a hassle. When buying, you need to register and get the necessary documents for the car. Also, when selling, unless you don’t have a guaranteed buyback written into the contract, the whole process gets tough. 

  • A rental car would provide you automatic insurance and emergency assistance, which is not possible when you buy one. However, you can take your own car insurance and enjoy its perks.

Renting a car in Australia:

The pros

  • If you’re simply looking for a month travelling on the roads of Australia, then renting a car would make more sense.

  • Along with the rental car, you can also enjoy the perks of automatic insurance and breakdown assistance. All of these come in the same package. Hence, you don’t need to look for any car repairs company in Bentleigh East or the suburb you’re travelling when stranded on the road.

  • The best part is you’d get a chance to travel in a brand-new car and get a chance to drive in Volkswagen, Ford Falcon, or any other car.

The cons

  • If you’re planning an extensive road trip of more than 2 months, then the car on the lease would lead you to break the bank. Even the cheapest companies in Australia will charge more than 40 dollars for a day.

  • With car rentals, you will not get a sense of freedom and a specific car can be used for a definite period only.

  • Plus, opting for this option will not help you make money back as you can do through buying a new car.


It’s decision time!

This decision totally depends upon your preference and budget. If you prefer to travel frequently, then buying a new car should be the wise decision. Moreover, your car would demand proper maintenance for which regular car service in Bentleigh East or the suburb you live in will be needed. However, that would not be the case with a rental car, but for regular or long period travelling, you need to pay big bucks.

Hopefully, after weighing its pros and cons, considering your needs, you’d be able to make a smart decision.