Thursday 5 May 2011

Long Term Car Rental

Long Term Car Rental in the UK is an incredible business that is growing from strength to strength with its flexibility options.  A far cry from leasing a vehicle and having to be committed for a minimum term, long term car rental offers rental agreements from just 28 days through to as long as you require the vehicle.  Even if an agreement is reached whereby you agree to have the vehicle for 6 lots of 28 days but find yourself unable to keep this agreement, then with as little as 48 hours notice you may return the car or van.  It really is that simple.

The economic crisis has slowed vehicle manufacturers down in 2011 and although they are slowly picking up the pace, many people are finding that there new car will not be ready for months.  In many cases they are not even ready to be made.  Having to wait months and the unpredictability of when the car may be available makes it almost impossible to lease a car as you do not wish to be tied to a minimum contract that penalises you for returning early.  Equally, it does not make sense to keep the car when your new one arrives as you can not drive 2 cars at the same time and to be fair, it is just a waste of money.  This is where renting a car long term is favourable.  With hire prices nearing lease prices and the option to return early or extend the rental, it almost makes sense to just rent a car all the time.

Long term car rental is also a favourite with business' with seasonal peaks, employing new staff on a probation period and for tourists that are unable to get finance in the UK immediately but wish to drive in the UK for a month or more.

I have found it difficult to find a negative about hiring a car long term, so please comment below if you have had a long term car rental that you have found negative points for.

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