Car rental, which we prefer to meet our short or long term vehicle needs, provides a number of important advantages to customers according to the vehicle purchase process, from a broad perspective. Long-term car rental, which has been used quite widely recently, is a serious alternative for meeting vehicle needs.
Before going into the details, it is worth mentioning the 2 important advantages of renting a car. When you want to buy a car, you have to allocate an extra budget to get the car's mandatory traffic insurance as well as down payment and monthly payments. In addition, all maintenance and repair costs will be a burden on your budget. In addition, when you want to protect your newly purchased vehicle against accident situations, car insurance prices will cause you to review your budget again. Moreover, you cannot predict how the vehicle will fail, that is, how much load it will put on your budget periodically. Of course, let's not forget the inspection costs and the costs of the motor vehicle tax.
In the alternative to car rental, you can set your monthly expense and rent the car that is the most affordable price for you as your payments will be fixed and regular. So you will not encounter surprises after purchasing. Let's come to the details…
Advantages of renting a car in terms of vehicle renewal
When you choose the car rental method, you have the freedom to change the car you rent at any time. So you do not waste time for trading transactions. Of course, you can eliminate the risk of depreciation.
Advantages of renting a car in terms of insurance and operational affairs
All insurance costs, including compulsory traffic insurance, are on the rental company. Moreover, when you have an accident with a rental car, your damaged vehicle is replaced with a replacement vehicle of similar characteristics until your vehicle is repaired. So you will not lose any jobs.
Advantages of renting a car in terms of maintenance
The company will bear all the repair and maintenance costs of the vehicle you rent. In other words, no matter what problem the vehicle you rent, the maintenance costs are covered by the car rental company. Moreover, as mentioned above, a replacement vehicle is provided to you during the long term maintenance and repair works.
Advantages of renting a car in terms of tax
Even though vehicle purchasing provides an advantage in terms of depreciation, VAT is a cost element. VAT paid at the time of vehicle purchase cannot be evaluated as a discount, it can be shown as cost or expense. Motor Vehicle Tax paid for vehicles cannot be recorded as expense. When the rental method is preferred, the VAT amount in the monthly rental invoice issued on behalf of the leasing company can be deducted from the VAT to be paid in the following month. All monthly rental invoices can be recorded as expense in the 3-month balance sheet period.
