Buying Or Leasing?

Topic locked
  • Reply
Buying or leasing? Feb 06, 2006
Hi all,
moving there next month, been doing some research in the internet, and could not find any option to lease a car. Is that possible though?
Why everybody buys instead of leasing?
Thanks!

ton77
Dubai Expat Wannabe
User avatar
Posts: 7

  • Reply
Feb 06, 2006
Yes, leasing - both short and long term, are readily available here.
XRW-147
Dubai Forums Zealot
User avatar
Posts: 3114
Location: Leaving the racetrack behind

  • Reply
buying vs leasing Feb 06, 2006
if you compare buying to leasing, leasing is slightly more expensive.

leasing you obvoulsy are not responsible for the mainteance and registration of the vehicle.

when you deceide to leave the country you don't get anything back. if you buy the vehicle you can at least sell it and recover some of the money you have paid in on it. bear in mind the market value of second hand vehicles here is quiet low; then again something is better than nothing.
dbxsoul
Honored Member
User avatar
Posts: 1626
Location: Dubai

  • Reply
Feb 07, 2006
There are companies like Diamond Lease and the usual Hertz, Budget etc. A small car can cost around DH150 a day but a rate of DH1500 per month. Your company may have a corporate rate of say DH1300 per month. Petrol is inexpensive. Buying is inexpensive and the loan repayments are not dissimilar to leasing but you will get a more useful car ie. a 4wd (second-hand) that means you can drive on the sand and drive over all the road work down Jumeirah Beach Road. :)

For any info like this I suggest looking at the yellow pages on-line. :)
GAB
Dubai Forums Veteran
User avatar
Posts: 1383

  • Reply
Feb 07, 2006
I hope you is not abusing hubbys tank Gabs

:wink: :wink:
arniegang
UAE, Dubai Forums Lord of the posts
User avatar
Posts: 7007
Location: UK/Dubai

  • Reply
Feb 07, 2006
Thanks for the advise.
How much would be the lease of a good first hand SUV? Any idea?
ton77
Dubai Expat Wannabe
User avatar
Posts: 7

posting in Dubai Expat Help ForumForum Rules

Return to Dubai Expat Help Forum


  • Related topics
    Replies
    Last post
cron