Buying vs renting a car
By Scoobychick •
Would you reccomend buying or renting a car? what would i look at paying per month on a car for about 120 000 QR, including insurance and stuff?
Would you reccomend buying or renting a car? what would i look at paying per month on a car for about 120 000 QR, including insurance and stuff?
You can find best options here
The monthly payments for a loan of 120,000 QAR to be paid off in 3 years are 3,900 QAR per month. You will be much better off if you buy a brand which is easy to sell at the end of your contract, before you leave (such as Nissan and Toyota). We did the same. The other thing is to advertise around 3 months before you leave so that you are not pressured into dropping your asking price. If you leave it to the last minute you will find a lot of 'opportunists' calling you offering well below what the vehicle is worth.
Insurance - Fully compreensive with passengers - around QAR 4,000 per year. You will have to have fully compreensive insurance if you purchase a vehicle on loan basis.
Registration - QAR 100 per year.
Inspections only start once the car completes 3 years.
Hope that helps! :)
Never rent for long term use.Resale value after 2 years is good if you sell.
Our lease to own packages are simple and easy to procure.
You can go for a rental package and own it at the end of the contract. Please visit our website www.jnfqatar.com for more details.
We shall be pleased to discuss your requirements more personally and directly with you, face to face. Kindly visit our office at your convenient time. Our office is on the 5th floor, Mercure Grand Hotel, Room No.41 Tel.No.4370672 and mobile numbers Thomas 5854356 or 7802436(Aji).
Our timing is 8.00-12.30 & 16.00-19.30.
asif_Khan, 10000 pm? what figure is that?
Thank you DaRuDe. that was about the number i was thinking as well.
Call 4456993 - He will answer all your questions regarding car loan. He is working in Bank as Car Loan Officer.
it also depends upon the interest rates as well may be u would pay more for more details u can contact ur bank for loan faciliites and interest rates
depends on your salary and bank.
should be btwn 1900-2200
10000 per month
buying is much better than renting as u would pay more than 1000 per month for renting the car its better u can take a car from loan and pay that to the bank
if i buy, say for the value of 120 000QR, how much will i be paying a month?
You buy or you rent you still have to pay.
so better buy one and own it.
If you buy it at the end of the day you will have a car of your own.
If you rent one you will be paying around 2500-3000 every month and at the end NOTHING.