BUY OR RENT?

CAR RENT IN PATTAYA

Many people coming to Thailand with the invitation of a job or start own business. All of them need a vehicle. Some people want to drive a car of a business class, someone enough subcompact for mobility and comfort in movement. This question we will leave, because the tastes...

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31/07/2014

Many people coming to Thailand with the invitation of a job or start own business. All of them need a vehicle. Some people want to drive a car of a business class, someone enough subcompact for mobility and comfort in movement. This question we will leave, because the tastes and preferences of different people are extremely difficult to judge. In this article we will discuss why it is profitable to use car rent in Pattaya than you buy your own car, if your staying in the Kingdom is limited by the contract, or you live in Thailand seasonally.

1. The cost of cars in the "Land of Smiles" is much higher than in Europe but the loss after leaving the dealership is the same - 20% of the price. By purchasing a car, you will lose up to 30% of the cost for the first year of driving. It is can be justified by the amount of the cheap cost of finance (around 3% per annum), but eventually the loss will be greater.

And the requirements of the borrower-foreigner is too high: down payment 30%; a work permit; extract from the Thai bank for last 6 months as proof of income; Thai citizen for guarantee. Well, during the first year of life here, take advantage of car loans is unlikely to succeed.

2. The cost of insurance on the car of middle class from 15 to 30,000 Baht per year. Car hire in Pattaya will save you from these charges.

3. Maintenance, repairs and other expenses just to lie on the company where you are renting a car.

4. In case of an accident, if the vehicle requires body repair, the absence of your car can range from 1 week to 2 months. You'll have to move around by public transport or rent a car in Pattaya. But if you have a rental car initially, the company 5 Star Auto totally free will provide a spare car, within an hour after the failure of the main, wherever you are.

5. In case of an accident or any problems on the road you can contact our 24 hours customer support and we will solve all your problems. If car is yours, then you are on the road on your own, and all the possible issues and communication with the law you will have to clear by yourself.

6. And the best of all! If you want to change the vehicle on a higher class car or car in a new body, you do not need to engage in the sale and purchase of a new vehicle. You just need to call us and tell what kind of car you want!

By the way, for customers who rent car in our company for the long term (1 year or more), we offer a completely new car from the dealer with mileage "0 km". You just have to choose the color, options and contract.

As a result, if you just calculate the standard cost of auto and maintenance, you will get:

Vehicle average cost 700,000 Baht. Accessories – park radar, window film and floor mats will cost you around 15,000 Baht. Insurance – 18,000 and planned maintenance (for the first year of driving) 12,000 Baht. Total for the first year you will spend 745,000. A year later, the value of your car will be 480 – 500,000, that’s mean that you will lose at least 245,000 Baht.

The cost of a similar car rental will be about 20,000 Baht per month. During the year you will pay about the same 240,000, but you will not think about the various issues, service and repair.

The decision of course is up to you. We can only wish you good luck on the roads and unforgettable time in Thailand.

Information about conditions of car rental, you can read in our article "Terms and conditions of hire" or in the section TERMS & CONDITIONS of our website. Our car park you can check here.