Article Written By: Hannah Nixon
Cars are not only a mode of transport in today's world. It has much important functions in its owners life style than a mode of transport. People are often assessed according to their belongings such as mobile phones, cars, house etc. The properties owned by a person has a major effect in getting him noticed among public. Moreover people have an attitude to show respect based on the properties owned by another person. This fact implies even for dressing fabrics and styles. Car leasing and rent a car business are much popular. Rent a car business has a steady growth in business because more and more people prefer to lease a car in certain situations than to buy a car for themselves, or to use the car they own. There are two situations where a car is leased. One is the situation where a person needs a car, with full authority over it until the expiry of the lease period, and they are not in a situation to buy a car. This happens mostly in cases of tourists who are in need of a car for a short period of time, for their use, and they find it beneficial and economical to lease a car than to buy one for them. Another situation is where a person decides to lease a car, even though he has a car owned by himself, but not matching his temporary needs or status. Such leases are often made by business men in-order to attend business meetings in style, which their car may at times don't provide.These types are mostly based on the luxury and style of the cars. The people who lease it and attend such functions and meetings, get noticed, and definitely gets an impression among the people. Car leasing is beneficial at times. But there are certain risks too. It is always a liability to the person who leases it. Any damage occurred during the lease period has to be compensated by him at the time of return itself. While in the case of self owned, damages can be settled as per our ease of time and preference. Moreover if it is self owned, we can claim an insurance too, which the leased car owner may not agree to. Another risk is regarding the reputation among business meetings. Even though rare chances , while attending a business meeting with a rented car, if anyone identifies the car brought is a rent a car property, the reputation may go negative too. As an overall opinion, we can say, business car leasing is a good practice according to situations and needs.
This Article Has Been Published on Sat, 9 Apr 2011 and Read 302 Times