Introduction
Like in every other industry around the globe, this question has definitely come up in conversations surrounding Car Rental and Car Purchases to Own. In Kenya particularly, we have seen more than a 26% rise on the cost of purchasing second hand vehicles. Whether imported from Japan or other countries. Dealer prices have also shot up significantly. For example, a unit such as a Honda Ace CB125 hiking to Kes. 170,000 from Kes. 130,000 in 2023. With the trajectory of our economy today, this question then becomes more pressing than ever before.
Owning A Car
Owning a vehicle brings with it some advantages. From the feeling of ownership that you get whenever you remember that logbook that’s tucked in between your certificates, to the unquestioned liberty of calling it “my car”. However, this comes at a price that ought to be considered.
First, there is the depreciation that happens immediately you drive it out of the yard / dealer shop that no one ever mentions to you. It’s an immediate drop of approximately 10% that happens within seconds.
The second thing to consider is the fact that you have taken on a lifelong liability. From fueling, repairs and maintenance, insurance, and even upgrades where you need the vehicle to match that dream car in your head. These costs are never going away. At least not for as long as you own that vehicle.
Furthermore, now that you have already taken up this responsibility, turning back seizes to be an option because at any point, you will already have put in too much!
Renting A Car
On the other hand, renting a car frees you of all these concerns. You don’t have to worry about costs relating to the initial purchase, insurance, upgrades, repairs, or even maintenance. Cabiz Logistics further extends this convenience to you as a client by ensuring that you have no downtime. We provide an alternative vehicle immediately the one that you have breaks down or stalls for any reason. This ensures that as a car rental client you can continue with your program uninterruptedly, leaving us to do the hard work. Oh, and most importantly, we don’t catch feelings if you call it yours!
So, with this information, you make the decision. Will it be Cabiz Car Rental where there’s all to gain with absolutely no hassle, or will it be otherwise?
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