These days, most of the major car manufacturers are not that serious about encouraging vehicle rental to individual customers, because it is part of a business that is more dedicated to industry as well as fleets. However, vehicle rental facilities have begun to emerge, which are handled directly by car manufacturers. As in Indonesia, Toyota Astra Motor opens new vehicle rental facilities for consumers.
That has changed significantly, and at present the entire large auto industry is actively promoting the idea of car rental, making it a viable option for individuals rather than buying a car outright. By renting a car, the process will be easier and the funds prepared are certainly not that large.
Renting a car must be considered a long-term lease. Many people love the idea of renting out their car, simply because it allows them to own it in a method they can't afford.
The obvious downside to renting a car is that you don't own it, you don't have the title of the vehicle. At the instant level, this means you can't really make many modifications or changes to the vehicle, and you have to return it at the end of the rental period.
The decision whether to buy or rent a vehicle specifically comes from the comparison above. For many people, the idea of leasing has several properties that go beyond the problems of vehicle ownership or proprietary rights.
Car rental is a long term contract of service, generally up to 72 months. There is a regular monthly payment, which is largely based on the depreciation of the vehicle over the term of the lease.
There should be other conditions, such as a mileage allowance, always throughout the rental period, and it could be every year.
Generally there is an option to purchase bonus mileage, and the cost must be specified in the terms and conditions of the lease agreement.
With any lease agreement, all payments must be translated and clarified at the beginning of the lease period. It lists what is generally said to be the end of the lease agreement. This is the payment associated with vehicle wear.
The option to buy or rent is not really a financial option, although leasing is generally a much cheaper option. The real decision comes down to a more emotional decision, where people increase the pros and cons of ownership and pay is adrift, as opposed to the form of a loan, which after a few years means you have to pay it back.
Examples of Toyota Kendarivehicle financing in Indonesia are Toyota Astra Finance and Astra Credit Company. This financing is a group of Astra group companies that are specialized in vehicle financial services.