How to Calculate Long-Term Car Rental Costs | Compare Car Rental Offers in Dubai

In case you are planning to rent a car at long distance in Dubai, you need to be aware of the calculation of the actual cost prior to signing the contract. Most customers consider the price of a monthly payment and ignore the other attributes which could influence the overall cost. Be it affordable car rentals in Dubai or you wish to take advantage of the long term car rental offers, a proper understanding of how the costs are calculated will make you make a wise decision as well as save your money.

What is a Long-Term Car Rental?

A long-term rental is the agreement between the customer and the car rental company of a specified duration that usually varies between 6 and 24 months.

The following are the people who prefer this type of contract:

• Organizations that require a permanent supply of vehicles to staff.
• The residents who are interested in owning a car but are not bound to buy one.
• Customers who wanted to have peace of mind and have maintenance and insurance included in the monthly price.

Reasons for Long-Term Car Rental Prices:

1. Car Type:

New cars or luxury cars are expensive as compared to economy cars.

2. Contract Term:

The longer the rental period, the lower the monthly price will tend to be.

3. Mileage Limit:

Any extra overrun on the mileage mentioned in the contract will attract extra charges.

4. Insurance Conditions:

Extensive or supplementary insurance will influence the overall price.

5. Added Services:

These may include periodical servicing, roadside service, or a loaned car.

How to Calculate the Actual Cost of Renting a Car?

In order to determine the actual cost, it is necessary to follow the following steps:

1. Base Monthly Price:

Begin by deciding on the contract price agreed upon monthly. As an example, one year, 1,000 Dirhams per month = 24,000 Dirhams/year.

2. Insurance and Maintenance:

There are companies that cover insurance and maintenance within the contract, and those that charge it separately. Ensure that you are aware of whether these costs are part of the price or not.

3. Fuel Consumption

This may seem like a small cost, but it impacts your monthly budget. In terms of fuel consumption, economy vehicles are more fuel-saving than luxury vehicles.

4. Additional Fees

To avoid any additional fees you should be aware of the following:

• Mileage surcharges.
• Off-peak delivery or any return fees.
• Minor fines or any damages.

5. Comparing Offers between Companies

Compare prices and services with use car rental deals pages. In other occasions, you can get huge discounts on long term reservations.

When is it best to book a long-term rental?

• More than 6 months stay in Dubai.
• In case you do not need to cover maintenance or insurance expenses yourself.
• Companies that require vehicles easily and without committing funds in the long run.

Tips to Reduce Your Monthly Costs When Renting a Car Long-Term

1. Book Early:

There are some reputable rental companies that provide advance booking discounts.

2. Choose Economy Cars:

You should select economy cars rather than luxury cars, when you are driving the car in the city on daily basis.

3. Compare different companies:

Use the car rental websites in Dubai to have the best prices.

4. Carefully review the contract terms:

Make sure to review the terms and condition of the contract while booking the vehicle, to prevent any unexpected charges at the expiry of the renting period.

5. Take advantage of seasonal offers:

Special discounts are usually offered by the companies during the seasons when tourists are likely to be high.

Monthly vs. Long-Term Rental Comparison Table

Conclusion

The estimated cost of a long-term car rent is not to be measured by the price per month alone, but by the entire picture. Maintenance, insurance, and roadside assistance are other features of contracts that can be more advantageous over time. Do not forget to look through all conditions and compare car rental prices before you pass a final choice in order to have the best money as well.

Frequently Asked Questions

1. Is it possible to end a long-term rental contract prior to the date that has been agreed upon?

Yes, but there is early termination fee which is usually charged according to the terms of the company.

2. Is the rental long term with insurance?

Yes, in most cases, but the kind of insurance (such as, basic or comprehensive) depends on a company to a company.

3. What is the distinction between a monthly and a long-term lease?

Long-term rental is cheaper monthly and involves extra services like maintenance.

4. Is it possible to upgrade the car within the contract term?

In some companies, it is possible to upgrade at a low charge or even modify a contract.

5. How does one go about making a reduced price?

Compare the various car rental packages and after that select one vehicle either luxury or economy that comes at the lowest price with the most services.