Renting Vs Owning A Luxury Car In India: Which Makes More Sense?

For Most People In India, Renting A Luxury Car With A Chauffeur Costs Less Than Owning One, Unless You Use The Car Every Day. Ownership Brings Taxes, Insurance, Depreciation, Maintenance And A Driver's Salary On Top Of The Purchase Price. Renting Means You Pay Only When You Travel, And You Can Pick A Different Car For Each Occasion.

What Does Owning A Luxury Car Really Cost?

The Ex-showroom Price Is Only The Start. Owners In India Also Pay For:

• Taxes And Registration: GST And State Road Tax Add A Large Share On Top Of The Ex-showroom Price.
• Insurance: Comprehensive Cover On A High-value Car Is Renewed Every Year.
• Depreciation: Luxury Cars Lose A Large Part Of Their Value In The First Few Years.
• Maintenance: Servicing, Tyres And Parts For Premium Brands Cost More Than For Mass-market Cars.
• A Driver: Most Luxury Car Owners In Indian Cities Employ A Full-time Driver.
• Parking And Security: Safe Parking At Home And At Work, Plus Tolls And Fuel.

Add These Together And The Yearly Cost Of Keeping A Luxury Car Is High, Even When It Sits Unused For Days.

What Does Renting Give You Instead?

When Does Renting Make More Sense?

Renting Is Usually The Better Choice If You:

• Need A Luxury Car A Few Times A Month Rather Than Every Day.
• Travel Between Cities And Want The Same Standard Of Car Everywhere.
• Want A Specific Car For A Specific Occasion, Such As A Rolls-Royce Ghost For A Wedding Or A Mercedes V-Class For A Group.
• Run A Company And Want Executive Transport Without Owning A Fleet.
• Don't Want To Manage A Driver, Servicing And Insurance.

When Does Owning Make More Sense?

Owning Can Be Worth It If You Drive A Luxury Car Every Day, Enjoy Driving It Yourself, And Plan To Keep It For Many Years. For Daily Use, The Fixed Costs Are Spread Over More Trips.

How To Rent A Luxury Car With BookYourWheels

1. Choose Your City And Service: hourly, airport Transfer Or outstation.
2. Pick Your Car, From A Mercedes-Benz E-Class To A BMW X7 Or Mercedes-Maybach S-Class.
3. Confirm Your Booking Online. A Professional Chauffeur Arrives At Your Pickup Point, With 24/7 Support If Plans Change.

The Bottom Line

Unless You Drive Every Day, Renting A Luxury Car With A Chauffeur Gives You The Same Experience For A Fraction Of The Yearly Cost Of Ownership, With None Of The Upkeep.