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Renting or buying??

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Depends of the car, if u have a £ 2000 car and make £3000/ month then obviously is better than renting, but if you a 7 series and pay £500/ month on finance and make £4000 is better to rent because you lose a lot value of the car

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Depends on many fields:

 

- is ur full time job or just part time?

- what is ur long term plan?

- planning to build a career doing cabbing? :o  :o :o  :o  

- extra options on different companies?

 

ASk ur self these questions before decide what u wanna do

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OR we can just wait for the driverless cars:))) but for those i think we should all live in harmony , i dont think Travis took in consideration all those homeless people, for them a driverless car is just scrap metal :)))

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I’ve been thinking the same thing.  I’m not sure what to do.  I posted about buying a car in another thread.  I’ve never thought about renting, only buying.  Renting a car might be better for me in the long run.
 

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My car is leased due to other PH work I've got.

  • A new car every three years - you'll always have the latest model, especially in terms of fuel efficiency and legislation.
  • Anything goes wrong is fixed under warranty (which is unlikely anyway on a new car)
  • I can negotiate higher fares from potential customers/other companies due to a new car.
  • Maintenance costs are kept to a minimum, usually associated with higher mileage cars.
  • No wear and tear items need replacing during the first few months of ownership (main ones being tyres and brakes). 
  • Simply hand the car back at the end of the term - no need to deal with the hassle of trying to sell it.
  • Tax efficient - the entire cost, can be offset against your earnings for income tax. 
  • You'll have to replace your car every few years anyway (due to wear and tear, and/or ongoing legislation), so may as well get a new one every time. 

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On Wednesday, July 20, 2016 at 5:38 PM, LUED said:

My car is leased due to other PH work I've got.

  • A new car every three years - you'll always have the latest model, especially in terms of fuel efficiency and legislation.
  • Anything goes wrong is fixed under warranty (which is unlikely anyway on a new car)
  • I can negotiate higher fares from potential customers/other companies due to a new car.
  • Maintenance costs are kept to a minimum, usually associated with higher mileage cars.
  • No wear and tear items need replacing during the first few months of ownership (main ones being tyres and brakes). 
  • Simply hand the car back at the end of the term - no need to deal with the hassle of trying to sell it.
  • Tax efficient - the entire cost, can be offset against your earnings for income tax. 
  • You'll have to replace your car every few years anyway (due to wear and tear, and/or ongoing legislation), so may as well get a new one every time. 

Very good points. How much you pay per month? What is ur mileage limit?

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On 22/07/2016 at 6:23 AM, LUED said:

£653 a month, 45,000 miles a year. :)

And i am guessing if you negotiate the contract for around 20k a year the montly payment will drop as well right? maybe something in the region of £450

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9 hours ago, fullpower said:

And i am guessing if you negotiate the contract for around 20k a year the montly payment will drop as well right? maybe something in the region of £450

Correct, if you look here: 

http://www.lingscars.com/Mercedes/E-Class_Saloon_(2017)/2193524-2.0_CDi_16v_(194bhp)_E220d_SE_Saloon_4dr_1950cc-personal.html#models

 

20,000 miles a year is quoted at £426.54

 

 

 

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TESLA 3 will be the best option for Uber although i heard they dont allow to use it for Uber, tesla is the best as you dont pay anything for the fuel just £1.5 for full charge at the supercharger stations which are everywhere

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Tesla Model S is accepted on UberX, or Uber Exec is it's 2014 or newer and you meet the Exec driver criteria.

No reason, why the smaller Tesla when it comes out, will also be accepted on UberX, too. 

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On 26/10/2016 at 0:00 AM, LUED said:

Tesla Model S is accepted on UberX, or Uber Exec is it's 2014 or newer and you meet the Exec driver criteria.

No reason, why the smaller Tesla when it comes out, will also be accepted on UberX, too. 

Yes but in the same time:

"Tesla updated its semi-autonomous Autopilot fine print to ban vehicle owners from using their newly self-driving Tesla Model X to pick up a few fares for Uber or Lyft when the technology finally launches in a few years. "

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