Is the Car Rental Industry Profitable Right Now?
Humans have to move from one place to another to keep up with their daily activities. For some, it’s a close by distance so they don’t mind walking which could be a means of physical exercise. However, when it is a long distance to cover, getting a car becomes very important. At every point where you are confronted with the decision of getting a car, there are two options that are available to you.
The first option is to buy a new car or a refurbished one while the second option is to rent a car. For many years, according to information that is available on reviewsbird.co.uk, many users opted for the option of buying. This is because there is the peace of mind and prestige that comes with owning your car. Over the years, going through car rentals reviews, we can see that there is a gradual shift from wanting to buy a new car to renting it. These days, more people seem to be interested in renting a car than buying a new one and the reasons for this are not far-fetched.
· The increasing cost of buying a new car
With an increased competition in …
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