Cars & transport

A car’s an essential business tool these days, but that doesn’t necessarily mean you need to buy one.

The major cost of owning a car is depreciation. On average, a car loses about half it’s value over the first three years – that’s money coming straight out of your pocket. Different brands depreciate at different rates, but if the car you want is a quick depreciator (such as a Ford or a Peugeot) then it might make more sense not to buy and consider one of the options listed below.

Of course, fuel, maintenance and insurance all take their toll on your time and bank balance too. So here we look at a few different options you might like to consider, listed below in order of requirement: the top of the list is for those who need daily access while the options at the bottom are more suitable for the occasional user.

 

 

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