Difference in Procedures in Leasing Out a Car and Buying on Full Cash Payment

Oct 23
08:47

2012

George Thomas

George Thomas

  • Share this article on Facebook
  • Share this article on Twitter
  • Share this article on Linkedin

How cars have revolutionized travel and leisure in Ghana. The article explains the reasons for buying a car, and goes on to drop a few hints on how an individual can acquire a car without breaking the bank.

mediaimage

In the recent world no one can imagine life without a vehicle. The vehicle can be as simple as a motor bike or bicycle to a car,Difference in Procedures in Leasing Out a Car and Buying on Full Cash Payment Articles but it does not matter in which type it is the thing that matters that you own one such thing. Owning a car makes life easy for you, you don’t need to catch public buses while going to and coming from the office. This means you need not to be surrounded with rush of masses who manhandles you during your voyage. Also if any of your colleagues owns a car of their own then you wouldn’t be feeling shy of asking them to drive you to your home or any of the nearest location. However the question is: How to own a car of your own? This is a multimillion dollar question that has many twisted answers. But we will tell you how to get a dream car of your own with the least of the difficulties.

In Ghana cars are available in form brand new form and used ones. The person who is to buy a car first analyzes their buying capacity. Firstly, they must have some savings with them that needs to be enlarged by investment. There are two forms of car purchase, either you can get the car of your choice on lease or you can buy it from whatever amount you own. In case of lease, the car that is offered by the leasing companies is in all cases the brand new one. These companies prepare schedule of payments that are required to be made in the period to come. The lease payment constitutes both principal amount and a slice of interest payment. The payment part that makes up interest amount is continued to increase the further it is in the future. It means that the lease payment amounts get more interest element as the schedule is gone into its closure. The trend of leasing out a car is not common among people on individual basis rather they are the corporations that takes a fleet of cars from leasing companies. The purpose is to provide conveyance facilities to their employees.

Cars in Ghana can also be bought from the amount of investments and other liquid assets that you own. If you sum up the liquid assets and the market value of your investments, it gives you some idea of the range that can be offered to get a car. The wise decision is to buy a car within your range even if it of an old model, without obtaining a loan. This does not mean to say that you buy a clapped out car just because you do not have sufficient amount of money with you. For buying cars, Nissan trader can also help you out to make a decision. They have a good range of cars available at their show rooms. You can pick a car that you like or if this is not the case then you can tell them you are buying power in terms of money so that they can let you know as soon as they find a car that suits your buying power.

Article "tagged" as:

Categories:

Also From This Author

Buy a Car That Give You Comfort, both in Price and Quality Connotations

Buy a Car That Give You Comfort, both in Price and Quality Connotations

On the other hand they also need to have cars so that they can be placed in the warehouse or the display centre where people come and then choose and buy the car of their choice. The person who needs to sell a car that is owned by him or her places an advertisement in a news paper that has wide circulation. However when the purpose is to have luxury and style then some other make or model would be quite useful.
A Simple Process of Car Purchase can Become Difficult If You Lack the Basic Knowledge

A Simple Process of Car Purchase can Become Difficult If You Lack the Basic Knowledge

Traders buy cars from local markets that can range from used to second hand to slightly used cars. The price would range from lowest to highest for these three categories in a row. Purchasing cars from international market might be a profitable option for local dealers but it totally depends upon the cost of import duty. Traders buy cars from local market and after doing some minor modifications they sell it to local people with a thin slice of margin. The cars sold out by the dealers are bought by consumers at varied modes. The best and most secured of all is to sell out the car to those who offer full payment in cash.
Some Strategic Ways to Buy a Car from Auto Trader

Some Strategic Ways to Buy a Car from Auto Trader

Since the late 1800’s, the world of automobile and the industrial division has been amazingly accrual. The automobile industry has been advantageous in accomplishing the increasing compulsion for all kinds of vehicles; therefore, nowadays there is no curtailment of cars and other vehicles. In today’s world, many more car manufacturers have joined the automotive industry so we have much wider range of car selection as compared to the initial days where there was just handful of models available.