Long term renting options

[Yodarapper]

Hi,

we rented for a year at 16k for a ford ecosport.

we are into our second year of a two year contract. We will know in December if we renew for another year.

 

what should we do? Just rent same for another year? Are there any better rental options?

I wouldn’t mind to pay a little more for a bigger/better car.

 

thanks

[Liverpool Lou]

If you're renting at B16k per year, as you posted, I'd stick with it, you won't find a much better deal than that.

[bkk6060]

Got to be 16k a month.

Long term rentals here are not cheap.  If you like the car and have not had issues with it, why not continue. 

[Yodarapper]

Sorry 16k a month for a year.

[DodgerRodger]

On 7/5/2023 at 6:39 AM, Yodarapper said:

Hi,

we rented for a year at 16k for a ford ecosport.

 

 

 

May I ask the age of the car when you started the rental?  Any mileage restriction?  Also, where did you source the car?  Interested.

[TheFishman1]

My recommendation go to a car auction I bought a 1 yr old car still under warranty for 310000 bht  I’ve been driving the car for 8 1/2 years. Other than oil changes really have had no other expenses well one set of tires you do the math. TIT

[khunPer]

On 7/5/2023 at 12:10 PM, Yodarapper said:

Sorry 16k a month for a year.

That's 192k baht for one year, 384k for two years; and 576k for three years, or another 192k baht in rent.

 

You can buy low mileage second hand Ford Ecosports from around 300k baht, link HERE...

[Yodarapper]

Does anyone know trustworthy long term rental options - I’ve seen a company in Hua Hin - name something like huahin chaam car rental and they seem to have very new modern MGs and xpander for about 18/19K if you rent for a year.

 

anyone heard of them or know of any other good companies?

 

been offered an MG zs for 18k a month.

[bignok]

On 7/5/2023 at 8:10 PM, Yodarapper said:

Sorry 16k a month for a year.

500 baht a day. Good deal.

[JeffersLos]

2 minutes ago, bignok said:

500 baht a day. Good deal.

 

Not a good deal when it's for 3 years, and you could buy it for less. ????

[bignok]

2 minutes ago, JeffersLos said:

 

Not a good deal when it's for 3 years, and you could buy it for less. ????

After 3 years the car be worth 40% less plus insurance and rego, maintenance.

 

[JeffersLos]

53 minutes ago, bignok said:

After 3 years the car be worth 40% less plus insurance and rego, maintenance.

 

So he'd have 300,000 baht as opposed to 0, after 3 years of the deal. ???? 

[bignok]

2 minutes ago, JeffersLos said:

So he'd have 300,000 baht as opposed to 0, after 3 years of the deal. ???? 

300,000 less 40% is 180,000 less costs

[JeffersLos]

30 minutes ago, bignok said:

300,000 less 40% is 180,000 less costs

3 years at 500b per day = 547,500

40% = 219,000

 

547,500 - 219,000 = 328,500b

 

If buying a model at 547,500 and losing 40% as you claim, he would be left with an asset worth 328,500b, as opposed to no asset, worth 0 baht.

 

Did you not pass 2nd grade math?

Edited July 15, 2023 by JeffersLos

[MrJ2U]

On 7/5/2023 at 12:58 PM, Liverpool Lou said:

If you're renting at B16k per year, as you posted, I'd stick with it, you won't find a much better deal than that.

And good gas mileage.

 

Nice for2 people. 

[MrJ2U]

On 7/7/2023 at 3:42 PM, khunPer said:

That's 192k baht for one year, 384k for two years; and 576k for three years, or another 192k baht in rent.

 

You can buy low mileage second hand Ford Ecosports from around 300k baht, link HERE...

And then resell it later.

 

Good call.