I live in Al Saad and work in West bay. Previously, I pay my carlift QR1500 for a medium aged Nissan Sunny every month (no way we can avoid this unless somebody give it free). If want wish to go countryside I have to spend 150 back/forth. Do it weekly means QR600 more.
Now...
If I will get a loan today and pay QR 1500(incl. petrol) per month for a nice and brand new full option Honda City for 4 years, I will be able travel anywhere anytime in Qatar wherever I wish and sell this car for QR30k after 4 years; or
get a loan for Chevrolet Camaro and pay QR3500 for 4 years, I can sell it for QR80k after 4 years travel anytime anywhere.
Hence, regardless of what car I loan for, it only means I drove a nice car for 4 years for free anytime anywhere or I spent only half (if luxury car) of what could been a payment to my carlift.
Who is saving money now?
I live in Al Saad and work in West bay. Previously, I pay my carlift QR1500 for a medium aged Nissan Sunny every month (no way we can avoid this unless somebody give it free). If want wish to go countryside I have to spend 150 back/forth. Do it weekly means QR600 more.
Now...
If I will get a loan today and pay QR 1500(incl. petrol) per month for a nice and brand new full option Honda City for 4 years, I will be able travel anywhere anytime in Qatar wherever I wish and sell this car for QR30k after 4 years; or
get a loan for Chevrolet Camaro and pay QR3500 for 4 years, I can sell it for QR80k after 4 years travel anytime anywhere.
Hence, regardless of what car I loan for, it only means I drove a nice car for 4 years for free anytime anywhere or I spent only half (if luxury car) of what could been a payment to my carlift.
Who is saving money now?