Sunday, January 8, 2012

I will be at Dubai for 1 year & no one will used my 1 year old car. What should ido? Lease out? Then how?

this is a dead end question. if uming you still have loans to pay, if you lease out, people might not take care of your car and when you return a year later, the car will be in a terrible condition. however if you don't lease out, you might have to fork out savings to pay your loans. maybe you can lease out to a trusted friend, however problems will start once the road tax and insurance expired, who will be paying fro the renewal? these are the details you have to consider and compromise before leasing.

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