There are many reasons why you might consider selling your vehicle. These often involve concerns such as the cost of petrol and cost of living challenges. What are some common alternatives to explore and what factors should you take into account before making a final decision? Let’s take a look at a handful practical options.
Car Sharing
Car sharing has become an increasingly popular solution. In fact, more than 500,000 individuals across London currently embrace this strategy (1). It is simple to make a reservation and rental periods are quite flexible.
Active Transportation
Another growing trend involves embracing more traditional forms of travel such as walking, running or bicycling. While this might not make a great deal of sense if you happen to live within a rural area, those who reside in the city should consider the money-saving and health benefits associated with such a method.
Application-Based Rental Services
There are many ways in which a car, scooter or motorbike can be rented via a dedicated smartphone application. Some of the most popular apps include (2):
- Enterprise
- Hertz
- Turo
- Priceline
- Skyscanner
These services offer a variety of rental options and they are often preferred by those who live within major metropolitan areas such as London or Birmingham.
Public Transportation
Of course, it only makes sense to mention public transport before concluding. Trains, buses and metro lines are common solutions. In many cases, these represent cheaper options when compared to the costs associated with owning and operating a vehicle. Public transport also provides a host of environmental benefits.
Making the Right Decision
There are certain factors to analyse if you hope to make an informed decision at the right time. Here are some variables to address:
- The cost of the service in comparison to your current vehicle expenses.
- The practicality of the option in terms of logistics.
- Whether or not your decision will affect others (such as friends., co-workers or family members).
On a final note, it is always crucial to obtain a real-time valuation of your vehicle with the help of Sell My Car Essex. You can then clearly appreciate whether or not your decision makes fiscal sense. Feel free to contact us to obtain a no-obligation quotation today.
