I want a new car!

Last month, I posted this entry where I let everyone know that I finally have my driving license! Wooohooo! But believe it or not, I'm still taking public transportation (for most of the times, that is). For the first few days right after I received my D/L, I rented a car which I used for a couple of days. Then I had to stop it because of the expensive rates of renting cars. Don't get me wrong, my company pays for the rental fees, gas, insurance and tax -- anything related to car rental actually. However, it's really a pain in my ass to see my receipt. I usually spend $80/day in renting a car (exclusive of gas) while I just spend $20/day (in total) in taking cabs going to my client. Eventhough it's being paid by my company, I still cannot accept the fact that I'm spending that huge amount for just an 8-mile/day trip. So, what I do now is I just take cabs on weekdays going to my client and just rent a car on weekends -- for our personal trips (fyi, weekend rates are 50% cheaper than weekday rates).

However, just today, I thought of buying a car of my own. But maybe not...because first, if I buy a new car, I will shoulder the monthly amortizations of the car since the car will be under my name (not my company's). Plus the fact that I'm often out of Chicago or Illinois. I won't be making any full use of the car (Randy has no D/L yet).

And so..I thought of just LEASING a new car! Related to this, I stumbled upon this contract hire. Looking at their rates, they absolute offer low leasing rates...plus the fact that they have any car model you can think of. Now you can drive your dream car at low rate. Plus, they also deliver the car you intend to lease right at your front door -- isn't that great?!

I do think that leasing is better than buying a new car -- especially if you don't have enough cash or you just want to be on a safety side by not sticking yourself into 1 car for the next 2 years.