[no subject]1630798996

First written by SaharaSafaris and 0 others, on Wed, 2001/09/05 - 11:25pm, and has been viewed by unique users

Basically, all the banks loans or cars sale offers deals with lenders as if they are renting it with LE 1500 a month (5 years condition with 20% down Payement for Fiat 2003 as an example). Therefore, is it more save and wise to rent nice new cars, and I can nominate many with LE1800-2000 a month with covered insurance . in this case you can easily keep yourself out of pressure and enjoy different models of cars.

It may seem to be non economic idea, but my point of view ( in Egypt you must not try to get loan and have huge risk of road accicdents or stolen ..etc) and be under pressure to re-pay your loan Back.

My advise? if you do not have the money , wait till you save and get the car , meanwhile, enjoy rent new cars till you save.

Good Luck
Best wishes
Essam