The Rent a Car model has been popular for decades and has established itself as one of the leading options in the national market for renting movable goods.
Simply put, Rent a Car is a system for renting one or more vehicles that a customer needs for specific activities or for everyday use. It is an excellent alternative today primarily because it involves significantly fewer expenses and payments compared to purchasing a car.
Particularly, MITTA's Rent a Car service, a leader in vehicle rentals in Chile for over 60 years (formerly Autorentas del Pacífico), provides its clients with the latest generation cars equipped specifically for the required activities, whether for short or long-term use. This service is commonly used for activities at major airports and business offices but is also ideal for leisure trips or everyday mobility needs.
MITTA, with over 1,000 employees, operates in Chile with a fleet of more than 20,000 vehicles across various economic sectors such as mining, telecommunications, energy, agriculture, construction, aquaculture, forestry industry, food, and government organizations.
In the following article you will learn more details about the advantages of renting vehicles through the Rent a car modality and how to get it.
What is Vehicle Renting?
In the following article you will learn more details about the advantages of renting vehicles through the Rent a car modality and how to get it.
This system is a great alternative to save a significant amount of money on costly procedures associated with purchasing a vehicle, such as paying registration fees, circulation permits, insurance, maintenance, and taxes. Thus, Rent a Car stands out as an excellent service that ensures uninterrupted mobility, a crucial aspect in the vehicle rental industry, which is becoming increasingly important. This is why many leading companies, both domestic and international, are dedicating more resources to modernizing this service.
Advantages of Car Rental
The question of whether to rent or buy vehicles is not exclusive to small or medium-sized businesses; companies of all sizes face this dilemma. The question remains: which option is more advantageous and adds more value to their operations: renting or purchasing cars?
There is no one-size-fits-all answer to this dilemma. It all depends on the specific operational and financial needs of each business. However, the trend shows that more and more companies in Chile are opting to rent cars.
First, renting vehicles allows businesses to spread out payments over a longer period, reducing initial costs and improving cash flow. Additionally, this expense is tax-deductible for work vehicles.
The company providing the vehicles will also offer predictive and corrective maintenance services, so the service is comprehensive, and no extra money needs to be spent beyond what is agreed upon in the contract. For example, businesses can access the latest models or best units without incurring additional costs. They can also have additional drivers, grace hours, accumulate LATAM Pass miles (a unique feature of MITTA Rent a Car), and benefit from roadside assistance.Finally, it's important to note that when renting cars for a business, since the company does not own the vehicle, the cars cannot be considered assets that could cover any debts in case the business faces financial difficulties.