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Car storage versus Car rental
Y
#1 Posted : Monday, April 05, 2010 10:13:05 PM
Rank: New-farer

Joined: 1/8/2010
Posts: 7
Location: Kenya
I love the information exchange on Wazua.
I’m looking for your perspective on the following……... I am in Kenya two months a year and car rental is extremely expensive. I on the other hand hate imposing myself on others for a ride and love the convenience of getting where I want to be at my own convenience. With this in mind, I’m thinking the best thing will be to buy a vehicle and use it for the two months or more that I’m in Kenya every year.(i'd storage it the rest of the time when away)
Your thoughts on that?

Thanks for your perspective.

Y
JkMwatha
#2 Posted : Tuesday, April 06, 2010 10:50:06 AM
Rank: Veteran

Joined: 9/11/2007
Posts: 816
Where do you intend to buy the car from?
In Kenya or import one?

Where are you based for the rest of the year?
Are you based somewhere you can source a vehicle?

1. You can buy a car with the intention of selling it within two months you're in Kenya. ...and do this every time you travel to Kenya. There is a possibility of selling it at the same value you bought it or at a higher value.

2. Buy the car use it for the two months store it for 10 months. When you return to Kenya (depending on what car it is ) you may need to have some work done... new battery, water pump etc. & also consider the car will devalue each year.

3. Buy the car and give it to a relative/friend to use + service it and make it available for the 2 months you're in Kenya. Car will also devalue.. Or your rela may 'lose' the car.

no.1 is a win-win situation.

tuvok
#3 Posted : Tuesday, April 06, 2010 11:35:30 AM
Rank: Member

Joined: 5/2/2007
Posts: 536
Could I add:

4) Buy the car and use it for the two months, then go to a reputable rental company and lease it out to them and get a reliable person to oversee it. It is fraught with risk but possibly can even get you some income.
Y
#4 Posted : Tuesday, April 06, 2010 7:29:55 PM
Rank: New-farer

Joined: 1/8/2010
Posts: 7
Location: Kenya


Thank you both for your great suggestions!
To answer your questions(JkMwatha),

I have not decided where to buy the car.
My mind is set on two or three different kinds of vehicles and my plan is to compare local prices the cost to import one.(I plan on looking around this June)

I am based in the U.S. and in Kenya during the months of June and December.In actual sense, storing it for 5 months at a time is more like it.

I loved your last suggestion. It made me smile. In a perfect world, that would be ideal. Unfortunately, it just is not.

Tuvok, I'll look into the risks of using a rental company. It might come in handy down the road.

I'm looking forward to driving around and looking at different vehicles this June. You are welcome to throw out some suggestions of reputable car sellers my way..

Thanks for your great suggestions! Greatly appreciated.
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