Car Hire figures on the rise in Ireland

Filed Under (Car Hire Stories) by admin on 14-01-2009

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A new trend seems to be emerging in Ireland this year. Rather than buying cars, Irish companies are choosing to rent.

Car sales are down a massive sixty four percent on this time last year however rental car numbers have risen by twelve percent. In the first five days of the New Year, 9390 new vehicles were registered in comparison to 26029 last year.

Merlin Motor Group has reported a twenty percent rise on what they initially forecast for June to December last year. In January this year, Merlin has seen a twelve percent rise.  Companies are now entering into short term rental agreements rather than buying new cars.

Damien Keogh of Merlin believes companies are being careful with finances at the moment. He said many are looking to enter into short term agreements as they wait to see how things will work out in the coming year.
 
Cars can be hired for a monthly fee which is quite an attractive option for many companies at present who do not want to get tied to long contracts.

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