The Pros and Cons of PCO Car Hire 2024

PCO driving is an excellent way of earning extra cash that can be very useful in current times when inflation and the cost of living are constantly rising. People prefer driving PCO because of the flexible work timings and being their own boss. However, many people are confused about whether they should buy a car for their Private Hire driving or if they should rent it and get started. Experts suggest renting or hiring cars is the best way to start your PCO driving career. In this blog, let’s take a look at the pros and cons of PCO car hire.

Pros of PCO Car Hire

There are multiple benefits of hiring PCO cars instead of purchasing them. This includes:

No Huge Upfront Costs

People take up PCO driving to earn money. However, buying a new car if you don’t have one is a big investment, and PCO driving won’t offer a good ROI if that’s the case. Renting cars means placing a small deposit and starting PCO driving without paying huge sums of money upfront.

No Long-Term Commitment

People often take out loans to buy or lease cars, which is a long-term commitment. Renting or hiring a PCO car is a short-term commitment that can be over within weeks or months.

Selection of Cars Available

Hiring PCO cars gives you a range of cars you can choose and rent. You can also go for cars that can cost you a fortune if you go out to buy them, like the latest electric cars.

Can I swap vehicles?

Hiring PCO cars means you can easily swap them for another model because you don’t own the car. You can switch to a newer car model and provide your passengers with a better experience.

Cons of PCO Car Hire

While there are a lot of benefits, there are some cons to hiring PCO cars as well.

Recurring Cost in Terms of Rent

Paying rent for hiring the car is a recurring expense, and you’ll have to pay it on a weekly or monthly basis, as per the rental agreement, even if you don’t do well as a PCO driver.

Won’t Own the Car

Despite paying rent, you won’t own the car at any point.

The pros of hiring PCO vehicles outweigh the cons by a margin. If you’re looking for a PCO car hire in Leyton, G&M Direct Hire can help. We are one of the most trusted PCO car rental services in London. Our fleet of cars includes electric and hybrid cars, like the Nissan Leaf, Kia E-Niro, Toyota Prius Plus, Toyota Prius Plug-in, and more. Reach out to us now for further details.