I have several friends that are renting (ref. Leasing) on a month to month basis. They seem happy with that. Don't have to pay insurance, interest on a loan (company loan is different, but won't get much of a new car for around 70K AED), worry about repairs, or spend a day getting reregistered. Great route to go, IMHO until one gets their feet on the ground here. The money really ends up about the same as a loan. You will be shocked how quickly a new car depreciates here.