In Singapore,the purchase of passenger cars & commercial car is not cheap as every purchaser is required to purchase a Certificate of Entitlement (COE), which worth as much, or even valuable than a car. This cause in problem in obtaining cars for many Singaporean as well as those living in Singapore.
As such, majority of people in Singapore go into car rental or car leasing as it’s a lower cost and affordable alternative as opposed to buying vehicles. Owning your own car aren’t easy, because Not only accounting for your monthly car instalments for the bank, you also need to make payment for road tax, car park fees, insurance & petrol usage. Sometime there might be fines and accident that you might have to pay for as well.
In summary, you may need to spend at least more than a thousand each month to to make payment for a car. However car rental gives a better way-out Car rental is perfect for those that do not need to use car daily and only for special occasion. This way, car leasing is a much more cheaper method as you do not need to bother about insurance, road tax and season parking fees.
Renting a car is very convenient in Singapore as there are many car leasing agency that could help you search for the car you required depending on your needs. However you require to choose an affordable vehicle leasing agency as some may not have complete insurance usage or their cars are not well maintained which cause a lousy drive.
We highly recommend this Car Rental company as your reliable vehicle rental company as they have a huge range of cars and all their vehicles are in good condition.