In Singapore,the purchase of passenger cars & commercial cars is not cheap as each buyer is required to purchase a Certificate of Entitlement (COE), which worth as much, or even more than a car. This would result in difficulty in obtaining cars for most Singaporean as well as those staying in Singapore.
As such, majority of people in Singapore look car rental or car leasing as it’s a more reasonable and affordable method as compared to purchasing cars. Owning your own car is not easy, because other than your monthly car re-payment for the finance agency, you also need to make payment for road tax, season parking fees, insurance & petrol usage. Once in awhile there is also fines and accident that you may have to pay for as well.
In general, you may need to spend a minimum of more than 1000 Singapore Dollar each month to to make payment for a car. However car rental gives a better way-out Car leasing is suitable for those that do not require to use car on daily basis and only for certain day. This way, car leasing is a much more cheaper option as you do not have to worry about insurance, road tax and season parking fees.
Leasing a car is very convenient in Singapore as there are many car leasing agency that could help you find the car you required depending on your needs. However you have to choose a good car leasing company as some may not have sufficient insurance usage or their vehicles are not well maintained which occurs a lousy drive.
We highly recommend this Car Rental company as your ideal vehicle leasing agency as they have a comprehensive range of cars and all their vehicles are quality state.