You Should Lease A Car In Singapore And Here Are The Reasons Why
Buying a new car is a heavy commitment. You will need a large sum to pay for your chosen unit and its hefty sales taxes. Your vehicle can also lose up to 40% of its value after you have paid off your five-year loan. Thankfully, car leasing programmes are now available in Singapore.
But are car rental services much better than purchasing a vehicle you can own for as long as you like? You be the judge after reading these four benefits of participating in a long term car rental programme:
Inexpensive Alternative
Compared to purchasing a brand new automobile, getting a rental car in Singapore asks for fewer upfront expenses. You can choose to give little to no down payment and opt to face the fees monthly instead. This perk is perfect for individuals affected by the ongoing COVID-19 pandemic whose funds got depleted during the lockdown.
Shorter Commitment Period
If you are the kind of person who is not keen on the idea of owning and maintaining a vehicle for a lifetime, then leasing one might be the right choice for you. This alternative is also ideal for private hire drivers looking for car rental programmes that will only be of service for two to three years.
Endless Style And Type Options
If you wish for a new automobile model every few years without spending most of your savings, then you should rent a car in Singapore. After ending the lease contract of your car, a newer Singapore model of your choice will be yours upon returning the old vehicle.
A Choice Of Ownership
Some companies offer their clients to purchase their leased vehicle at the end of their contract. After you rent a car from them, you have the option to drive it home and be yours forever. This choice is a better alternative to buying a similar automobile that is either new and expensive or cheap and defective.
You should get a new ride today at CDG Rent A Car! Visit their website below to learn more about their car leasing options available in Singapore.
