In Singapore,the purchase of passenger vehicle & commercial vehicle are expensive as every purchaser is required to obtain a Certificate of Entitlement (COE), which cost as much, or even more than a car. This result in problem in purchasing cars for majority of Singaporean as well as those living in Singapore.
As such, many people in Singapore look car rental or car leasing as it's a cheaper and affordable method as compared to purchasing cars. Purchasing your own car is not easy, because setting aside your monthly car instalments for the loan company, you also need to pay for road tax, parking fees, insurance & petrol usage. Sometime there is also fines and accident that you may have to make payment for as well.
In summary, you will need to spend a minimum of more than 1000 Singapore Dollar each month to buy a car. However car rental gives a better alternative. Car leasing is suitable for those that do not require to use car daily and only for certain day. This way, car rental is a much more affordable method as you do not have to concern 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 hunt for the car you need depending on your needs. However you would need to choose a cheap car leasing agency as some may not have complete insurance usage or their cars are not in good condition which result a poor drive.
We would recommend Dream Car Rental as your reliable vehicle rental company as they have a competitive range of vehicles and all their cars are in good condition.
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Come to their website for more details: Rent Car , Car Hire .
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