In Singapore,a purchase of passenger cars & commercial cars is expensive as every buyer are required to acquire a Certificate of Entitlement (COE), which value as much, or even valuable than a car. This cause in difficulty in owning cars for many Singaporean as well as those residing in Singapore.
As such, majority of people in Singapore go into car rental or car leasing as it's a much cheaper and affordable way as compared to buying vehicles. Buying your own car is difficult, because Not only accounting for your monthly car re-payment for the finance company, you also need to make payment for road tax, season parking fees, insurance & petrol usage. Once in awhile there's also fines and accident that you might have to pay for as well.
In conclusion, you are required to spend at least more than 1000 Singapore Dollar every month to purchase a car. However car rental gives a better way-out Car rental is ideal for those that do not need to use car on daily basis and only for events. This way, car leasing is a much more cheaper option as you do not need to think about insurance, road tax and season parking fees.
Leasing a car is very easy in Singapore as there are many car rental company that could help you look for the car you desire depending on your requirements. However you require to choose a quality vehicle rental company as some may not have sufficient insurance coverage or their vehicles are not in good condition which cause a lousy drive.
We highly recommend this Car Rental company as your ideal car rental partner as they have a quality range of cars and all their vehicles are well maintained.
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