CAR LEASING & LIMOUSINE TRANSFER

LEASING

Singapore is a peculiar case because leasing is often an another term used to describe long term or contract rentals. Cars which are privately purchased with a loan secured under the name of the owner and repaid by monthly instalments are really known as hire purchase (HP). The other form of leasing could be also a type of rental which offer the hirer the option to purchase the car at the end of the contract. The latter is not widely practised in Singapore although it is a more popular way of acquiring a car in America . Normal rentals are more attractive to transient residents because it allows the use of a car without capital tie down and the hirer simply walk away at the end of the contract.

Buying a car on a hire purchase arrangement can be feasible and you may need a local guarantor although I would strongly advised you against buying a car in this manner if your stay in Singapore is less than 6 years. Especially if you are on a work contract or work visa of sort. Alternatively, if you must buy a car, try paying cash for it as it means you will lose less financially (approximately 40% for a 2yr old car) when the time comes to sell on.

Car prices are sky high in Singapore. The cheapest new MPV costs $1,900 SGD per month tax to hire on a 2 years contract. And this car is a KIA Carnival (Sedona). Brand new compact sedans such as the Corolla goes for $1,450 SGD per month and mid-size executive sedan such as the Camry goes for $2,050 SGD per month.

MPVs in Singapore that are classified as full-size are really only of mid size proportions. Compared to MPVs in America such as the Chrysler Voyager, Toyota Sienna and the Honda Odyessy (North American version), the largest MPV you can get hold of in Singapore is either the Toyota Previa or the Chrysler Voyager. But these two are expensive. Others although smaller, is cheaper to rent or buy. They are such as the Nissan Presage 2.5, Honda Odyessy 2.4 (Asian version), Mitsubishi Grandis 2.4 and the Toyota Picnic 2.0. The other true full size MPV is the Kia Carnival 2.5

If you are on a tight budget below $1,600 SGD per month, the only alternative I can think of is to buy a used car. For the size of this money, you probably can get to look at new 1600cc - 2000cc sedans or MPVs. But then, of course, you have to buy your own insurance and tax the car, etc. If you could, try paying cash for the car as it means you will lose marginally less financially when the time comes to sell on.

Leasing a car means you don't have to worry about registration fees, additional registration fees or excise duties and disposal. Our rental cars come with full insurance and is fully taxed. We take care of all maintenance and repairs and we would provide a 24 hours breakdown recovery service to the hirer. A replacement car will be available if the original vehicle is taken off the road. All these for a fixed sum every month for the duration of the leasingl contract.

Leasing is a wiser choice and gives you greater flexibility than owning a car. We can "build" a diplomatic clause into the contract. Usually, a diplomatic clause is available on contract 24 months or longer. It allows the hirer to return the car anytime between the 13th and 24th month period by the forfeiture of 2 months' rental as compensation; however no termination is allowed during the first year of the contract.



HOME	LIMOUSINE	LEASING	WEDDING	PROMOTION	FAQ	SINGAPORE	CONTACT US
		USED CARS	BUY VS LEASE
TOYOTA FORTUNER 2.7A HONDA STREAM 1.8A TOYOTA ESTIMA 2.4A HYUNDAI TUCSON 2.0A				LEASING Singapore is a peculiar case because leasing is often an another term used to describe long term or contract rentals. Cars which are privately purchased with a loan secured under the name of the owner and repaid by monthly instalments are really known as hire purchase (HP). The other form of leasing could be also a type of rental which offer the hirer the option to purchase the car at the end of the contract. The latter is not widely practised in Singapore although it is a more popular way of acquiring a car in America . Normal rentals are more attractive to transient residents because it allows the use of a car without capital tie down and the hirer simply walk away at the end of the contract. Buying a car on a hire purchase arrangement can be feasible and you may need a local guarantor although I would strongly advised you against buying a car in this manner if your stay in Singapore is less than 6 years. Especially if you are on a work contract or work visa of sort. Alternatively, if you must buy a car, try paying cash for it as it means you will lose less financially (approximately 40% for a 2yr old car) when the time comes to sell on. Car prices are sky high in Singapore. The cheapest new MPV costs $1,900 SGD per month tax to hire on a 2 years contract. And this car is a KIA Carnival (Sedona). Brand new compact sedans such as the Corolla goes for $1,450 SGD per month and mid-size executive sedan such as the Camry goes for $2,050 SGD per month. MPVs in Singapore that are classified as full-size are really only of mid size proportions. Compared to MPVs in America such as the Chrysler Voyager, Toyota Sienna and the Honda Odyessy (North American version), the largest MPV you can get hold of in Singapore is either the Toyota Previa or the Chrysler Voyager. But these two are expensive. Others although smaller, is cheaper to rent or buy. They are such as the Nissan Presage 2.5, Honda Odyessy 2.4 (Asian version), Mitsubishi Grandis 2.4 and the Toyota Picnic 2.0. The other true full size MPV is the Kia Carnival 2.5 If you are on a tight budget below $1,600 SGD per month, the only alternative I can think of is to buy a used car. For the size of this money, you probably can get to look at new 1600cc - 2000cc sedans or MPVs. But then, of course, you have to buy your own insurance and tax the car, etc. If you could, try paying cash for the car as it means you will lose marginally less financially when the time comes to sell on. Leasing a car means you don't have to worry about registration fees, additional registration fees or excise duties and disposal. Our rental cars come with full insurance and is fully taxed. We take care of all maintenance and repairs and we would provide a 24 hours breakdown recovery service to the hirer. A replacement car will be available if the original vehicle is taken off the road. All these for a fixed sum every month for the duration of the leasingl contract. Leasing is a wiser choice and gives you greater flexibility than owning a car. We can "build" a diplomatic clause into the contract. Usually, a diplomatic clause is available on contract 24 months or longer. It allows the hirer to return the car anytime between the 13th and 24th month period by the forfeiture of 2 months' rental as compensation; however no termination is allowed during the first year of the contract.