Skip the Big Purchase: Why Renting a Car Makes Sense in Singapore

Why Renting a Car Makes Sense in Singapore
17/07/2024

Renting a car in Singapore makes sense, especially if you don't have a large budget. Explore the costs and expenses you can save on with car rental compared to car ownership!

Lower Upfront Costs 

Unlike car ownership, which comes with a hefty upfront cost like the Certificate of Entitlement (COE), renting a car only requires a monthly rental fee based on the duration of use.

Reduced Ongoing Expenses 

Car ownership in Singapore entails recurring costs such as road tax, insurance premiums, maintenance, parking fees, and depreciation. In contrast, car rental packages may cover some of these expenses, including insurance and maintenance, depending on your chosen rental company and package.

No Depreciation Worries 

Cars depreciate rapidly in value, especially in Singapore, where the COE system significantly affects resale values. However, you do not need to worry about depreciation costs if you rent a car!

Cost-Effective Way to Try New Cars

Unlike car ownership which locks you into a long-term commitment, car rental allows you to easily switch to a different car after your rental period ends (or even before!). This lets you experience different vehicles without the high cost of buying a new car.

Flexible Transportation Investment

Car rental offers greater flexibility compared to car ownership. You're not tied down to a long-term commitment and can adjust your transportation needs based on your current situation.

ComfortDelGro Rent-A-Car

Moreover, some car rental companies, like 𝐂𝐨𝐦𝐟𝐨𝐫𝐭𝐃𝐞𝐥𝐆𝐫𝐨 𝐑𝐞𝐧𝐭-𝐀-𝐂𝐚𝐫, offer compelling benefits, including unlimited mileage, 24/7 roadside assistance, car delivery service, a wide variety of car models to choose from, and even the option for a brand-new car!

Contact us here and discover the savings of car rental!