Circumstances ushering leased car in Singapore as the most viable option

Leasing a car provides utmost freedom and flexibility for moving around, and alleviates the unnecessary hassle involved in public transport systems. With a leased car at your disposal, you are the master of your own schedule and most of the time you are no longer required to wait at bus-stands and railway stations. Whether you want to have a car for facilitating Singapore airport transfer for your clients or more inclined towards visiting new locations, here’s a list of a few circumstances that may get you to consider car leasing in Singapore.

• You need a car urgently for your purpose, but can’t afford to deposit the down payment. Alternatively if you are one of those businessmen who frequently need to get around, but also require fund to invest in their business and save on the down payment, then leasing is a viable option that helps you to afford a car without much delay.

• You are not going to stay in Singapore for long. For expats who are going to stay in the island nation for three years or less, buying a car is not a cost effective option. For what will they tie up such a huge amount for putting forward as a down payment for buying a new car? Just to drive for a few years? It is better to consider Singapore car leasing as a viable option and use the saved money to spend at other fruitful junctures.

• You are proposed to stop driving vehicles within a few years. Are you retired of job? Are you aged over 60 years? If you know that you are going to be driving only for next four or five years, it is better to use a leased car. There are other better ventures where you can invest your saved money.

• You want to pose extravagant and indulge in driving luxurious models. There are people in Singapore as young as in their twenties who just want to turn heads of other people around them and like to be seen driving a high end car. Many dream to be seen in a Singapore limousine. If you inform them that a five year loan term will attract 50% down payment, they will never be in a position to afford it. But at the same time they don’t want to drive anything that is more of a budget friendly. So a viable option for them is to lease a sophisticated car model. You see, it’s all about the prestige and indulgence.