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Car Leasing: What are the Factors that You Need to Know First?

· Car Rental,Car Leasing,Singapore
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A car is not exactly a necessity, but it just makes everything easier! If you are in a situation wherein you have to make a decision leasing a car in Singapore, then allow this article to help you out.

Lease Payments

You already know that lease payment is lower than monthly loan payments of a new vehicle. But, it will all depend on these accounting factors:

  • Sale price

  • Length of the lease

  • Expected mileage

  • Residual value

  • Rent charge

  • Taxes and other fees

Some of these factors are negotiable with your lease car provider in Singapore, but some are not. So, you must talk with them and find a reliable one!

Car Maintenance

If you have rented a car before, then you must already know that car maintenance is covered. It includes repairs as well. For car leasing, you should be careful of:

  • Repair work caused by driver

  • Misfuelling

  • Body and paintwork damage

These are some of the situations that are usually not covered by car maintenance.

Returning the Car

No one wants to deal with a haggler, which a used car dealer usually experiences. With car leasing, you do not need to worry about encountering hagglers for your car because you will simply return it! Here are some of the preparations you should do with your car before you return it:

  • Clean it inside and out

  • Look for damage

  • Document or record the condition of the car

The physical condition of your car is a vital factor that can determine your need to pay for extra expenses.

Leasing a Car with CDG Rent-A-Car

The experts at CDG Rent-A-Car are more than willing to discuss your need for car leasing and/or renting a car in Singapore! Allow them to help you understand the crucial factors of each transaction.

Visit their website to get in touch with them today!