The private hire driving career is continuously gaining popularity in the country. If you are one of the many people who are choosing to take this route, you probably have thought about whether you will be buying a car or leasing one in Singapore.
Numerous existing PHV drivers leased automobiles when they were starting, and these are the four benefits they got from rent a car services in Singapore:
Compared to purchasing an automobile, rent a car programmes do not ask for massive upfront fees. You may face high monthly charges in leasing services, but these expenses will not leave you worrying about road tax, insurance, and maintenance costs because they are all included in the package.
If you do not like the idea of being responsible for a vehicle for a lifetime, then you are better off to lease a car in Singapore. Automobile rental services are also ideal for someone who only sees their PHV driving career lasting up to three to five years at a maximum. They can conveniently return the leased vehicle after their contract expires if they want to quit driving for a living.
After you rent a car in Singapore, you can start looking for passengers almost immediately upon receiving your vehicle. Unlike buying an automobile, the finance or leasing company takes care of the registration of your leased car. Otherwise, they can help with the paperwork to speed the process.
Aside from insurance and maintenance costs, certain car leasing companies in Singapore will help you onboard a ride-hailing enterprise to assist you in starting your be-your-own-boss business with the vehicle you rented. They will inform you about the program and the associated costs of joining the PHV community.
Begin your PHV driver journey with CDG Rent A Car today! Visit their website below to learn more about their helpful services about car leasing programmes in Singapore designed for private hire car rentals.
Resources:
https://visual.ly/community/Infographics/business/4-benefits-phv-drivers-get-car-leasing-programmes-singapore