13 Jun
13Jun

Aside from the gruelling process of owning a car in Singapore, you have the maintenance cost to worry about. Thus, getting a long-term car rental should be one of your main options too! Read these reasons why you should do the latter instead.

  1. A car depreciates in value

You must already know that 10 per cent of the car’s value is stripped off as soon as those tires hit the lot. This is the usual concern of owners who plan to put their car in the market after a year or less. Thus, if you are eager to get ROI with all of your costly purchases, buying a car is not recommended.

  1. You do not need to worry about monthly payments

Almost all car buyers rely on car loans to get their new vehicle. As a result, they have to return their loan in amortisation which could highly impact their monthly spendings. Well, this is what you do not have to worry about renting a car!

  1. The repair cost can dent your savings

Car accidents can happen anytime, thus you should always prepare an emergency fund for times like that. If it did happen, then expect that the repair costs of your new car after the warranty ends. But, car rentals, especially long-term deals, will cover the repairs when needed!

  1. Renting a new-model car is possible

Has your favourite car brand released a new car model? If yes, then it is possible that car rental companies will have it! This will give you a chance to drive it at a cheap price unlike when you have to buy it!

  1. You can easily upgrade your car

No need to find and meet car dealers who can sell your car for you because, with car rentals, you can easily upgrade your car’s model! This is one of the seamless processes from reliable companies, so find a good one before you settle a long-term car rental deal.

Convinced that you no longer have to buy a car? If yes, then you should rent a car with CDG Rent-A-Car today! Visit their website to schedule an appointment with them.

Resource:

https://www.scoop.it/topic/infographics-by-whalesb11-gmail-com/p/4119173244/2020/06/17/why-should-you-rent-a-car-instead-of-buying-one 

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