Car leasing is like car rental, but for a longer period (usually a few months to years). It is like buying a car - yours to drive and operate. However, the car rental/leasing company owns the car.

When you lease a car, you are only paying for a portion of the car value. The amount you pay is based on the duration you will be using the car after depreciation. It comes without the financial burden of maintaining your own car.

Cars that are leased out tend to be newer than cars used for short term rental. The car rental companies also maintain the upkeep of the car. This includes road taxes, insurance, servicing and repairs.

Now you must be wondering how to start searching for car leasing. Here are some bullet points to remember:

  • Identify your need
  • Choose your price point
  • Gather offers
  • View vehicle & understand terms&conditions
  • Complete handover

For a more detailed guide to start your search, look here.

Next, you would compare the offers presented to you. Once again, here is a summary list of the points you need to consider:

  • The mileage of the car (i.e. how many miles has the car travelled)
  • The age of the car
  • The history of the leasing company
  • The terms & conditions of the lease

Click here for the detailed guide.

How can Drive.SG help?

We are proud to say that Drive.SG partners with more than 33% of car rental/leasing companies in Singapore. Our partners frequently give us updates on pricing and inventory so that you get the most up-to-date information through our site.

Drive.SG has an in-house leasing specialist to help you find the car of your leasing dreams. When you request for a quote, our specialist will organise the leasing rates and email it to you. This lets you make your comparison easily, all in one glance.

Another good read we'd like to suggest is about car leasing and car hire insurance. Have a read of the perks and pitfalls of automotive insurance here.

Start your car leasing journey now with just one click of a button!

photo credit: busplan.cc