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Pros and cons of car leasing

Jan 1st 2015 at 9:38 PM

Leasing a car is an ideal move, especially for those who are unable to buy a new car. This type of services is introduced to help people of all economic levels, making their dream of travelling in new vehicle comes true. The rental services come at very nominal prices when compare with the overall cost of a new vehicle. Besides cost-effectiveness, leasing services has also several benefits. Let’s read to know about the real advantages of vehicle renting and the pitfall, if any.


Make it easy to have a car

The leasing companies offer Cheap car rental services so that anyone can take benefit of a comfortable ride. In this hard economic time, people barely buy a new or luxurious vehicle. These companies offer several options such as Mercediez, Benz, Qualis, Ferrari, Fiesta, Ikon, etc. from where you can choose the car of your choice within your budget. Just give a call to the car rental companies. They will drop the vehicle of your choice at the preferred location, within the assigned time.

Avoid extra expenses

You do not need to expense additional money, when leasing a vehicle. The companies bear all the charges, related to vehicle maintenance and repair work. Most of their vehicles are well maintained and come with certain warranty. So, you can be rest assure that you are going to make a good economical decision.

Get lucrative tax benefit

For small business, vehicle leasing also provides excellent tax benefit, especially when the vehicle is selected with the CO2 emission. These vehicles are VAT registered, this enable individual to reclaim half of the VAT on the financial element.

Helps in selecting the best car for purchase

Leasing services enable individual to test different type of vehicles of their choice and choose the best among them. It is also best alternatives for those who want to get experience of all luxury vehicles.


The leasing companies charge money as per the milage. If you ride car more miles than the contract, then you have to pay extra charges for the same. The charges are not a punitive charge, it cost around the rate you signed on the agreement.

The leasing services come at certain tenure. This means that you need to make a new agreement if you want to continue their services.

Dream car rental is one of the most popular car rental service providers in Singapore and specialize in offering leasing services for both commercial and private use.

Daina Motley is serving the Auto industry from the past several years. She often writes on topic related to Car rental services in Singapore. To know more about car leasing Singapore visit

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