Fortunately or unfortunately, not many people can afford a vehicle, mainly due to either financial insecurity or because many of them do not have the time to look after and maintain a vehicle. There are instances where you cannot do without a vehicle. For instance, private expeditions, transporting the elderly if you have any in the family, transporting goods and even children and cases of emergency because in the middle of the night looking for a vehicle would only hinder you from what you are supposed to do. Fortunately, nowadays, there are plenty of ways to own a vehicle.
Just Rent It Out
A long term car rental is one of the ways through which you can almost own a vehicle. Said almost because it is actually almost owning a car. The most common package in car rental is the daily package i.e. the customer has to pay for the vehicle on a daily basis. This package is perfect for small purposes or needs but if you feel as if you will be needing it constantly, you can either rent it out on weekly basis or a monthly basis. Even if it is only for a day or two, renting the vehicle for a full week could do you good in case something comes up.
Benefits of Long Term Rentals
As aforementioned, a long term rental could come in handy because no one can predict the future and even after the vehicle has served its purpose, you could still use it for leisure activities. Also, there is an advantage in the price difference between the three packages too. For instance, for a daily package you will get a car for around $80, but if you rent a car on a weekly basis, you will get it around for $250, which means long term rentals are comparatively cheaper than short term ones.
Take It (L)Easy
A car lease in Singapore could also work for you, if you are looking forward to owning a vehicle. Basically, when leasing, you rely on monthly installments plus an interest, therefore, you do not have to worry about finding the money for your vehicle or even about your future. This is a great asset in planning your future because you can allocate and save and enjoy comforts at the same time.
Own A Vehicle, Own your Future
When you resort to leasing a car, you are given at least ten years to make the payment and the interest to the leasing company and you only have to pay 20% of the full payment initially. This means that you are free to focus on other aspects of your life too.