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ExpatSingapore Message Board 27 May 2012, 11:17:05 am *
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Author Topic: Leasing a car  (Read 1125 times)
Parker
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« on: 08 January 2001, 9:26:00 am »

Could someone recommend a reputable company we can approach to lease a car for 1 or 2 years.
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ExpatSingapore Message Board
« on: 08 January 2001, 9:26:00 am »



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Tony
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« Reply #1 on: 09 January 2001, 20:57:00 pm »

There are a plenty of car leasing companies. Rates are expensive (start at about $2,000 a month) and therefore to make them more acceptable most of the firms offer 3-5 year cars as well as new.

Don't forget to check out some of the car retailers. Some of these can offer a very sharp deal if pushed. We are switching to S.M.Motors (Volvo) as they offered a three year lease at less than the leasing companies were offering for five years (i.e about $1,000 a month less).

By the way, if you are planning to keep the car for a couple of years then buying is cheaper. We are only leasing as its company policy. If you don't mind paying a 30pct deposit then monthly repayments (plus insurance, road tax & maintainence) for a purchased car are comparable with leasing and the car has a resale value at the end.

[This message has been edited by BoardManager (edited 19-01-2001).]

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