Travel & Places Car Rentals

How to Get the Best Car Leasing Deal in Singapore

Some of the cars that are found on the beautiful roads in Singapore might leave you spellbound. You might dream about getting yourself behind the wheels of the car some day but your bank balance might stop you from achieving the dream. If you do not have enough money to buy the car, you do not have to step back on your desires. You can go for a Singapore car leasing deal and drive your favorite car without spending hefty amounts of money. You can even drive around in a Singapore limousine by paying a nominal amount of money. If you pay serious attention while making the choice of the leasing company, you will be able to save a lot of money. Here are few tips to make your job hassle free.

Down payment

In order to buy a new car, you will have to spend a lot of money. Even when you choose the monthly installment schemes, you will have to pay a huge amount as down payment. Leasing a car is a much economically friendlier option and you can strike a great deal when you choose a plan that requires a low down payment. The down payment is the major expense involved while leasing a vehicle. Compare the deals offered by various companies and choose the one that requires the least down payments in order to enjoy the best overall rates. Depending on the initial payment, you will be able to bring down the monthly charges too. Hence, you should not be of the impression that a higher down payment would help to reduce the monthly costs.

Mileage

This is one part that most of you might mess up. When you sign the lease agreement with a Singapore car rental company, you will have to mention the expected mileage that you intend to drive the vehicle. You can choose the same based on your daily requirements. You should always take into consideration the daily distance that you intend to cover on the vehicle as well as few extra miles to be on the safer side. You might consider emergency needs too when you calculate the miles that intend to drive the vehicle. If you happen to exceed the mileage that you mention while signing the deal, you might have to pay heavy penalties. The car rental companies would charge you huge amounts for each additional mile that you drive. Hence, consider all your requirements before declaring the estimated mileage when you sign the lease agreement in order to enjoy the best rates.

Comparisons and negotiations

When you compare the rates offered by various car leasing companies in Singapore, you will be able to save a lot of money. You should call up as many companies as possible before fixing a deal. You should decide on a vehicle, the miles you intend to drive every month and a vague budget before calling the companies. When you are provided with the rates, you should ask them for a better rate without fail. Explain your exact requirements to them in order to win their trust. You can discuss with them about your work status and vehicle requirements in order to get the best deal. Negotiate the price and tell them that you will get back after checking with your friends. Call up the other companies with the rates provided and try to strike a batter deal. Choose the company that provides you with the best vehicle at an attractive price.
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