3 Benefits Of Leasing A Vehicle Versus Buying OneFiled under: Business Services;
You can’t exactly keep driving the same vehicle for years and years. There will come a time when you need to replace it. When it comes to that point, you have several options available to you. You should consider all those options before you actually decide on one particular option. This article, however, is aimed at only explaining one of those options, and that is leasing. This has certain advantages as well as certain drawbacks that you need to be aware of. This article will simply give you the facts; whether you decide to choose this option is up to you. If you are interested about Daily car rental you can visit this site http://www.boltcarleasing.com/short-term-car-rental/.
Moving along, how car leasing in Singapore works is that you pay a certain percentage of the vehicle’s value initially; this is usually less than 20 percent. Following that, over a period of time you will pay the dealer in small installments, at the end of which you will hand over the keys back to him or her. So at the end of the day, you don’t exactly own a car (which is considered a drawback of this option). In addition to that, you will have to pay for any damages caused, and you have an agreed upon travel limit, that is to say the maximum distance you can travel using that vehicle within a month. All of this is true, but there are certain advantages as well.
With car leasing you can get a car that you would otherwise have been unable to purchase. You can afford to use a car which you normally would not have had enough cash for if you wanted to actually buy it. In addition to that, if you are someone who wants to change your car every couple of years, then this would end up saving you money in the long run. This is actually ideal if you are in need of a fleet of vehicles to be used in your company as company vehicles for employees and so on. If you buy your own vehicles, they will tend to depreciate over time and cost you a lot of money to maintain.
Of course you will still have to still do the usual things when getting a new vehicle. First do some research and find the vehicle that you really like. Following that, you must also check to see where you can get the cheapest price. You also need to go see the vehicle and test it out properly. Test out a few vehicles and figure out which one best suits you. All in all, this is a good option, but as mentioned, the final decision is up to you.