Posted by When you need a vehicle for only a limited period of time, you might want to consider car rental sg. Car rental in Singapore can either be a short-term car lease or a long-term rental, depending on your needs.
And here’s what you need to know about car rental Singapore so you can make the best and most informed decision.
Long-Term Car Rental vs. Short-Term Car Rental
Long-term car rental and short-term car rental are both forms of car leasing. Apparently, they differ in the length of time for which the car is rented. Their main differences are the length of the lease, flexibility, cost, and maintenance.
Length of the lease. A short-term car rental usually refers to a rental period of fewer than 12 months, while a long-term car rental means a rental period of 12 months or more.
Other car rental sg service providers provide weekend to yearly car rental. The weekly rates usually range between $380 and $800, depending on the model. On the other hand, monthly rates start at $1,480 and can go as high as $2,480.
Flexibility. When it comes to flexibility, short-term car rentals may be a better option. They are more flexible, as they allow you to rent a car for a short period of time without committing to a long-term contract. Some budget car rental Singapore providers even offer one to two days of rental.
Meanwhile, if you choose long-term car rentals, expect a longer commitment and stricter terms and conditions.
Cost. Short-term car rentals have the tendency to be more expensive, especially on a daily or weekly basis. But its total cost is actually lower because of the shorter rental period compared to a long-term car rental.
Long-term car rentals will have lower daily or weekly rates, but their overall cost will be higher due to the longer rental period.
Maintenance and repairs. If you choose a short-term car rental, you won’t have to be concerned with maintenance and repairs, as the rental company will do them for you. If you choose a long-term car rental sg, however, you will be responsible for the vehicle’s maintenance and repairs.
The pros of a short-term car rental are that you don’t have to pay a deposit, you can choose from more vehicles, and the price might be lower. However, it has some drawbacks, such as fewer options for those with bad credit, mileage limits, and being more difficult to find. Some car rental service providers don’t offer short-term leases, which makes them more difficult to find.
The pros of a long-term car rental are more flexibility, the car might not have mileage limits, and a credit check is not required. Its cons include less selection, age restrictions, and the possibility of being more expensive.
Final Thoughts
The choice between these two forms of car leasing will depend on your specific needs and circumstances. If you only need a car for a limited amount of time and want more flexibility, a short-term car rental may be the best option for you. But if you need a car for a longer period of time and are willing to commit to a contract, a long-term car rental can be a cost-effective solution.