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Cost of leasing a car

Discuss about car leasing and rental in Singapore.
RolandDSilva
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Cost of leasing a car

Postby RolandDSilva » Tue, 04 Nov 2008 6:37 pm

Would anybody be able to help me with some info on the cost of leasing a car in Singapore ? I was told SGD 2000 p.m. (approx) for a mid size sedan (e.g Toyota Corolla) and up to SGD 4500 p.m. for a high end sedam (e.g Mercedes E 220). Is this accurate ?

Thanks.

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Teenie Bash
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Postby Teenie Bash » Tue, 04 Nov 2008 11:42 pm

Pretty much. Just leased Honda Stream for s$1900 a month.

RolandDSilva
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Thanks !

Postby RolandDSilva » Wed, 05 Nov 2008 1:49 pm

Teenie Bash wrote:Pretty much. Just leased Honda Stream for s$1900 a month.


Thanks, much appreciated !

Regards
Roland

mscott
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Postby mscott » Thu, 06 Nov 2008 5:04 pm

Hi Roland,

Well, to my knowledge, the cost to lease a car per month is highly dependant on the Cost of the vehicle and its OMV(Open Market Value). I for example leased a Saab for 2 years from Eurokars Leasing as they had a good rate for it. The rates in general are very competitive in Singapore. Keep searching, i'm sure you'll find a good deal. Good Luck!

Flyjet1
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Postby Flyjet1 » Wed, 12 Nov 2008 11:58 am

it really depends how long you need the car. Otherwise hire taxi or max cab should handle pretty well at lower cost
free time? do something!!

momof4yearold
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Re: Cost of leasing a car

Postby momof4yearold » Tue, 18 Nov 2008 4:47 pm

RolandDSilva wrote:Would anybody be able to help me with some info on the cost of leasing a car in Singapore ? I was told SGD 2000 p.m. (approx) for a mid size sedan (e.g Toyota Corolla) and up to SGD 4500 p.m. for a high end sedam (e.g Mercedes E 220). Is this accurate ?

Thanks.


Hi, we just moved here and need to rent a car as well. Any updates on the cost from your research?

We have one child and are looking for a mid sized car

Thanks

hookedtothenet
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Postby hookedtothenet » Tue, 18 Nov 2008 5:19 pm

A friend of our is paying $1800 pm for a Suzuki Vitara.

I am not convinced however that renting is the way to go personally, well not imo and my situation anyway.

You can buy a 2 year old car, say a Rav4 for $56K, low interest rate of say 2.68% over 48 mth's, 8 year of COE left. I know you have depreciation etc, but at least at the end of the 48 mth's you have something to sell. I know you have road tax and Ins to, but even with all that I am sure you would be better off. I surpose if you didn't think you will be around in two years it might not work out as well.

Please let me have others opinions, I am very new to all this and might be missing the big picture completely.

Sorry for going off track slightly, just thought it might be something to consider.

Cheers Hookedtothenet

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durain
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Postby durain » Mon, 24 Nov 2008 12:35 am

but why email you? why cant you share out your info??? that's the whole point of a forum.


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