Singapore Expats

Can we rent out our private car?

Discuss about car leasing and rental in Singapore.
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bluenose
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Can we rent out our private car?

Post by bluenose » Fri, 24 Feb 2012 8:37 am

Is it possible to rent out our car here?
We are unable to sell so is it legal to rent out?

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JR8
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Post by JR8 » Fri, 24 Feb 2012 8:46 am

This was discussed maybe 3 months ago (I recall Eagle replied to the OP), so maybe start by doing a search?

HTH

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nutnut
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Post by nutnut » Fri, 24 Feb 2012 10:47 am

Simple answer is no.

There is an in depth discussion though but there are penalties if you get caught!
nutnut

therat
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Post by therat » Fri, 24 Feb 2012 11:09 am

1. Illegal
2. insurance not cover

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Strong Eagle
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Post by Strong Eagle » Tue, 06 Mar 2012 9:49 pm

You can rent it out, but only on weekends and public holidays.

http://www.lta.gov.sg/content/lta/en/mo ... tFlag=none

revhappy
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Post by revhappy » Fri, 09 Mar 2012 10:21 pm

why are you unable to sell it? COEs are still close to their peak.

IreneLim
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Post by IreneLim » Mon, 09 Apr 2012 1:27 pm

I think is best to sell your car now, as the COE is very high now and u can fetch a good price for your car.

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