Car leasing is highly in demand these days. Most of the people prefer it as the best alternative of purchasing a new vehicle. Read on to understand several pros and cons associated with leasing services.

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Pros and cons of car leasing
Jan 1st 2015 at 9:38 PM
Leasing a car is an ideal move, especially for those who are unable to buy a new car.
This type of services is introduced to help people of all economic levels, making their
dream of travelling in new vehicle comes true. The rental services come at very nominal
prices when compare with the overall cost of a new vehicle. Besides cost-effectiveness,
leasing services has also several benefits. Let’s read to know about the real advantages
of vehicle renting and the pitfall, if any.
Pros
Make it easy to have a car
The leasing companies offer Cheap car rental services so that anyone can take benefit
of a comfortable ride. In this hard economic time, people barely buy a new or luxurious
vehicle. These companies offer several options such as Mercediez, Benz, Qualis, Ferrari,
Fiesta, Ikon, etc. from where you can choose the car of your choice within your budget.
Just give a call to the car rental companies. They will drop the vehicle of your choice at
the preferred location, within the assigned time.
Avoid extra expenses
You do not need to expense additional money, when leasing a vehicle. The companies
bear all the charges, related to vehicle maintenance and repair work. Most of their
vehicles are well maintained and come with certain warranty. So, you can be rest assure
that you are going to make a good economical decision.
Get lucrative tax benefit
For small business, vehicle leasing also provides excellent tax benefit, especially when
the vehicle is selected with the CO2 emission. These vehicles are VAT registered, this
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2. the vehicle is selected with the CO2 emission. These vehicles are VAT registered, this
enable individual to reclaim half of the VAT on the financial element.
Helps in selecting the best car for purchase
Leasing services enable individual to test different type of vehicles of their choice and
choose the best among them. It is also best alternatives for those who want to get
experience of all luxury vehicles.
Cons
The leasing companies charge money as per the milage. If you ride car more miles than
the contract, then you have to pay extra charges for the same. The charges are not a
punitive charge, it cost around the rate you signed on the agreement.
The leasing services come at certain tenure. This means that you need to make a new
agreement if you want to continue their services.
Dream car rental is one of the most popular car rental service providers in Singapore and
specialize in offering leasing services for both commercial and private use.
Daina Motley is serving the Auto industry from the past several years. She often writes
on topic related to Car rental services in Singapore. To know more about car leasing
Singapore visit http://www.dreamcarrental.sg
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