Frequently Asked Questions
1. What are the advantages of leasing a vehicle from us?
Leasing has 3 main advantages over purchasing a car on your own.
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* The initial cash outlay is much lower. The booking fee to secure a vehicle from us is $500 and the deposit for a long-term leasing contract is 1 month. This is much lower than the deposit and upfront payment you have to pay when you purchase a car.
* Your monthly costs are fixed as insurance, road tax and maintenance fees are included in the leasing fee.
* As there is no finance loan agreement, your total debt servicing ratio (TDSR) remains unaffected.
1. What are the advantages of leasing a vehicle from us?
2. Do you lease to private-hire drivers?
Yes, we do leasing for private-hire drivers. You can lease the vehicle from us and use it for any private-hire companies such as Grab, Gojek and TADA as we do not partner with any of the private-hire companies.
2. Do you lease to private-hire drivers?
3. What happens if I am unable to fulfill my leasing contract?
We will always strive our best to come out with options to assist our clients with payment issues. However, if we are unable to work out a solution despite our best efforts, your deposit will be forfeited and we will reclaim back the car from you.
3. What happens if I am unable to fulfill my leasing contract?
4. What is the lease tenure when I lease a car from you?
The usual lease contract is at least a year. However, we might be able to accommodate shorter periods such as 6 months to a year. Please contact us to find out more.
4. What is the lease tenure when I lease a car from you?
5. What is the difference between car leasing and rental?
Leasing is a long-term contract, normally from a year onwards. For rental, it is short-term, normally from a day to a few weeks maximum. We are able to offer very competitive rates for long-term leasing contracts.
5. What is the difference between car leasing and rental?
