It is a dream for anyone who wants to drive a luxurious model like the BMW or Mercedes. However, in Singapore, owning a car is ridiculously expensive. Car rental or leasing therefore becomes a popular option for many who work or live in Singapore.
Five reasons for BMW rental in Singapore are :
The monthly car rental or leasing payment is considerably less than it would be for a car loan. Some people therefore opt for a more luxurious car model for long term rental.
The rental company takes care of all maintenance, inspection, road tax payment, insurance payment of the rental car. It is basically worry-free when you lease a car on a long term basis. The rental arrangements largely eliminate the hazards of a significant unforeseen expense.
Changing a different car model every few years
For many people, there’s nothing like the feeling of driving away in a brand new ride. If you’re one of them, leasing may be the way to go. When the lease is up in a few years, you can return it and get your next car model.
No resale worries
Are you the type of person who hates to haggle? If so, you probably hate the idea of selling your used car to a dealership or a private buyer. With a lease, you simply return the car. The only thing you have to worry about is paying any end-of-lease fees, including those for abnormal wear or additional mileage on the vehicle.
Maximizing Tax deductions
If you use your car for business purposes, a lease will often afford you more tax write-offs than a loan. That’s because the IRS allows you to deduct both the depreciation and the financing costs that are part of each monthly payment. If you’re leasing a luxury automobile, the amount you can write off may be limited.
If you desire a BMW rental, you need to contact Exclusive Limo and Car Rentals in Singapore. Call them at +(65) 62850020 to book your BMW.