It is easy to get around in Singapore – that much is for sure. The island state has one of the most efficient public transportation systems in the world. Yet nothing beats the convenience and comfort of traveling in a private vehicle.
The public transport system is world-class in the city that will let you get around with ease. Nevertheless, there are certain occasions when it would still be more convenient to hire the cheapest car rental Singapore.
Almost everyone would opt to be a car owner, given a choice. And owning a car feels incredible, but it can come at a massive cost in Singapore. The actual process of owning a car in Singapore also appears to be intimidating for many.
If you are an expat working in Singapore, renting a car on a monthly basis is the best option if you require a vehicle for work. There’s no long-term financial commitment, and can help you save substantially.
If you are a newbie to the car rental industry and do not know what to expect, do not worry! We have prepared a guide to help make the process of car renting in Singapore easier.
Car Rental Industry in Singapore
Singapore’s car rental industry can be categorized into – international brands, local companies, and car manufacturers who offer leasing contracts. Your choice of the cheapest car rental in Singapore depends on how long you want it, your budget, and which model you are eyeing. Singapore’s car rental industry is hugely competitive. There are several companies offering car rental services in Singapore. So, choose one according to your needs.
Plan Your Budget
The rates vary with the type of car. Here’s a look at the average prices –
- A 5 seater sedan might cost you around $60 to $100 per day
- A 7 to 8 seater family SUV might cost you around $100 to $200 per day
- A goods van might cost you anything between $50 to $150 per day
There are different service providers that offer long-term and cheapest car rental services in Singapore. Besides the vehicle’s model and mileage, the car rental agreement price comes in a range depending on the duration of the lease.
Eligibility Requirements
To rent a car in Singapore, you should have a Singapore driving license of the appropriate vehicle class. Car rental companies will require you to be 23 to 69 years of age, but there is a number of companies that will rent to people aged 70 to 74 often with additional costs.
Expats need to have an International Driving Permit or hold a valid driving license in English to be eligible to drive in Singapore for up to 12 months. After which, you will need to convert to a Singapore driving license.
What’s In The Rental Contract
Car rental rates vary greatly between companies. Some expensive packages include additional features like extra insurance coverage.
A standard contract for car rental in Singapore contains the following:
- Rent fees
- Security deposit
- Cancellation penalties
- Insurance coverage
- Duration of contract
- Any restrictions, for example on mileage
- Emergency contacts of the car rental company
If you are looking for the cheapest car rental Singapore, Exclusive Limo might be the best choice for you. We have several car leasing packages popular among corporate customers and expatriates. We also provide hybrids and electric cars for rental in Singapore.
Whether you are looking for a Standard Sedan or an executive BMW or need a commercial van, we have got you covered. Visit us and you will be spoilt for choice when choosing a car.
