Driving a luxury car can be a great way to show off your style. However, it is a known fact that driving the top end and newest vehicles can really put a hole in your pocket.
What if there was a way to drive luxury cars and MPVs on a daily basis without actually paying for the vehicles? Actually, there is! Renting a car is one of the easiest ways to drive a luxury car for cheap.
Why is Car Rental Good for Luxury Vehicle Enthusiasts?
Nobody should be barred from driving the latest vehicle model simply due to the fact that they cannot pay for the ridiculous costs of car ownership in Singapore. Luxury cars and MPVs are already pricey, but the base price does not include all the other operational costs such as maintenance, repair works, insurance, taxes, Certificate of Entitlement, and also depreciation. New cars may be a hit when they are first released, but they soon become obsolete when an even newer model comes out on the market. Although car buyers may have the newest car in its best condition, no one can deny that they are losing plenty in sunk costs especially with the rapid advances in car technology.
Fortunately, car ownership is not the only way to get access to the newest luxury cars. Car rental companies are also on top of the latest vehicle trends and usually add new models to their fleet on a regular basis. Why handle the costs for car ownership yourself when the car rental company would be happy to do it for you?
What are the Benefits of Luxury Car Rental vs Luxury Car Ownership?
Now we know that car rental is a viable option for driving your dream luxury car, you may be wondering what the pros and cons of car rental are, compared to car ownership.
Some people may be hesitant to rent a car because they might feel that a rented car is not really theirs. That is true in the sense that you cannot customise a rented car like you could your own car. If you would like to add some accessories to the car or change its colour, you may be under restrictions by the car rental company if they even allow you to do it at all. Buying a car has no such limitations and enables you to customise the vehicle to your heart’s desire.
As mentioned above, car ownership can be expensive especially in Singapore. Aside from the hefty prices of luxury cars and MPVs, you’ll also be expected to foot regular bills for the use of the car, as well as its value depreciation over a short period of time. This is where car rental shines as it allows you to try different models of luxury cars at a much lower cost. When you rent a luxury car, you pay only for driving it, not for owning it.
Both MPV rental and car ownership have their benefits and suit different preferences. Which do you think is right for you?