Guide to Car Rental Options in Singapore

Singapore has always been one of, if not the most expensive country in the world to buy a car. Most recently, the cost of car ownership has been on a continual rise, and just the price of getting a certificate of entitlement (COE) alone is already close to $100,000. As such, it’s no wonder more people are reconsidering their options and have started looking for more economical and flexible ways to drive.

Car rental and leasing solutions have been around for a long time, and they serve to provide a hassle-free experience. Lately, there is also a buzz in car subscription services for users seeking zero commitment and flexibility. There is car sharing as well for even snappier trips.

So, what are the differences between these services, and which one would make sense to you?

(Photo by KEHN HERMANO)

Rental & Leasing

There are two general types of rental solutions – short-term like daily and weekly rentals; and medium to long-term for those who would require a car for a month, a year, or more. Your rental service providers take care of all the administrative to-dos, insurance, and maintenance, giving you peace of mind while you drive on the road. This option works well for drivers who require a car over a long weekend or expats living in Singapore for a few years who prefer some flexibility.

For someone seeking even longer rental periods, leasing a vehicle may be a better value option. However, a fixed-term leasing agreement will come with restrictions, a larger deposit, and usually a penalty fee for early termination.

Car Subscription

The subscription-based business model is a striving one in recent years with a rising prominence in the entertainment and software industry, and yet unsurprisingly this trend has also carried over to mobility service providers.

A car subscription service is a buzzword that is basically a car rental service said to require a commitment from 1 month up by paying a flat rate throughout one’s subscription period. There is little or no deposit upfront, and drivers can have the flexibility to make changes to their subscription as and when required.

Car Sharing

There are many car-sharing providers, with the largest having over 1,000 pick-ups and drop-off locations island-wide. These options provide drivers with hourly rental based on weekday, weekend, peak, or off-peak rates and the type of vehicle hired.

Additionally, there could also be a mileage fee and insurance charges. This is most suitable for drivers who will only need a car for a few hours for an errand or activity, such as picking up their children from school.

What About Prime?

At Prime & Section Car Rental, we always believe in tailoring our products and services to our clients’ needs. We want you to be able to choose the service based on your own unique requirements.

When you rent with Prime, we listen. It’s about your lifestyle, family preferences, budget, and comfortable rental period.

Whether you are an expat living in Singapore or have just recently relocated here, or simply need a car for a special occasion or a long weekend, Prime offers attractive fully flexible all-inclusive options, be it 3 days, a week, a month, a year or longer, we let our clients decide what suit you most.

Looking for the same flexibility and variety found in car subscriptions? We got you. Prime carries a comprehensive and large fleet of car model selections for you to choose from with minimal commitment. You are free to swap out with us anytime with no incurring charges.

Nothing builds a brand quite like the power of word-of-mouth, and with over 30 years of experience in the car rental market, Prime & Section Car Rental stands the test of time with our seamless rental experience and efficient services provided.

Check out our satisfied customer reviews on Facebook or Google, and start enjoying the best of ALL worlds when you choose to drive with Prime.