Tag: leasing contract tips

First-time lessees often overlook the basic principles of leasing. Leasing involves paying to use a car for an agreed period without full ownership. This arrangement offers flexibility, especially for drivers avoiding long-term commitments. However, lessees must understand contract terms, mileage limits, penalties, and available vehicle types before signing anything. Lessees reviewing contract duration, monthly costs, upfront charges, and insurance coverage make informed decisions. Not all leases offer the same value. Car leasing rates in Singapore vary depending on vehicle make, model, leasing company, and service inclusions. Comparing these aspects builds...