In Singapore, we have excellent public transport systems like buses, MRT and LRT which are conveniently located at every corner of the city. However, there could be people with different needs that makes taking public transport a hassle. For example, families with small children or families with elderly. Moving up and down the stairs could be troublesome when strollers, walking sticks or wheelchairs come to play.
Financial Flexibility
One of the key advantages for Singaporean drivers considering car leasing is the financial flexibility it offers. In a city known for its high upfront costs, leasing allows individuals to access a new vehicle without a substantial down payment. This is particularly appealing in a place where the Certificate of Entitlement (COE) and additional taxes can significantly contribute to the initial expense of car ownership. Especially for young drivers, paying the upfront cost could be a huge percentage of their savings!
Couples with young children
Going out to the supermarket on a weekend with your family might seem like a simple task but when you add young toddlers, a stroller and bags of groceries into the equation, then that’s a different story. Lugging up strollers and heavy groceries whilst carrying your child onto the bus or mrt would be dreadful especially if its the weekend and the MRT carriage is full. Leasing a car might be a better option as you get a comfortable transport with enough space to hold your stroller and groceries without needing to squeeze with the rest of Singapore.
Families with elderly or people with disabilities
In Singapore, leasing a car presents a compelling solution for families with elderly members or individuals with disabilities. Leasing provides the opportunity to select vehicles tailored to specific mobility needs, including features like lower entry points, spacious interiors, and advanced assistive technologies. In a densely populated urban environment where public transportation may not always be optimised for accessibility, having a leased car offers families the freedom to travel on their own terms. Moreover, the absence of a hefty upfront cost associated with ownership makes car leasing financially more feasible, allowing families to allocate resources towards healthcare and other essential needs. This flexibility, combined with the adaptability of leased vehicles to cater to diverse mobility requirements, makes car leasing a practical and considerate choice for families with elderlies or individuals with disabilities in Singapore.
In conclusion, car leasing in Singapore is more than just a practical option; it’s a strategic and cost-effective way for individuals to navigate the unique challenges of urban living. With its financial flexibility, environmental considerations, and adaptability to the city’s infrastructure, car leasing proves to be a key player in Singapore’s ever-evolving automotive landscape.