22 Sep Points to note before you rent a car
If you are planning to rent a car in Singapore, you would already have known the benefits that it offers. Not only do you avoid having to spend much time and effort in maintaining the vehicle, but you also do not need to worry about handling all the necessary paper work and insurance demands.
Now that you are eager to enjoy the benefits of renting a car, note that there are a few important points to consider before you engage in any car rental services. Read on to find out more.
Confirm if the car is legal
The first thing that you need to do is to ensure that you are dealing with a legally operating car rental company so that you avoid having to rent a vehicle that has been stolen or that isn’t prohibited by the authorities to be driven on the road.
A few years ago, you could refer to the road tax disc and confirm whether the car is registered with the LTA and is legalized for rental. However, last year, LTA has stopped issuing those road tax discs. Today, what you need to do is to ask inspect the documented proof that is given by the rental company to ascertain if the car is legal for rental.
Duration of rental
Before you decide on the duration of the rental, ascertain how long you need this car for and for what purposes. Ask questions such as: ‘Do I really need the car to run my daily errands or only do I only need it occasionally?’ That will help you establish the precise commercial vehicle rental package that caters to your transportation needs.
For instance, you may only need a luxury car like a limo when one of your high-end customers is visiting and would want to create a good first impression. On the other hand, as an HR manager, you could decide to rent a car for a longer period of time for your employees who are expatriate.
Ideally, the longer the time you lease the vehicle the more you would be saving on your car rental expenses.
Accidents can happen and they do happen, and the last thing you may want to imagine is having to pay for the damages straight out from your pocket. Therefore, ensure that your vehicle is covered and has a comprehensive insurance coverage before you make a deal.
Well, some car rentals offer additional insurance options with the car at the point of sourcing, which is a great provision. But, before picking an extra insurance policy, ask yourself if you really need the coverage.
In the event that you already have a car with a comprehensive insurance back at home, then you have to make sure that you do spend extra money on signing up with a similar insurance policy that offers the same coverage. In addition, your credit card may as well be insurance, covering the risks not captured by your car insurance. So, why spend on what is already covered?
Inspection before driving away
While customer-focused companies help their clients conduct a thorough inspection of the car’s state before giving it away, it is important that you are involved in the inspection. A quick survey of the car’s body will help you discover any scratches on the paint, broken headlights, dented side mirrors and any other possible defects. Don’t take responsibility for the damage that you’ve not caused.
If you still have any queries or even questions regarding commercial vehicle leasing Singapore, feel free to contact our team and we will be more than happy to serve you.