Cheapest Car Rental in Singapore

Singapore is a little region. Minimal area implies the Authorities need to have to command the number of vehicles on the highway or else the streets will be packed. This is why Singapore has the best price of vehicle ownership in the globe.

The community transportation technique is very developed, with the MRT (metro) and public buses achieving almost everywhere you go on the island. As this kind of, some citizens only hire a automobile when it is essential, like a family outing to many destinations on the exact day, or a working day-vacation to neighbouring Malaysia.

Singapore automobile rental can be inexpensive and economical. A usual sedan like Toyota Altis, Toyota Vios, Honda City or Mitsubishi Lancer can go for as minimal as $68/day, identical applies to hatchbacks like Honda Suit or Jazz. A MPV like Mazda Premacy or Hyundai Trajet can go for as low as $78/day, in contrast to the usual range of $100-$120/day.

For the past 10 yrs, there are several errant motor vehicle rental organizations who hire out cars not belonging to the firm, but belonging to personal auto entrepreneurs who could not manage to hold up with their car or truck mortgage installments. “So what?”, you might check with. There lies a huge concealed risk.

A proper car or truck rental company owns its fleet of autos, and the fleet is insured by an insurance coverage firm which does protect “seek the services of and reward”. A typical non-public auto coverage will not protect “retain the services of and reward”, which exposes you to unrestricted legal responsibility.

What does this necessarily mean? Illustration:

You have rented a motor vehicle from an errant vehicle rental corporation where you are not appropriately protected for “employ and reward” in the insurance policy policy and then you satisfied with a visitors accident which you experienced brought about accidents to a pedestrian. The pedestrian sues you for $100,000 damages, but the insurance coverage corporation refuse to pay out because of to breach of contract. The judge later on dominated that you had been, say, 70% dependable for the victim’s injuries, and the claim amount (quantum) is altered to $70,000 as an alternative of the unique $100,000. This signifies you have to compensate $49,000 (70% of $70,000) to the target, failing which you shall be produced a bankrupt. Also, you could be prosecuted for driving devoid of a legitimate insurance coverage, which appeals to a wonderful no more than $1,000 or jail no additional than 3 months, or both.

This is a quite significant danger! Why would you want risk getting produced a bankrupt for just renting a car? What is actually much more, errant automobile rental businesses may possibly not essentially demand lessen premiums than correctly insured corporations!

How to notify no matter whether the automobile is adequately insured for “employ the service of and reward”? The easiest way is to appear at the highway tax disc of the automobile. A vehicle registered with LTA (Land Transport Authority, Singapore) for employ the service of purposes with legitimate rental insurance plan protection will bear the term “MOTORCAR” underneath the day of expiry, rather of “PASSENGER(Non-public)” or “PASSENGER(CO)”. You can dial 1800-Simply call-LTA to verify.

Commonly, suitable vehicle employ the service of insurance policy would not go over “P Plates” (motorists with considerably less than a person 12 months of driving working experience). Most might not even deal with drivers fewer than 23 several years of age, regardless of their driving encounter. So, if you are young (< 23 years old) or inexperienced (P plate), you would be undertaking a very big risk if you drive a rental car because regardless whether it is a proper car rental company or not you will not be covered!

We have here a recommended merchant that has a well maintained fleet of vehicles with proper insurance coverage. The company is legally incorporated and LTA-registered as a car rental company. It also boasts a “LOWEST PRICE GUARANTEE”, assuring you that you cannot find a cheaper deal anywhere else.