Whether you plan to use it as a commercial vehicle in Singapore or for personal purposes, getting a second-hand car is a good choice. As the inflation rates soar high, the transportation fees, including the price of a brand-new vehicle, gas, toll, parking fees, and maintenance services, increase along with the inflation.
If you want to have your own automobile, here are a few reasons that may drive you to get a second hand car in Singapore.
1. SAVES YOU MONEY
Going for a second hand car in Singapore can save you tons of cash. Generally, a brand-new unit is much more expensive than a used one. If you want to spend less on the same car model, consider second hand ones.
2. LESS VEHICLE DEPRECIATION
Personal or commercial van in Singapore or vehicles, in general, get devalued over time. When a car is new, the owner drives it often, causing it to depreciate by about 20 per cent.
3. LOWER INSURANCE COSTS
Insurance costs for used vehicles are generally lower than brand-new ones. When getting second-hand ones, the insurance costs for the automobile will depend on the seller’s driving history, mileage, credit score, and location.
4. LOWER DEALERSHIP FEES
When getting second-hand units from commercial vehicle leasing in Singapore, they are less pricey, unlike new automobiles, where you will have to pay taxes and additional fees.
5. PROMOTES PEACE OF MIND
Back then, used vehicles had this stigma of danger and transportation risks. However, with the technology nowadays, you can check for the crucial details about the driver and vehicle before getting a second hand car in Singapore. You can see its accident history, ownership, mileage, and more.
Generally, whether an SUV, van, or lorry, leasing companies in Singapore offer lower prices than brand-new models. If it’s for everyday use and you’re not the type to indulge in luxurious vehicles, consider second-hand cars.
Are you looking for a second hand car in Singapore? Think One Automobile & Trading can be your one-stop vehicle provider. Visit their website to message their team directly.