long-term lease

In Singapore’s fast-paced urban landscape, having a reliable vehicle is often more of a necessity than a luxury. For individuals and families who value flexibility, long-term leasing offers a practical alternative to car ownership. Yet, despite its growing popularity, long-term leasing is still widely misunderstood. Misconceptions often lead people to overlook options like car leasing, 1-year plans or other annual arrangements that could be more suitable than traditional purchases. This article addresses five common myths about long-term car leasing and sets the record straight. Myth 1: Leasing Is More Expensive Than Buying One of the most prevalent misconceptions about leasing…