Need car leasing in Singapore? Look no further because Hong Seh Leasing has got you covered.
We’re a car leasing company in Singapore offering value-for-money car leasing packages for everyone. Hassle-free and convenience are our top priorities. We ensure our customers get the best service possible anytime, anywhere.
As a market leader for the past 40 years in the automotive industry, we has worked with many major car brands to provide the most competitive car leasing package in Singapore. We truly understand the hassle of managing a fleet of cars, and are here to provide practical and affordable solutions with exceptional service for those who are looking to lease a car in Singapore.
Contact us now to find out more.
Car leasing is an auto financing arrangement wherein you’re “renting” a car from an auto dealership for a specific period
and up until a certain number of kilometres driven.
You’re generally expected to make monthly lease payments on your chosen vehicle.
In exchange, the car leasing dealership will allow you to drive the car for personal, corporate, business, or everyday use.
After the lease has expired or during the end of the car lease,
you have two options: return the vehicle to the leasing company or buy out your lease, allowing you to own the vehicle.
Singapore is one of the world’s most expensive cities to own a car in. Compared to other countries, owning a car in Singapore requires you to be financially well off or capable, at the very least.
Why? Due to Singapore’s limited land size, the government has made it one of its priorities to keep the city’s major roads and thoroughfares free from heavy traffic and congestion. The fewer cars there are on the roads, the better.
The government has placed a hefty price tag on car ownership. Instead of just paying for the car’s base price, you’ll also need to pay for the Certificate of Entitlement (COE), Open Market Value (OMV), road tax, etc.
With all these fees and expenses, you’ll effectively end up paying twice the car’s original value.
Fortunately, there’s a way for you to get around Singapore roads while driving a vehicle: through car leasing.
Car leasing in Singapore is much cheaper than buying a car.
The upfront costs and fees are lower, not to mention most of the administrative work is done on your behalf.
At Hong Seh Leasing, we process all the paperwork needed so you can legally drive your chosen vehicle on the roads. We believe in 100% transparency and will not charge any hidden costs.
Below are the other benefits you can get when leasing a car in Singapore:
Car leasing in Singapore involves much lower monthly payments than if you were to purchase or finance a car through a loan.
When you buy a vehicle, you’ll end up paying its total purchasing price and interest. This isn’t the case with leasing.
Car leasing is cheaper because you’ll only have to pay monthly for renting the car (in addition to a low upfront cost, rent, and interest rate).
You’ll have more savings through a car leasing or rental service. If you decide to buy the leased car in the future, you’ll have saved up enough money to purchase it.
Down Payments for a secondhand or brand new car can fetch anywhere between 10 to 20% of its purchasing price.
In addition, you’ll also have to pay for other fees, like road tax, OMV, additional registration fee, excise duty, COE, and so on.
Meanwhile, our car leasing services in Singapore are much more cost-effective.
We offer an all-inclusive car leasing package featuring annual insurance and road tax coverage.
Renewing your COE and paying for parking costs, motor insurance, and maintenance is time-consuming.
Not that, but securing all the correct paperwork and scheduling can get overwhelming.
At Hong Seh Leasing, we know everyone lives busy lives. We don’t want to burden our customers with all these extra steps and processes, which is why our car leasing in Singapore is as smooth-sailing and seamless as possible.
When you lease a car in Singapore from us, all you have to do is set aside a budget for monthly repayments, choose a leasing plan, and pick your desired vehicle make and model. As the industry leader in car leasing in Singapore, we pride ourselves on our convenient process.
We care for almost everything, from getting insurance coverage to helping you choose a flexible car leasing tenure that meets your needs.
If you choose a close-ended lease plan, you won’t even have to worry about reselling the car.
Simply return it to us, and then you can upgrade your vehicle or own it if you wish!
You likely have a dream car you’ve been eyeing for quite some time now. But you probably have difficulty figuring out how to finance it.
When leasing a car in Singapore, however, you have a wide selection of vehicles to choose from.
BMW, Toyota, Mercedes-Benz, Suzuki, or what have you, Hong Seh Leasing gives you multiple options so you can drive the car of your dreams.
Before buying a used or brand new car, you’ll likely need to purchase other car parts, accessories, and other components.
It’ll take some time before you can actually drive it on the road.
Meanwhile, car leasing allows you to drive the vehicle as soon as possible. Our fleet of vehicles is always in excellent condition.
They’re also equipped with up-to-date features so you can safely and stylishly drive on Singapore roads!
Yes. Leasing a car in Singapore is an efficient way to drive your dream car. You’ll only have to make monthly repayments according to your financial capacity.
Before approaching a car leasing company, make sure you meet the following eligibility requirements and recommendations:
1. Must be a Singapore resident (natural-born Singaporean, Permanent Resident, or Long-Term Pass Holder)
2. At least 22 years of age
3. Must have at least 2 years of driving experience.
4. Other documents, as needed
Yes. Hong Seh offers car leasing for brand new and secondhand vehicles.
You may check a complete list of all our available vehicles here.
No, we don’t require a downpayment on our car leasing, since you won’t be buying the cars.
However, you may need to pay a driveaway fee or security deposit, depending on your vehicle of choice.
Yes. We offer a range of regular and luxury cars, ready for your next road trip to Malaysia.
You have several options after the end of your car lease:
1. Buy out your car lease
2. Transfer the lease
3. Upgrade your lease plan
4. Extend your car lease
Yes. Hong Seh Leasing offers a complete, all-in-one car leasing package in Singapore, including annual insurance and road tax coverage.
Unlike other car rental or leasing services in Singapore, Hong Seh offers car leasing with unlimited mileage.
This means you get to keep the vehicle up until your lease term ends. There is no mileage limit cap.
Please provide us with the following details and we will contact you within the next working day.
Headquater: 10, Fourth Lok Yang Road S629926
Showroom: 237, Alexandra Road #01-06 Alexier S159929
Contact Number :
(65) 6338 8444 / 8869 2335