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OWN |
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LEASE |
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( + ) YOU OWN IT |
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( - ) YOU DON'T OWN IT |
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( - ) BANK LOAN ( ANOTHER INTEREST ) |
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( + ) NO BANK LOAN |
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( - ) PAY COE (CERT. OF ENTITLEMENT) |
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( + ) COE INCLUSIVE |
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( + ) CAN ADD ACESSORIES AS AND WHEN YOU |
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( - ) CANNOT ADD ACESSORIES |
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LIKE IT |
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( - ) SERVICING AT YOUR OWN EXPENSE |
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( + ) SERVICING INCLUDED |
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(REPLACE SPRK PLUG, ENGINE OIL, BRAKE PAD, ETC) |
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( - ) SET YOUR OWN TIME FOR SERVICING |
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( + ) RHZ CREW WILL HANDLE THE CHORES WHILE |
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YOU IN OFFICE OR HOME |
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( - ) CHANGE SPARE PART AT YOUR OWN EXPENSE |
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( + ) SPARE PARTS COST INCLUDED |
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( CHANGE TYRE, SUSPENSION, ETC ) |
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( - ) ROAD TAX AT YOUR OWN EXPENSE ( EVERY 6 MTHS) |
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( + ) ROAD TAX INCLUDED |
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( - ) YEARLY INSURANCE AT YOUR OWN EXPENSE |
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( + ) YEARLY INSURANCE INCLUDED |
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( - ) CHANGE NEW CAR AFTER 5 YEARS (BREAKEVEN) |
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( + ) CHANGE NEW CAR AFTER 1 OR 2 YEARS |
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( DEPEND ON MODEL ) |
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( - ) IN CASE OF BREAKDOWN, CALL & PAY |
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( + ) RHZ PROVIDE 24 HR EMERGENCY STANDBY |
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INDEPENDENT TOW TRUCK AND MECHANIC |
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For leasing, the main different you notice most is, how come the monthly payment for the car is higher than mthly payment from buying one? This is because the leasing |
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monthly has already includes COE, road tax, insurance and maintenance cost. Whereas if you own yourself, road tax and insurance will be paid separately in stages |
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while for maintenance, you worry later as it comes. Remember breakeven of the car only after 5 years then you can change new car, another paperwork comes in |
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IN CONCLUSION, RHZ OBJECTIVES IS TO PROVIDE HASSLE FREE DRIVING EXPERIENCE TO EXPATRIATES HERE IN S'PORE AND WE TAKE CARE OF THE REST |