consider this road less travel.....
we are technically renting a car for 10 years
here in singapore so why not consider getting a long term (2 to 3
years car rental (can be brand new car) instead of "buying" a car
here....
Good thing abt this is that :
1) no long term in debt or loan to bank (usually
2) everything from maintenance to break down will be taken car of
by the rental company instead of you
3) Brand new car can still be under your name
4) No need to absorb the depreciation over the years
5) no need to have headache abt selling or scrapping the car
6) more savings... as less interest being paid and less years of
debt
Bad thing is :
a) much higher monthly payment compared to "buying" a car...i.e
have to pay out more cash per month...hence, got to have more cash
on hand
