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Renting a BMW for personal use
- Thread starter darryl
- Start date
Sidewinder
Well-Known Member
Im adding new mods to the car to make it even pimped.... most prob if i rent him, after costs and risks and mods, i would perhaps consider renting him at 3000 per month with a 3 year contract permanent
detach8
Well-Known Member
darryl,
I think you are better off trying a different brand with that budget. i don't think even renting the COE BMW will get you that kind of rate. Private rental has risks, nobody will let you take over their car at the same rate they are paying for it.
Don't forget the poor FC of an old car and all the repairs you may have to bear.
If a BMW is a must, you can consider:
Used BMW 318i Car for Sale in Singapore, Lake View Credit - sgCarMart
65% of PARF is $26K so you are paying 20K for 2 years' of use. Bargain abit and you should be able to reduce it to 18K/2 years or 9k/yr. Add road tax, inspection, servicing and insurance it works out near $1500.
Good luck.
detach8
Well-Known Member
darryl;664438 said:
for a 1 year term i think you are better off either enrolling in a car sharing scheme or buying a 2002/2003 car than renting.
rental really is a risky business. if the returns aren't good, people usually won't do. e.g.
what if you don't pay the rent on time?
what if you crash the car and affect the renter's NCD/future premiums?
what about traffic offences?
what if you drove the car to M'sia and crashed it and never return?
:yikess:
you may think i am :screwedu:, but these are facts of car rental!
aojk
Member
hahaha...I'm beginning to enjoy this forum! You guys seem like a bunch of fun ppl! I can't believe I'm spending time reading these comments individually but I did it anyway. Darryl, the budget you gave is meant as a joke right or do u seriously mean it?
CKY
Well-Known Member
kiyoshi;665989 said:
A humble 06 Nissan Sunny was leased for S$850/mth..
S$750/mth for a BMW or VMW ? Cannot make it for that deal. My friend on a leasing contract of a 05, BMW 320 for S$1500/mth..He has been driving it for almost one year already:screwedu:
VolanteDB9
Users Awaiting Email Confirmation
kakani;669310 said:
have one, when?
