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GAL offers leasing of vehicles to expatriates, corporations and
individuals. The leasing period ranges from months to 2-3 years,
with option to extend the lease after it expires. For any leasing
contract of 2 years and above, we will provide brand new vehicle for
the leasing.
Why should I lease instead of buy?
It is true that buying a vehicle makes the buyer a proud owner of a
new vehicle. However, the owner is effectively owning a liability
since the value of the vehicle will never appreciate and there is
only expenses in owning vehicle, no income. So, why be owner of
liability? The Wheels Asia magazine Vol 6 No 6 published an
interesting article, highlighting reasons for leasing of vehicles
instead of buying (click
here to view the article).
So do you really own the car? (check
this out)Advantages of leasing:
- less upfront cost
- no worries over road-tax/insurance/radio licence renewal
- does not have to source for best quote during insurance
renewal & maintenance
- zero maintenance cost over lease period (due to wear & tear
only)
- free use of courtesy vehicle during servicing/repair
- no obligation after lease expires
- ability to drive new vehicle after each lease period without
worries on selling/scrapping
- conserves lines of credit (for corporations)
- eliminate obsolescence of company's asset
- protection against uncertainty over vehicle prices in the
future
- easy budgeting (fixed payment throughout the lease period)
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Leasing