Fast Paced

If data shows anything, it is that more and more individuals and families now prefer to lease or rent rather than purchase cars.   Around a quarter of all car sales for 2014, the highest since 2000, were leased and there is an average 20% increase in all lease and rentals of all major car manufacturers. In Singapore , there is a similar marked underperformance of the auto sector and a significant boost not just in rentals and lease but in 2 nd hand car purchases.   This has bode well for replacement parts and repair centers throughout the City-State. Costs of Importation, Production, and Distribution Apparently, car leasing, rentals or second hand purchases have become more practical options instead of traditional mode of purchasing a brand new car. For one, renting leasing or purchasing second hand cars seem to be more economical given due to changing domestic assembly quotas, import and export tariffs and duties for parts and vehicles, gas or diesel preferences, and local