So, we already know that driving is about the most expensive thing to do in Singapore. But, having a car does have its functional benefits compared to taking the cab all day when you have a busy lifestyle or a family with kids. Getting a car costs $101,999 and more if you factor in all extra insurance and serving fees that come with it. Renting a car, on the other hand is charged at an all-in-one flat rate. In the length of 5 years, is it more worth it to rent or buy a car?

In the long run, does it make more money sense to rent or own a car?

 

Price Breakdown for Honda Civic i-VTEC

We will use a Honda Civic …