Singapore’s leading car platform, Sgcarmart, has unveiled its groundbreaking ‘Leasing as an Option’ service today, ushering in a new era for used car buyers in the city-state. This innovative leasing service, available exclusively on Sgcarmart’s website, allows buyers to experience the thrill of driving a listed vehicle under the KINTO One leasing programme.
The KINTO One programme is designed to liberate buyers from the burdens of significant financial commitments and administrative hassles associated with car ownership. Emphasizing ease and affordability, this initiative provides an array of perks for users, transforming the car ownership experience.
Among the standout advantages is a 22% fuel discount at Shell and Esso, a game-changer in a market where fuel costs are a substantial part of vehicle ownership. Additionally, subscribers benefit from a monthly complimentary concierge service for airport transfers and a free replacement car, ensuring uninterrupted mobility.
The financial model is streamlined to simplicity, with buyers only required to pay a fixed monthly fee. This fee encompasses various costs, including road tax, insurance, vehicle wear and tear, maintenance expenses, and an unprecedented Transferable No Claim Discount (NCD), marking a pioneering move in the Singaporean automotive landscape.
KINTO One positions itself as Singapore’s latest car leasing lifestyle service, aiming to deliver all the advantages of driving a new car without the burdens of ownership. It offers a comprehensive car leasing solution with zero down payments, unlimited mileage, and coverage for road tax and insurance. As an added bonus, users receive a free KINTO membership, unlocking a suite of value-added services.
Currently, the new leasing service is available for more than 800 used vehicles on the Sgcarmart platform. However, plans are underway to expand the offering to include a broader range of makes and models in the coming months.
Sgcarmart, Singapore’s undisputed #1 car platform, boasts over 30,000 listings and holds the title of the largest database for new and used cars in the country. The platform’s impact is evident, with an average of 10 cars sold every hour, contributing to around 70% of all second-hand car transactions in Singapore. Monthly, the platform attracts more than 1.6 million users, showcasing its unwavering commitment to providing top-tier support for drivers through its comprehensive suite of value-added car ownership and transactional services.
The introduction of the KINTO One leasing programme reinforces Sgcarmart’s position as an industry trailblazer, revolutionizing the way Singaporeans approach car ownership and driving experiences.
(Source: SGCarmart | PR Newswire)
