How long do rental car companies keep their cars? - PowerPoint PPT Presentation

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How long do rental car companies keep their cars?

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The top companies offering car rental in Singapore will not keep a vehicle in their fleet for a long time. The maximum time that a car will be a part of the company is usually less than 2 years. The people who rent a car would want to drive around in good-looking vehicles. Nobody would be willing to pay money to drive around in a worn-out vehicle with restrained exteriors and dull interiors. The rental companies would want to attract as many customers as possible on a daily basis and hence they will make sure that the customer requirements are met. – PowerPoint PPT presentation

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Title: How long do rental car companies keep their cars?


1
How long do rental car companies keep their cars?
  • The top companies offering car rental in
    Singapore will not keep a vehicle in their fleet
    for a long time. The maximum time that a car will
    be a part of the company is usually less than 2
    years. The people who rent a car would want to
    drive around in good-looking vehicles. Nobody
    would be willing to pay money to drive around in
    a worn-out vehicle with restrained exteriors and
    dull interiors. The rental companies would want
    to attract as many customers as possible on a
    daily basis and hence they will make sure that
    the customer requirements are met.

2
  • Majority of the Singapore car rent companies get
    cars directly from the manufacturers at an
    attractive rate. They are provided with these
    rates because they are entitled to return the
    vehicle after a certain period of use. The
    companies will return the vehicle in less than
    two years because of the amazing rates offered by
    the car manufacturers and dealers in the country.
    The rental companies will be provided with the
    latest models at attractive rates once the old
    one is returned. This will help the rental
    companies to add the most popular and brand-new
    vehicles to their fleet often.

3
  • The travelers renting a car always do it because
    they love driving in Singapore. The roads in the
    country are excellent and applying full throttle
    and taking the cars to breathtaking speeds is
    something that is loved by a lot of people.
    Majority of the tourists hence prefer the most
    modern vehicles. The top sports cars and luxury
    vehicles are always in huge demand in the
    country. The rental companies always keep their
    fleets updated with the cars that are in demand.
    Since this trend changes when new models are
    released in the markets, the companies will get
    the fleets updated. Whenever there is a huge
    demand for certain brands of used cars, the
    rental companies sell of these models to gain
    extra income. This is another parameter that the
    rental companies consider before selling the
    vehicles in their fleet. The most popular rental
    companies in the country will sell off their cars
    every six months.
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