Car rentals rise by 20% over long weekend
POSTED: 08 Aug 2013 5:35 PM
Some car rental companies have said car rentals have gone up by some 20 per cent over the long weekend, compared to the same period last year. The companies added that their car rental packages were sold as early as a month ago.
SINGAPORE: Some car rental companies have said car rentals have gone up by some 20 per cent over the long weekend, compared to the same period last year.
The companies added that their car rental packages were sold as early as a month ago.
Hawk Rent a Car said it has rented out some 500 cars.
At another company, Ace Drive, about 80 per cent of the customers are Muslims who have rented the cars to visit their relatives during the Hari Raya holiday.
The other 20 per cent of its customers have rented the cars to head across the Causeway.
The companies believe that the rental business will continue to increase even after the festive season.
Jesse Tan, managing director at Ace Drive, said: "Another reason is because, lately, the MAS has come out with the loan curbs... This helps to increase the (rental) demand for this period."
- CNA/xq
- wong chee tat :)
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