5 Factors That Affect The Cost Of Truck Rental
If you are moving or transporting goods, you may consider renting a truck to make the job easier. However, remember that the truck rental cost in Singapore can vary widely depending on several factors. To understand it better, here are factors that can affect its price:
1. SIZE OF THE TRUCK
One factor that affects the rental cost is the truck’s size. Generally, larger trucks will cost more to rent than smaller ones. Choose what is appropriate for your needs but not so large that you end up paying for extra space you do not need.
2. DISTANCE TRAVELLED
Another factor affecting the cost of lorry rental in Singapore is the distance you must travel. Most rental companies charge a base rate plus a certain amount per mile travelled. If you are travelling a short distance, this may not add up to much. But if you are journeying a long distance, the cost can change.
3. RENTAL DURATION
The rental duration is also a factor to consider because rental companies often offer discounts for extended rental periods, so if you plan to use the truck for several days or a week, you may save money by opting for a more prolonged rental period. However, if you only need the vehicle for a few hours, it may be more cost-effective to rent hourly.
4. TIME OF YEAR
The time of year can also affect the cost of the rental. During peak moving season, rental rates are higher due to increased demand. Schedule your rental during the off-season when rates are likely lower. It is also the same as the best car rental in Singapore.
5. INSURANCE COVERAGE
Consider insurance coverage when renting a truck. Most rental companies offer insurance coverage for an additional fee, but this can add to the overall cost. If you have insurance for truck rentals, such as through your personal auto insurance policy or a credit card, you may decline the company’s insurance coverage and save money.
You will see several factors that can affect the cost of renting a truck, and here are some. By considering these, you can decide which rental options are best for your needs and shop around to compare prices from different rental companies, helping you find the best deal. If you are also looking for a commercial van for sale in Singapore, visit the website of Edmund Vehicle Rental. They offer different services, so do not miss checking them out.