Long-Term & Corporate Car Rental FAQ

Chances are the lease cars that you saw online are either private-owned cars or are illegal cars. Beware of ridiculously cheap car lease deals, make sure to do some research and ask for a proper lease agreement or document (if there’s one, check the insurance coverage and any vague terms and conditions).

There are too many risks involved when it comes to leasing a passenger/private-owned car or an illegal car. Leasing one may cause you the following:

  • Disputes – not limited to fines, car dents/scratches, penalties, unknown/hidden costs, insurance charges, etc.
  • Legal Implications – if your vehicle is classified as a:
    • Passenger vehicle (a car registered under the name of a private individual)
    • Stolen vehicle
    • Deregistered vehicle
    • Disposed vehicle (due to defects or it being associated with a committed crime)
  • Insurance and Other Related Issues – not limited to the following:
    • Accidents coverage (for vehicle damage (repairs, parts replacement, etc.), medical expenses (hirer, authorised second driver, and the third party), third-party property damage, death, other legal costs, etc.)
    • Missing/stolen vehicle
    • Named/authorised additional driver issue
    • Overseas driving coverage
    • Others – no 24-hour roadside assistance for breakdown, towing, courtesy car/vehicle replacement, etc.
To get a free and non-obligatory quotation, please click here to fill out our quotation form.

Yes, Ace Drive is a legal car rental company. Please feel free to do further verification by searching for our Business Registration Number, “#201004348K”, on ACRA and/or BizFile‘s website.

  • For Singaporeans/PRs – valid Singapore driving licence & NRIC
  • For Non-Singaporeans/Foreigners – valid international driving licence and FIN (Singapore Employment Card)/passport.

For long-term rentals, Ace Drive uses a 30 day calculation. The first month’s rental will be billed in full according to the start date, and the second month will be billed prorated according to the end date. Subsequent billings will start on the first of each month.

For example, if the rental begins on 15 June 2022, the first month’s bill would be from 15 June to 14 July 2022 and the second month’s bill would be from 15 to 31 July 2022. Subsequently, rental bills would be issued every first of month starting in August.

Yes, there is. For all Personal Car Rentals, a minimum of 1 day is required. As for Corporate Car Rentals, a minimum of 3 days is required.

Below are the available payment options at Ace Drive:

  • Mastercard) and NETS
  • Bank Transfer
  • PayNow (see details below)

Please take note that Ace Drive also accepts cash, however, we strongly discourage our customers from making cash payments to eliminate or prevent any potential risks, theft, or fraud.

Cash payments should be made to “Ace Drive Pte Ltd” only and should be done within our office.

To reduce the risk of further local transmission of COVID-19, we kindly request for our customers to send their payments through online bank transfer or PayNow. To learn more about PayNow, please click here.

Account Holder: ACE DRIVE PTE LTD

  • DBS Account No: 003-918921-4
    • Bank code: 7171
    • DBS Swift Code: DBSSSGSG
  • PayNow UEN#: 201004348K

Please note that all charges stated or displayed are before GST, unless stated otherwise. All hiring charges are subject to the prevailing GST rate.

Yes, we do. For the security deposit, we accept PayNow, bank transfer (highly preferred), and cheque (applicable for locals only).

The security deposit will be fully refundable after 7-14 working days (from return date), subject to traffic violations, summons, and unpaid penalties for mileage, time extensions, petrol, and damages to our vehicle, IF ANY.

The security deposit amount depends on your car choice. This information will be provided upon quotation.

Yes, we do. The car can be delivered or collected anywhere within Singapore provided that the reservation and credit card authorisation are processed in advance.

Insurance excess is the driver’s maximum insurance liability. This will only be chargeable for car accidents or damages. No charges will be imposed if no accident or damage occurred during the rental period.

The insurance excess depends on your car choice. This information will be provided upon quotation.

Yes, you can. Ace Drive provides a complimentary (free of charge) additional second-named driver provided that a valid driver licence is presented upon booking confirmation. All rental terms and conditions applicable to the primary car hirer will also apply to the additional second-named drivers.

Yes, we do. A nominal fee will be charged if in any case an external GPS/Navigation System is requested.

No, smoking is strictly prohibited in our vehicles. For such case, a penalty fee of $250 will be charged for vehicle detailing.

All our Japanese cars DO NOT have a mileage cap. However, the majority of our Luxury Cars have a reasonable mileage cap.

The purchase of extra mileage must be done before taking over the vehicle & any balance is non-refundable.

  • Excess Mileage Cap – 2% per km charge of the rental rate.
  • Additional Services (Add On):
    • 1.5% of the rental rate per km (pay per km use)
    • 1% of the rental rate for 10km per block

Hirers are held fully liable for any traffic or parking violations or breaking of any law governed by the authorities of Singapore.