Commercial vehicles are a familiar sight on Singapore's roads. They play an essential role in various industries, from construction to logistics, as they transport goods and equipment from one location to another. But did you know that these vehicles are subject to several regulations and rules?
Here are three interesting facts about commercial vehicles in Singapore that you may not have known before.
Commercial Vehicles Are Required To Display Their Maximum Laden Weight
In Singapore, all commercial vehicles are required to display their maximum laden weight on the vehicle. This is to ensure that the vehicle does not exceed its weight limit when carrying goods or equipment. Overloading a vehicle can cause damage to the roads and bridges, which can be costly to repair. In addition, an overladen vehicle can also pose a safety risk to other road users.
Commercial Vehicles Are Subject To Mandatory Regular Inspections
All commercial vehicles in Singapore are subject to mandatory regular inspections. This is to ensure that the vehicle is roadworthy and safe to operate. The inspection includes checking the vehicle's brakes, lights, tyres, and other safety features. Vehicles that do not pass the inspection are not allowed to be on the road until they are repaired and pass the inspection.
Commercial Vehicle Leasing Is A Cost-effective Option For Businesses
Leasing a commercial vehicle is a cost-effective option for businesses in Singapore. It allows businesses to have access to the vehicles they need without having to purchase them outright. Leasing also means that businesses do not have to worry about the maintenance and repair costs of the vehicle, as those are typically covered by the leasing company.
Additionally, leasing allows businesses to have access to newer and more efficient vehicles, which can improve their operational efficiency. Leasing a commercial vehicle helps free up capital that would be used to purchase a vehicle, that can be used for business operations instead. There is also no need to worry about the paperwork and costs associated with COE, road tax and insurance when you lease a commercial vehicle. You can fully focus on your business while the team at Pan Pac takes care of all the vehicle-related documentation.
At Pan Pac, we serve a range of clients in different industries who lease commercial vehicles for their businesses. By partnering with Pan Pac, you can focus on the core operations of your business while leaving the vehicle paperwork and future maintenance to our professionals.
Since commercial vehicles play a vital role in Singapore's economy, it is crucial for businesses to be aware of the regulations and rules surrounding their use. By understanding the requirements and regulations, you can ensure that your business is operating within the limits and adhering to the rules. Leasing a commercial vehicle is a cost-effective option for businesses, and partnering with a reputable leasing company like Pan Pac can help you save money and improve the efficiency of your business.
