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Cheapest Car Rental For Chinese New Year 2023

Cheapest Car Rental Packages in 5, 6, 7 & 10 Days This CNY 2023

profileMing Feng

As well-connected as Singapore’s public transport system is, there are probably times when you realise that nothing beats the convenience of having a car.

Sure you can rely on ride-hailing services or taxis.

But try getting one when it’s raining, or during the holiday season.

Especially during Chinese New Year, when you have to shuttle your parents, your kids (maybe even a screaming baby), as well as a cousin or two to 12 different relatives’ houses scattered all over Singapore.

And you realise that you can’t fit everyone into one Grab car.

Source: Giphy

The easiest solution to all of this?

Cheap car rental.

This is one of the most cost-effective ways to transport your family or a group of friends around for the holidays.

Here’s a complete guide to cheap car rental options and everything else you need to know.


TL;DR: Which Cheap Car Rental Is Best For Chinese New Year?

The first day of Chinese New Year (CNY) falls on 22 January 2023 and it’ll be a weekend (yay to public holidays!)

If you just want to use it for the first day of Chinese New Year — when the bulk of visiting happens — you’re probably better off with a car-sharing service.

For that, you can avoid signup or membership fees to keep your cost low.

But if you plan on renting it for five to 10 days, these are your cheapest options!

Click here to jump:

Note: Prices quoted are estimates and will vary after including other additional fees and GST.


Where Is the Cheapest Place to Book a Rental Car?

Given our kiasu nature, it’s only natural that we want to get our cars from the best car rental company possible.

Why?

Because this means that you’re assured of:

  • the best possible price (read: cheapest)
  • the quality of service
  • the quality of the cars available for rent (read: won’t breakdown after driving it out of the lot)
  • no hidden or sneaky fees

I can’t say which is best because I haven’t tried them all.

But what I do know is for car rental there are two options: car rental companies (international & local) and car-sharing rental companies.

International Car Rental Companies

If you’ve ever gone on a self-driven tour in Australia, Europe, or the USA, then you’d be familiar with brand names like:

  • AVIS
  • Hertz
  • Sixt

These reputable names mean that you can be assured that their service and the cars they provide are of a certain quality.

But they are probably the most expensive option available too.

However, if you’ve used their services before, you’ll know exactly what to expect.

The prices at Singapore car rental companies are usually cheaper than the international brand names.

And they probably have the widest selection of cars available, combined.

There are way too many local car rental companies to list, but some of the bigger ones include:

  • Asia Express
  • Cycle & Carriage Leasing
  • ETHOZ
  • Goldbell
  • Motorway Car Rentals
  • Smart Car Rental

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Car Rental During Chinese New Year 2023

Is It Cheaper to Rent a Car for a Week?

I know what you’re thinking, “Why can’t I rent a car for one day or less than three days?”

Source: Giphy

Well, you can probably do so on a regular day.

But you’d still have to sign some kind of package that requires you to rent the vehicle for much longer than just a few hours.

Also, since you’re renting your car during a holiday period like Chinese New Year.

You’ll notice that the majority of car rental companies offer minimally a 5-day or 7-day package.

And this is because they all have different dates on which they’ll be away for the Chinese New Year period.

For 2023, these are the dates to keep in mind:

  • 21 January 2023 (Saturday): Chinese New Year’s Eve
  • 22 January 2023 (Sunday): Chinese New Year
  • 23 January 2023 (Monday): Chinese New Year (2nd Day)

And because you’re renting a car during this Chinese New Year period, here’s a look at how much it will cost you:

No. of daysCompanyCar TypePriceMust Cover Period
5 daysEthozSedanFrom $58820 - 23 Jan 2023
Mid-sized SedanFrom $888
MPVFrom $888
SUVFrom $1,088
GoldbellSedan (Hyundai Avante, Mazda 6, Toyota Camry)$838 - $98820 - 25 Jan 2023
SUV (Toyota Harrier)$1,208
MPV (Toyota Alphardm Toyota Lexus NX 200)$1,588
Continental (BMW 2 Series, Mercedes C180, BMW 5 Series, Audi Q5)$1,288 - $1,428
Motorway Car RentalsMPV (Ssangyong Stavic / ’22,BMW 528i ’13 / BMW X3 ‘13-'14 / Audi Q3 ‘14)$1,388 - $1,41820 - 25 Jan 2023
6 daysGoldbellSedan (Hyundai Avante, Mazda 6, Toyota Camry)$988 - $1,17620 - 26 Jan 2023
SUV (Toyota Harrier)$1,428
MPV (Toyota Alphardm Toyota Lexus NX 200)$1,888
Continental (BMW 2 Series, Mercedes C180, BMW 5 Series, Audi Q5)$1,508 - $1,618
7 daysSmart Car RentalSedan$1,088 - $1,68820 - 27 Jan 2023
MPV$988
Motorway Car RentalsMPV (Ssangyong Stavic ’22)$1,808
GoldbellSedan (Hyundai Avante, Mazda 6, Toyota Camry)$1,131 - $1,358
SUV (Toyota Harrier)$1,638
MPV (Toyota Alphard, Toyota Lexus NX 200)$2,188
Continental (BMW 2 Series, Mercedes C180, BMW 5 Series, Audi Q5)$1,678 - $1,788
10 daysSmart Car RentalSedans$1,128 - $1,35820 - 30 Jan 2023
MPV$1,888

So if your car rental period falls within the rental company’s CNY surcharge period, you can expect to pay a little bit more than usual (think: Grab surge prices when demand is high).

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Price of Car Rental Per Day

Say you really only want to rent a car for one to two days because car-sharing means you would need to find and wait for an available, you can consider renting on a daily basis.

Do note that besides the price you need to fork out to rent, there might be additional charges too:

  • Personal accident insurance
  • Insurance excess
  • Additional named driver
  • GPS

Don’t forget that you would have to top-up petrol as and when required too.

With all that’s said, these are some notable names for daily car rental:

CompanyCar TypeModelPrice per day
SGRentACarSedanMitsubishi Lancer 1.6A GLX Sports$70
Toyota Corolla Altis 1.6A$75
Toyota Camry 2.0A$100
MPVToyota Wish 1.8A$120
Asia ExpressSedan/HatchbackToyota Altis
Toyota Axio
Mazda 3 Skyactiv 1.6L
$70
Toyota Prius Hybrid
Honda Vezel Hybrid
Toyota CHR Hybrid
Honda Shuttle Hybrid
$75
MPVHonda Freed Hybrid
Toyota Wish 1.8L
$80
Premier Rent a CarSedan/HatchbackMitsubishi Attrage
$70
Hyundai Avante
Mazda 3
Toyota Corolla Altis 1.6 litre
Kia Cerato K3 1.6 litre
$90
Toyota Camry 2.0 litre
Nissan Teana 2.0 litre
Mazda 6, 2.0 litre
$120
Mazda CX-5
Toyota Harrier
$150
MPVonda Odyssey, Toyota Wish, Mazda 5 or similar$150
SUVHonda CRV, Nissan X-Trail, or similar$150
ContinentalMercedes E220, BMW 3 series, Lexus ES250 or similar$250
My CarriageSedan/HatchbackMitsubishi Space Star
Mitsubishi Attrage
$80
Kia Cerato
Toyota Corolla Altis
$900
SUVKia Stonic$90
Kia Niro Hybrid$100
Kia Seltos$140
MPVToyota Sienta Hybrid$110
Citroen Grand C4 Spacetourer$150
Continental CoupeMercedes-Benz CLA180 Coupe$190
Continental SedanMercedes-Benz A180 Saloon
Mercedes-Benz C160
Mercedes-Benz E200
Tesla Model 3
$170 - $320
Continental SUVMercedes-Benz GLC200$270

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BlueSG, Car Club, Car Lite, Shariot, Tribecar & WhizzCar

Now, let’s look at car-sharing companies.

If you intend to rent a car for a short period of time, then maybe car sharing is a better alternative to traditional car rental companies.

Instead of being tied down by a week or month-long contract, car-sharing allows you to rent a car for shorter, more flexible periods.

Here are your options:

Read more:

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Are You Going to Rent a Car?

Well, not everyone has a driver’s license and it doesn’t hurt to take public transport as it’s very efficient.

But, taking a cab, Gojek, or Grab during the CNY means there might be surcharges too, and the benefits of renting a car would mean convenience throughout!

Share your thoughts and experiences with us on Seedly!

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About Ming Feng
A stint in Bloomberg gifted me with a beer belly, which only grew larger when I moved on to become a Professional Trader. Now I turn caffeine into digestible finance-related content.
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