Toyota Corolla Sedan 1.8 S Hybrid (Min 1 Year PHV Rental)

REMARKS:

• VEHICLE TO BE RETURNED IN CLEAN & CONDITION AS PER COLLECTION AND RETURN FORM
• LATE PAYMENT CHARGE $50, LATE PAYMENT INTEREST 1.5% PER DAY, TOWING FEE PAYABLE BY HIRER. E-GIRO FAILED COLLECTION FEE $10
• FOR EARLY CONTRACT TERMINATION FULL CONTRACT RENTAL FEE PAYABLE BY HIRER
• BONUSES SHALL ONLY BE APPLICABLE IF NO OUTSTANDING PAYMENT(S) ARE DUE
• EV VEHICLES TO BE RETURNED WITH MINIMUM 50 % BATTERY LEVEL
• NOT ALLOWED TO DELETE OR REMOVE IN-CAR CAMERA FOOTAGE / NO TURNING OFF TRACTION CONTROL

Rates quoted are inclusive of the following:

• Certificate of Entitlement
• Road Tax
• Insurance coverage
• Servicing package
• Replacement of tyres and battery
• 24-hour roadside assistance
• Front and back dash camera

Rates quoted does not include the following:

• Vehicle delivery and collection service
• Tyre puncture
• Battery rescue

CONDITIONS OF LEASE

1. HIRE

1.1 The hiring of the Vehicle will commence on the date on which the Vehicle is delivered to or made available for collection by the Hirer or its authorised agents (‘the Commencement of Hire’)

1.2 The Owner will prepare a Vehicle Delivery and Acceptance Form for the Vehicle, which will specify the precise details of that Vehicle and include, in particular, the odometer reading on that Vehicle. If the Hirer finds that the odometer is not in working order after driving the Vehicle, the Hirer shall report the discrepancy to the Owner and the parties shall proceed in good faith to resolve the dispute. At the time of delivery or collection of the Vehicle, this Agreement and the Rental Agreement shall be signed by the Hirer or by a person authorized on its behalf, which signature shall constitute the Hirer’s acceptance of the relevant Vehicle.

1.3 When the Vehicle is returned upon the conclusion of the contractual lease tenure or termination of the contract in any other manner, the Owner will prepare a Vehicle Return Form, which will indicate any changes to the Vehicle in relation to its condition upon handover, and specify the deposit refundable less any rectification or any other fees, should these be applicable. If the Hirer returns the car with a different fuel level than when it was hired, any shortfall will be charged at market rates plus applicable service charges.

2. COMMENCEMENT OF HIRE

2.1 For short term rental, the Hirer will pay to the owner in advance the Rental stated in the Schedule. For long term PHV weekly rental, the Hirer will pay to the Owner as stated above. For long term personal rental, the Hirer will pay the Owner in advance on every last day of the month.

2.2 Time shall be of the essence in respect of the payment of all sums due hereunder and the Hirer shall be deemed to have repudiated this Agreement and the Rental Agreement if any Rental or other payments shall remain unpaid for more than 2 days for weekly payments and 5 days for monthly payment after becoming due. In such circumstances, the Owner is entitled to repossess the Vehicle from the Hirer and forfeit any deposit for the purposes of covering repossession, administrative and opportunity costs incurred. If all outstanding payments are still not made within 3 days from that point, the contract will be terminated, and the full contract sum will be payable to the Owner.

3. RENTALS

3.1 The Hirer is also required to pay to the Owner upon execution of this Agreement and the Rental Agreement a deposit amount as specified by the Owner in the Schedule. Without prejudice to any other rights or remedies of the Owner, the Owner shall be entitled to forfeit and/or retain any part of the deposit in the event the Hirer breaches, fails and or neglects to pay any sums or charges due and owing hereunder upon demand by the Owner.

3.2 The rates, fees, charges, terms and conditions under the Agreement are based on existing legislation and/or taxes in force at the date of the Agreement. In the event of any change in any such legislation and/or taxes, the Owner may at its sole discretion impose on the Hirer any resultant increase in the costs of renting the Vehicle to the Hirer

4. USE OF VEHICLE

4.1 Only the Hirer or any Authorised Drivers may use the Vehicle for the purposes of its business and for social, domestic and pleasure purposes. The Vehicle is not to be used, and the Hirer will not permit them to be used, for any purposes for which they are not expressly designed or to permit or cause to be done any matter or thing whereby the rights of the Owner in respect of the Vehicle are or may be prejudiced in any manner whatsoever. Further the Hirer will not use or permit the Vehicles to be used for hire, driving tuition, towing, racing, or pace making, or for competing in any rally or any other form of motor sport, or for any illegal purpose whatsoever or for the transportation of goods in violation of customs regulations or in any other illegal manner; by any person under the influence of alcohol and/or drugs. For the purpose of clause 4.1, Authorised Drivers refer to driver(s) additional to the Hirer who are approved by the Owner to operate the Vehicle during the Hire Period and whose names are entered overleaf.

4.2 The Vehicle is strictly for use in Singapore only unless otherwise authorised by the Owner in writing. If the Owner authorised the usage of the Vehicle in Malaysia, any incident that requires towing the costs will be fully bear by the Hirer. 

4.3 The Hirer agrees that it will not without the prior consent of the Owner effect any mechanical or other modifications to the Vehicle, make any alterations or additions, fit any towing equipment or other accessories or non-standard tyres, and any such additions alterations or modified parts which may be made (whether with or without consent) shall become part of the Vehicle and shall belong to the Owner;

• 4.31 Remove or interfere with any identification marks or plates affixed to the Vehicle nor attempt or purport to do so nor permit the same;
• 4.32 Deface the paintwork or bodywork of the Vehicle nor add or erect any painting, sign writing, lettering, or advertising to or on the Vehicle.
• 4.33 The Owner reserves the right to charge the Hirer for any increased maintenance costs due to modifications or alterations to the Vehicle. The Hirer may also be required to reinstate original equipment.

5. DUTIES OF THE HIRER

The Hirer shall during the continuance of this Agreement:

5.1 Not sell, assign, mortgage, let on hire or otherwise dispose of or part with possession or control of the Vehicle or charge the benefit of this Agreement or the Rental Agreement nor attempt or purport to do so. In the event that the Hirer losses possession or control of the Vehicle, the Hirer shall take all necessary steps at the Hirer’s own expense to retain and recover possession and control of the Vehicle;

5.2 Be solely responsible for all parking charges, traffic fines, ERP and toll fees and indemnify the Owner against all fines, penalties and liabilities imposed on the Owner or arising in respect of any non-compliance or contravention of any transport, traffic or other laws or regulations, together with any cost or expense relating thereto incurred by the Owner;

5.3 Not take or allow the Vehicle to be taken out of Singapore. If the Hirer wishes to drive the Vehicle into Malaysia, the Hirer must first receiving the prior written authority of the Owner and agreed to pay a Malaysia Entry Surcharge specified in the Schedule. In the event that the Hirer fails to obtain the Owner’s consent before the Vehicle enters into Malaysia, the Hirer will be penalized $1000.00. Hirer shall be fully liable for all losses and damages (including without any limitation to any first and third-party liabilities, damages or accident, fire and/or theft) occurring in Malaysia.

5.4 In respect of the condition and maintenance of the Vehicle be solely responsible for regularly checking and adjusting as necessary the radiator water and engine fluid levels during the interim period before the next servicing due; regularly cleaning the exterior, interior and upholstery of the Vehicle, promptly arrange with Owner for damage repair.

5.5 Adhere to regular servicing intervals mutually arranged at the Owner’s choice of workshop and keeping accurate records of servicing completed (Every 10,000km). The Hirer is fully responsible for any repairs necessitated, be it incidental or maintenance related, occurring at any point where routine servicing is overdue. A S$200 penalty plus the costs of any repairs will be issued to and borne by the Hirer if the Vehicle is returned with overdue servicing obligations, or if any scheduled servicing obligations are missed on a per-instance basis.

5.6 Adhere to regulatory Vehicle inspection requirements as advised by the Owner. A S$200 penalty plus any relevant government agencies fines will be issued to and borne by the Hirer if the Vehicle is not sent for inspection past the regulatory inspection due date.

5.7 No smoking is allowed in the car. A cleaning and sanitation fee ranging from $500 to $1,000 will apply if evidence of smoking is found. A cleaning fee of $25 to $500 will apply if the car is returned excessively dirty.

6. DUTIES OF OWNER

The Owner shall during the continuance of this Hire Agreement:

6.1 Insure the Vehicle under a standard motor Vehicle insurance policy in accordance with legislation governing the use of the Vehicle in Singapore covering the liability of the Hirer and the Authorised Driver(s) in respect of third party loss, damage, injury or death. The Hirer hereby agrees to be bound by the terms and conditions of the said policy, a copy of which shall be made available for inspection upon request by the Hirer.

6.2 Provide roadside assistance 24 hours a day in the case of the breakdown of the Vehicle within Singapore.

6.3 In the event a hired Vehicle becomes temporarily not roadworthy (other than as a result of accident, damage caused due to negligence, theft or vandalism) or is required to undergo mechanical repair, maintenance servicing or inspection by the Registry of Vehicles of Singapore resulting in unavailability for use for more than 3 days, rental rebates or a replacement car may be provided. Replacement car might not be the same brand/model as rented car, in the event a replacement car is unavailable, there will be a waiver of rental fee until the rented car is ready to be driven.

7. INSURANCE

7.1 In the event of an accident, the owner will file an insurance claim based on the facts known at the time of reporting and as deemed appropriate for the situation. The hirer will be responsible for all insurance excess as specified in the rental contract. If the insurance excess is not provided, the owner reserves the right to treat the case as early termination and enforce all associated contractual terms accordingly.

7.2 The Owner shall have the right itself to repair or have repaired any Vehicle which is the subject of an accident. If the Owner does not choose to do so the Hirer shall be liable to reinstate or repair at its own expense (but subject to any insurance proceeds) the Vehicle which have not become a total loss and shall continue to pay Rental in respect of such Vehicle during such reinstatement or repair.

7.3 If no Collision Damage Waiver (CDW) is opted for, The Hirer shall pay to the Owner the full amount of insurance excess as set out in the table below immediately upon the occurrence of any accident or incident involving the Vehicle:

7.4 If CDW is opted for, notwithstanding anything contained herein, the Owner shall have the right (but shall not be obliged) to terminate the Agreement immediately by giving written notice to the Driver if he is involved in two (2) or more accidents or incidents involving any Vehicle managed by the Owner, for which he is at fault (“At Fault Accident”). For avoidance of doubt, the Owner shall have the sole and absolute discretion to determine whether the Driver is at fault for each accident or incident. In the event that such Driver is granted permission to drive any Vehicles managed by the Owner, the own damage insurance excess and the 3rd party damage excess payable by such Driver shall be in accordance to the following table:

7.5 If the Hirer is deemed at fault, no replacement car will be issued. The Hirer must pay all non-waiverable excess according to the assessment, whether it covers only own damage or includes third-party damage, including in circumstances where the ability of the Owner to claim from the counterparty’s insurer is in question. In ambiguous cases, the Owner reserves the right to assume that third- party damage has been incurred unless evidence to the contrary is provided.

7.6 If the Hirer is deemed at fault, Rental stated in the Schedule remains applicable.

7.7 The excess payment is to be made immediately. Otherwise, the Owner reserves the right to end the contract, retain the security deposit, and apply the full contract fees.

7.8 All incidents resulting in damage to the Vehicle or a third party, regardless of significance, must be reported to the Owner. Any liabilities, including non-acceptance of private settlement(s) by the Owner’s appointed insurers due to late reporting, will be borne by the Hirer.

7.9 In the event of an insurance claim, the Hirer is obliged to pay all non-waiverable damages as specified in the contract, regardless of any obligations between the Owner and its appointed insurers.

7.10 If the Driver purchases CDW, windscreen damage is chargeable at SGD 100 per windscreen + cost of replacement PHV decal (as determined by Land Transport Authority) (each subject to GST). Otherwise, windscreen damage is chargeable at SGD 200 per windscreen + cost of replacement PHV decal (each subject to GST). capped to a maximum of one (1) windscreen incidents every 12 months.

7.11 For all insurance claims originating from an incident incurred outside of Singapore, the hirer will be required to furnish all excess upfront, regardless of fault assessment, and will be entitled to any applicable reimbursements thereafter.

8. TERMINATION

8.1 If the Hirer shall fail to pay any Rental or other sum payable under this Agreement (or under any other agreement between the Owner, any subsidiary of the Owner, any holding company of the Owner, or any other subsidiary of any such holding company and the Hirer) within 3 days of its becoming due (whether demanded or not) or shall commit a breach of the other terms and conditions whether express or implied of this Agreement (or of the terms and conditions of any such agreement as aforesaid) or shall do or allow to be done any act or thing which in the opinion of the Owner may jeopardise the Owner’s rights in the Vehicle or any part thereof, then in each and every such case the Hirer shall be deemed to have repudiated this Agreement and the Rental Agreement and the Owner may thereupon by notice in writing to the Hirer for all purposes forthwith terminate the leasing constituted by this Agreement and the Rental Agreement with immediate effect, reserving the right to repossess the Vehicle forthwith.

8.2 If any of the following events shall occur, namely:

• 8.21 if any distress, execution, or other legal process shall be levied on or against the Vehicle or any part thereof or against any premises where the same may be or against any of the Hirer’s goods or other property or the Hirer shall permit any judgment against it to remain unsatisfied for seven days; or
• 8.22 if the Hirer, being an individual, shall die or enter into a voluntary arrangement or suffer the making of a statutory demand or the presentation of a petition for a bankruptcy order; or
• 8.23 if the Hirer, being a body corporate, shall enter into any liquidation, shall call any meeting of its creditors or shall have a receiver or receiver manager of all or any of its undertaking or assets appointed, or shall be to be unable to pay its debts;
• 8.24 if the Hirer, following a repossession of the Vehicle by the Owner on the grounds of non-payment of Rental or other sums, fails to furnish the sums fully within three (3) calendar days;
• 8.25 then in each and every such case the hire constituted by this Agreement and Rental Agreement shall ipso facto and without notice terminate and no payment subsequently accepted by the Owner without knowledge of such termination shall in any way prejudice or affect the operation of this clause.

8.3 The Hirer shall upon any termination under clauses 8.1 or 8.2 above pay to the Owner:

• 8.31 all arrears of Rental then due and all other sums accrued due and unpaid at the date of termination; and
• 8.32 the cost of all repairs required as at the date of termination; and
• 8.33 compensation for the loss suffered by the Owner as a result of such termination, such loss being determined by the Owner having regard to all relevant circumstances; and
• 8.34 any other sums which are or become due to the Owner or to which the Owner is entitled by way of damages. The termination of the hire constituted by this Agreement and the Rental Agreement shall not affect any rights of the Owner or liabilities of the Hirer subsisting at the date of termination.
• 8.35 Forfeiture Of Deposit and remaining of rental fee in event of termination.

9. CONSTRUCTION

9.1 Where there are two or more parties to this Agreement and/or the Rental Agreement as Hirer their liability hereunder shall be joint and several. In this Agreement and the Rental Agreement, where the context so admits or requires the masculine gender shall include the feminine or neuter (and vice versa) and expressions in the singular shall include the plural.

9.2 If the Ownership of the Vehicle is transferred to another owner or company without a material change to the terms and conditions of the hiring agreement, the Hirer is obliged to continue the contract to its conclusion.

10. GOVERNING LAW

10.1 This Agreement shall be governed by and construed in accordance with the Laws of Singapore.

PHV Comprehensive coverage with excess of Section 1 $2500 Section 2 $2500