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The Future of Car Sharing: A Singaporean Perspective

Exploring a Cost-Effective Alternative to Car Ownership

In bustling Singapore, owning a car comes with hefty expenses — approximately SGD 2,000 a month on average. This includes the costs of a car like the Toyota Altus, along with the Certificate of Entitlement (COE), insurance, parking fees, Electronic Road Pricing (ERP), road tax, maintenance, and fuel. Given these costs, many residents are asking: can car sharing serve as a more affordable and convenient alternative?