Rise in Car-Sharing Services in Singapore Amid High Car Ownership Costs

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Rise in Car-Sharing Services in Singapore Amid High Car Ownership Costs
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With car ownership becoming increasingly unaffordable in Singapore, more people are turning to car-sharing services to meet their transportation needs. The popularity of car-sharing has been on the rise, and industry experts predict this trend to continue. However, with the increase in complaints against car-sharing companies, there is a need for better consumer protection measures.

Amid rise in complaints against car-sharing companies, how can consumers be better protected? With Certificate of Entitlement (COE) prices reaching new record highs in 2023, car ownership seems to be slipping further and further out of reach for the average Singapore an. As such, more Singapore ans are now turning to car-sharing services like GetGo, Tribecar, Car Lite and BlueSG to solve their personal transportation needs.

With Certificate of Entitlement (COE) prices reaching new record highs in 2023, car ownership seems to be slipping further and further out of reach for the average Singaporean. As such, more Singaporeans are now turning to car-sharing services like GetGo, Tribecar, Car Lite and BlueSG to solve their personal transportation needs. Car-sharing, while already a popular service before, has seen a surge in recent years. Industry watchers and car-sharing operators alike expect this growth to continue. GetGo, for example, launched here in February 2021 with 400 vehicles. It now has more than 2,500 cars and is targeting a fleet of 10,000 by 203

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