Is Car Sharing Really Cheaper Than Car Ownership In Singapore? | Talking Point | Full Episode

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CNA Insider

CNA Insider

Жыл бұрын

Want to enjoy the benefits of driving a car, but don’t want to deal with the costs of owning one? Car sharing is an option.
An entry-level car owner in Singapore will spend around S$2000 a month on their car, but car sharing might be an option for those who choose not to pay that price. With car sharing companies popping up every year between the spell of 2016 to 2021, this mode of transport is fast gaining traction, but is it worth the time and the money?
Steven Chia takes to the road, in different car sharing vehicles, for a single week to find out what role car sharing plays in our future.
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Пікірлер: 305
@jaylee2799
@jaylee2799 Жыл бұрын
cheaper, but when you suffer any damage, be prepared to get ripped off. In any case, go for public transport when you can, it's still the cheapest option.
@twiztid133
@twiztid133 Жыл бұрын
Yea i agree unless if you really need a car la. If just want to drive2 around no point.
@dirk-janterhorst803
@dirk-janterhorst803 9 ай бұрын
100%. Have you used Drive lah for that?@@twiztid133
@martinlee7102
@martinlee7102 Жыл бұрын
More residents are giving up their vehicles lately due to the high cost of COEs and ERPs. The high cost of private and commercial vehicles undoubtedly add up to the cost of doing business and living in Singapore. However, “sales of high-end cars soar but sink for general market“. Super-luxury car sales went up 13.1% (Lamborghini +111%) while the general market cars went down 12.7% at the end of 2018. This shows the common man in the street is unable to keep pace with the cost while the super rich has no problem at all. Even the small man, the motorcyclist is not spared - he has to pay $0.25 to enter Orchard Road ERP from Scotts Road at 4.15 pm.
@marinekong235
@marinekong235 Жыл бұрын
NOthing is ever about the small man - big man plays, small men slogs but don't worry you can still afford to pay, the powers that be won't bankrupt you just milks you slowly.
@marinekong235
@marinekong235 Жыл бұрын
@@Emsyaz like communism haha
@GeorgeLee56682
@GeorgeLee56682 Жыл бұрын
Singapore is for the rich only 😄.
@marinekong235
@marinekong235 Жыл бұрын
@@GeorgeLee56682 Not true - like all countries esp democracies, the poor is needed to vote the rich into power.
@bobdylan9117
@bobdylan9117 Жыл бұрын
Just buy a Lamborghini then. Let them eat cake!
@deeharper1364
@deeharper1364 Жыл бұрын
Note the driver who got into the accident refused to answer the question of how fast he was driving. lol. Have seen too many times of bluesg cars driving insanely because of the time limit and the excess time charge.
@sevenhenson3926
@sevenhenson3926 Жыл бұрын
its clear from the damage its not very fast
@DangNguyen-xx3zi
@DangNguyen-xx3zi Жыл бұрын
I'm a foreigner working in Singapore. I'm grateful how public transport is great here, but still it's not enough for me. I'm looking to get a motorcycle now, because I'm tired of commuting 1hr+ per day to work each way. I want to be able to travel to remote corners of Singapore on off days to relax and explore, but I'm tired of spending more time on the bus than time at my destination. I earn well enough for myself, but nowhere near enough to afford a car or justify one. It's just strange to me how wanting to get the cheapest personal transportation here is a luxury, and a point of social contention. If anything, I have to say that I took the freedom of mobility in my home country for granted, and here, being able to drive just yourself to any destination at any time is a luxury reserved for the rich.
@kamaruleffendi
@kamaruleffendi Жыл бұрын
how about cheap electric scooter? is it allowed to use it on pedestrian? i am from greater kuala lumpur by the way.
@DangNguyen-xx3zi
@DangNguyen-xx3zi Жыл бұрын
@@kamaruleffendi alright man, sit down first, because the rules regarding electric scooters in Singapore is a massive minefield There are two types of "electric scooters". First, we got PMDs (personal mobility devices), this includes electric kick scooters, hoverboards, segways etc. In technical terms, a device that can move SOLELY on an electric motor without any extra assistance. These are as good as useless in Singapore. The only paths they can ride on are dedicated cycling paths (which are not dedicated at all, they're basically a bigger pavement). These paths are disconnected and exist on maybe 1 out of 10 pavements. You can't even use them on the road, or pavements that are not marked as "cycling paths". Next we got the PABs (power assisted bicycles), bicycles with electric motors. They're speed locked to maximum 25kph, but can go on road. The rules though, is that it must be *power-assisted*, that means the electric motor only kicks in when you pedal. However you can't just pick one up and ride like a bicycle. They need to be registered just like a car or motorcycle, with a license plate; and to ride one, you have to be at least 16 years old and pass a theory test to get a PAB license. Electric motorcycles that can go above 25kph barely exist in Singapore at the moment. And yes they are considered full motorcycles, so you need a motorcycle license to ride one. Like I said I'm just a foreigner in SG, but if you ask my opinion, I'd say you can't convince me that SG isn't actively trying to make personal mobility as hard as possible. Idk, maybe they want to advertise an image of "the country where everyone take bus and we're all happy"
@kamaruleffendi
@kamaruleffendi Жыл бұрын
@@DangNguyen-xx3zi maybe you can pretend as a disable person and ride an electric wheel chair on pedestrian 😂
@joeraymond3486
@joeraymond3486 Жыл бұрын
​​@@DangNguyen-xx3zi but sg public transport do have it's flaws I'm from sg
@kingcoong
@kingcoong Жыл бұрын
Freedom of mobility is a two edge sword in population dense countries. While it's great to move around on your own, it's a nightmare if everyone are on their own car during rush hour.
@chengzhongyi5564
@chengzhongyi5564 Жыл бұрын
Regular Tribecar user here. Clarification on fuel policy - it is dependent on the type of car rented. Generally speaking, I will top-up sufficiently to avoid activating the low fuel warning indicator. For cleanliness, it is hit and miss. The Tribecars that I have rented are generally very clean both on the interior and exterior. Maxim: If you take care of the car like your own, others using it may feel compelled to do likewise.
@joeraymond3486
@joeraymond3486 Жыл бұрын
Lol if dirty also follow and make dirty what logic is it
@dirk-janterhorst803
@dirk-janterhorst803 9 ай бұрын
100% agreed. Why are you using Tribecar? Have you tried others as well?
@johnheng3277
@johnheng3277 Жыл бұрын
Singapore has the highest car rental users in percentage in the world is because Singapore car is the most costly in the world. I have used car rentals for several months and tried several companies including tribecar and bluesg. The savings by car rental over car ownership is really not worth it for me, even if the saving can be $1000. The biggest issue is that most of the time I need car at last minute and there is no rental car available. Second concern is the high insurance excess cost that makes me nervous when driving. And then there is the hassle of going to get the car with 10min walk to the car and then drive to my home to pick up my family members. So no more car rental for me. I'd rather use public transport and Grab/Taxi, or own a 2nd hand budget car.
@wui75
@wui75 Жыл бұрын
Yup, I am also put off by the excess charges in event of a car accident. It makes more sense to take Grab.
@worldpeace3294
@worldpeace3294 Жыл бұрын
It is not because SG car is the most expensive in the car, it is because our politicians are paid the world highest in the world. Even the 2nd highest pales.
@joeraymond3486
@joeraymond3486 Жыл бұрын
​@@worldpeace3294 your English from where learn lol
@wennnnn2307
@wennnnn2307 Жыл бұрын
It’s a good option for me since I have a small baby so taking grab is not an option (no baby car seat). It is always A pain to call Comfort and I do not really like to travel with my baby not in car seat. Plus there are tribe cars and get go just in my neighbour. The getgo car is literally in the car park next to my home😂.
@twgok3162
@twgok3162 3 ай бұрын
@@wennnnn2307I thought got grab family
@hangfry
@hangfry Жыл бұрын
11:30 "key not found" the alert in car sharing services it usually arises sometimes when the key is just a touch out of range (some share providers store the keys in a container in the glovebox), or if it is app controlled, the car sharing service converted the car to run from the app through bluetooth so practically no key required. If you get the car running, most of the time it's a non-issue.
@zepp3lin
@zepp3lin Жыл бұрын
Either that or the battery in the smart remote has already been depleted.
@HotRod16
@HotRod16 Жыл бұрын
Bro Steven, I would like to know more about your story with your lovely mint Mercedes classic. Just how tough or challenging is it keeping that classic Merc with COE and parts scarce in Singapore. Been eyeing your Merc since your first video.
@VEVOJavier
@VEVOJavier Жыл бұрын
This is the question we have all been asking!
@babarster
@babarster Жыл бұрын
Hi Steven, thanks for the super informative video as always!
@Steven.Chia.Singapore
@Steven.Chia.Singapore Жыл бұрын
hey guys...no story lah. Was my uncle's car and I took it over when it had 2 years left on the COE. Fell in love with her and we've stayed together since! Believe it or not, she's quite easy to maintain because everything is manual, there are hardly any electronics. So if one door lock is not working, just don't use that door! ha ha!
@HotRod16
@HotRod16 Жыл бұрын
@@Steven.Chia.Singapore hi Bro Steven. There a story though you say no story...haha. Thank you for reply. Indeed they are reliable! No power window, no ECU, no sensors then no problems..haha. Honestly I believe there are many classic lovers out there and your trusty Merc is worth to share to us. It is respectable that this machine still doing well with modern traffic today. Hope you can consider doing a video about introducing the car, the journey, the ups and down you faced and experiences of driving and ownership. Perhaps also invite other owners with over 20-30 years old cars in Singapore. I believe many would love to watch. Can be another good video.
@Steven.Chia.Singapore
@Steven.Chia.Singapore Жыл бұрын
@@HotRod16 have been meaning too. Thanks for the reminder. I've even written my script. Just haven't had the time to film it! Hopefully soon!
@elizabethtan2796
@elizabethtan2796 Жыл бұрын
What a good episode! Good Job Steven and production team
@zaubnino77
@zaubnino77 Жыл бұрын
Steven and his series have always been fun to watch! Car sharing is more economical, but need some luck with the booking and hoping previous users are responsible
@timng9104
@timng9104 Жыл бұрын
as usual, the video topics are very timely, i have been wondering for some time! thanks for the analysis! any chance a HDB topic? i need some analyst to tell me current HDB resale prices are reasonable :')
@justinzy5
@justinzy5 Жыл бұрын
If cheaper if you don’t get into any accident which is your fault or else the repair bill is crazy.
@jovenang7811
@jovenang7811 Жыл бұрын
I mean renting it once in a while for family outing is fine, but not practical on a daily basis. Not sustainable to our wallets.
@vincecarlo
@vincecarlo Жыл бұрын
Main issues Prohibiting Car Sharing - Cleanliness - Availability of car - Accessibility of car - Accident Excess Are Astronomical - Car Badly Maintained
@JennyDelaCruz02
@JennyDelaCruz02 6 ай бұрын
1. Legal and Regulatory Barriers: Car sharing faces various legal and regulatory barriers that restrict its growth and adoption. Many cities have strict rules and regulations that prohibit car sharing, making it difficult for car-sharing companies to operate. 2. Insurance and Liability Concerns: Insurance and liability concerns are major issues that prohibit car sharing. Car-sharing companies need to have comprehensive insurance policies to cover their customers in case of accidents or damages, which can be expensive and difficult to obtain. 3. Lack of Awareness and Trust: Many people are not aware of the benefits of car sharing and may not trust the concept. This lack of trust and awareness can make it difficult for car-sharing companies to attract customers. 4. Infrastructure and Technology: Car-sharing companies require a robust infrastructure and technology to operate efficiently. This includes the availability of parking spaces, charging stations, and access to the latest technology to manage bookings and payments. 5. Competition from Traditional Car Rental Companies: Traditional car rental companies are also competing with car-sharing companies, which can make it difficult for car-sharing companies to gain a foothold in the market. Traditional car rental companies have established brands and customer bases, making it difficult for new entrants to compete.
@feifei5036
@feifei5036 5 ай бұрын
Yup. any damage, is user responsible to pay, but they never maintain the car well. And don't caught into an accident!
@Tom-sg4iv
@Tom-sg4iv Жыл бұрын
It may be ok for the occasional use, but it’s too much trouble for daily use. And always get a rental car excess insurance.
@jkohero
@jkohero Жыл бұрын
Car sharing is make sense for me as a person who doesn't own a car only if these conditions are met. More than 3 destinations in one trip, the destination is inaccessible by public transport, ferry my 5 family members with kids can be more economical for short distance and just a few hours, and fun for driving occasionally.
@wazirtan6801
@wazirtan6801 Жыл бұрын
great video,but the sgblue car really scary,the most charging point returned is at the open space where down pour rain happens and user pluging in and out of the charging cable point at the times
@Chinix
@Chinix Жыл бұрын
Cna could you do a short/reel on the part about the high insurance excess? Thought it might be useful to share with my friends because they also use car sharing!
@dirk-janterhorst803
@dirk-janterhorst803 9 ай бұрын
on Drive lah, Singapore's only airbnb for cars, you can reduce excess to $0.
@sngjorge7713
@sngjorge7713 Жыл бұрын
Encountered the same problem as the dude. Used Tribecar and got into an accident (judgement error on my end). Paid abt $11k+ in excess and still never got a breakdown until now despite several chase. Made upfront payment on the excess the very next day and still received a lawyers letter from the third party several months later.
@zepp3lin
@zepp3lin Жыл бұрын
The reason it scares people got a friend who had a minor accident and needed some minor body work but the company charges him 4K for that. I told him what the heck! I repair my car for minor body work for only a few hundred.
@karthikvyas3479
@karthikvyas3479 Ай бұрын
Proper Journalism - entertaining, informative, and actually investigating issues that matter to the masses. Big fan of Steven & the Team; from Talking Point on YT to the Podcast - fantastic stuff!
@supersucka
@supersucka Жыл бұрын
I usually rent from shariot and check vehicle mileage. On peak I'll rent up to 7hrs for festivities. For errands up to 5hrs. Quick errands less than 2hrs but the best part is cheaper than ride hailing to and fro.
@krollpeter
@krollpeter Жыл бұрын
It is mostly attractive for people who would not buy a car, or drive very little anyway. The reasons are given in this video. I suspect this kind of car rentals INCREASE the road load, not decreases it, as what the planners want to think.
@nahscphilip
@nahscphilip Жыл бұрын
Owning a car in Singapore is very expensive (World number 1). This is because of our COE tendering system which favoured the rich only. To be fair to every Singaporean, Government Agency in charge should use or apply HDB, BTO bidding system for a flat in order to get a Certificate to buy a car. The number of car as set by the Government will not be increased which in line with Government policy. Besides, no one is accused of making money out of COE. Using HDB, BTO bidding system is very fair to every Singaporean who need to own a car.
@murthykadhirvelvignesh8356
@murthykadhirvelvignesh8356 Жыл бұрын
Totally agree with the verdict, if there is a car sharing station every 0.5 km in Singapore, i wouldn't need to own a car at all. Also waiting for the day when Get-go reaches the economy of scale to roll out A-B services.
@ranilabeyasinghe
@ranilabeyasinghe Жыл бұрын
Just use public transport for daily commutes. Use the car for road trips/special occasions. I find that to be economical for me.
@pyroxenez3704
@pyroxenez3704 Жыл бұрын
The Japanese warning sign is saying the car key cannot be detected. Which seems strange considering you need the key to enter the car and thereafter start the ignition...
@tayboonl
@tayboonl Жыл бұрын
As a driver on our roads for a decade, I am not sure the Prof's comparison is comparing apple-to-apple as he makes a LOT of assumptions there, I would not forget the various controls placed by the authorities which range from the COE, ERP which has already altered the way road drivers utilize the roads ; all in all, I would curious to read and study the findings. In any case, I did find this episode a good introduction to the topic and maybe a further follow up can be done in a couple of years ?
@forumics
@forumics Жыл бұрын
in most cases once you have an accident severe enough for the airbags to be deployed, usually the insurance will write off the car and you'll be compensated at open market value of the car. open market value would be decided by the insurance company and 11k is a small sum and a ton of savings already!
@willqin4628
@willqin4628 Жыл бұрын
So, just like most of the services, when it is doing what most use could expect to happen, like no collision, no damage, then the cost is lower. But the cost of damage, especially unintentional, is high and unpredictable.
@teobenedict1733
@teobenedict1733 Жыл бұрын
there are more & more car owners moving to car sharing due to the high coe and other costs. That's why it is usually very difficult to book a car in advance because it is first come first serve & these platforms has many members.
@kirie-8524
@kirie-8524 Жыл бұрын
I think when factoring the resale value of the car it could have dramatically brought the monthly cost of the car down, assuming at some point you no longer need it due to change in lifestyle or work location etc.
@krollpeter
@krollpeter Жыл бұрын
That. And also, if we think logically: Why should renting a car be cheaper as compared to owning a car? Those companies have similar cost to cover, plus the business overhead. It only costs less, if I drive very little. I do not need a car-expert to explain this to me. If I drive normal mileages it costs the same ... PLUS the inconveniences as explained in the video.
@kirie-8524
@kirie-8524 Жыл бұрын
@@krollpeter I guess its just to inform those who arent so money savy and may think renting a car is better without factoring in their long term financials.
@krollpeter
@krollpeter Жыл бұрын
​@@kirie-8524 It is undeniable that owning a car is a game of loss. But as we see here, renting cars is not any better for many cases. I do not need to be a financial artist to know that. And honestly, as for me personally, before I am going to use public transport then I'd rather ride with my scooter only, or with a bicycle.
@lzh4950
@lzh4950 11 ай бұрын
@@krollpeter The difference is more apparent I think if you own a car but use it less frequently e.g. due to hybrid work reducing the need to commute, since cars have not only variable but fixed costs too
@krollpeter
@krollpeter 11 ай бұрын
@@lzh4950 The by far biggest cost factor for me is the COE, and that is an artificially created cost factor to decrease the number of car owners. Anyway, my car is 24 years old. Once having the COE the other costs are not significant. I drive 5000 - 7000 km per year. It has 155000 km on the clock. What has not broken and lasted until now will probably not easily break. The value of my car is already 0 since long, no more loss from deprecation. Steven Chia might be able top tell you something similar with his Merc. It's the people, who want to have always the latest Beemer.
@marinekong235
@marinekong235 Жыл бұрын
How fast is that person going to rear end a BMW and caused so much damage to the rental car? Error messages from rental car in Japanese - well these are parallel imported cars not meant for export hence you get all these "scrap" cars from Japan to be "dumped" here.
@donaldneo4317
@donaldneo4317 Жыл бұрын
40km a day is not high, its about 2 to 3 tank of petrol per month and only 14600km/year. This is normal mileage when we are buying 2nd hand cars. I consider 10k/year is low, 15k/year is normal, 20k/year is high mileage when hunting for 2nd hand cars.
@DeStinAr0
@DeStinAr0 Жыл бұрын
This are the companies hiking up the COE… I hate getgo and other car sharing businesses, it’s not like their price are cheap. Last time $50 or even $45 u can rent a vios, now that pricing can only rent a bike I need a car to run my business, for small business like me , it affects my monthly cost alot… How am i even suppose to get another car after this current coe ends
@coronavirus5688
@coronavirus5688 Жыл бұрын
van loh
@mddanial7889
@mddanial7889 Жыл бұрын
I was interested to share a car .. but after seeing this docu, I changed my mind . Too much hassle. Just call a grab/taxi will safe all the trouble.
@jamesong8512
@jamesong8512 Жыл бұрын
Why is it when he explain about the different types of car sharing services, the background music sounds so scary?
@edenassos
@edenassos Жыл бұрын
11:22 Warning says "Key could not be found". Common thing in car sharing vehicles as they work on a different system/hacked to work via app.
@TheMandinotan
@TheMandinotan Жыл бұрын
Also, you look good with your oldschool mercs Steven!
@RilaQma
@RilaQma Жыл бұрын
I think no one “really” want to solve our traffic /commute problems. For example if really want less people drive . The best way may be that your children can only go to schools near home and you are banned to drive students to school. Many problems will solve ( like traffic near school zone) . Less people will need to drive. If orchard road has one lane only for buses . Then taking bus will be faster . Less people will drive into town. Some roads with planning I think can be done.
@nicstm
@nicstm Жыл бұрын
These car sharing companies exist for a profit. They can never be more economical for the same experience of owning a car. They are also hoarding COEs causing high car prices. End users just have to fork out more and more to use a car.
@erkinalp
@erkinalp Жыл бұрын
Singapore has a quota system for non-public vehicles. No further vehicles are allowed unless the old one is taken out of the traffic. Best to use public transport.
@dirk-janterhorst803
@dirk-janterhorst803 9 ай бұрын
Of course they can. Especially since the average kms driven per car in Singapore is 17500. A lot of people have a car and drive less than 10000 per year. With carsharing that number goes up and makes it more affordable.
@tartsandbrownies
@tartsandbrownies Жыл бұрын
Perhaps we could also consider the time factor for car-sharing vs car ownership. Having to take a 30 minutes bus ride to the car each way result in a 1 hour bus commute each day. Time is also spent on cleaning the car inferior and taking photos of the exterior damages. The low availability of cars also makes it tough for last minute plans. Car sharing may suit certain individuals but it is certainly not for me.
@wowokingxoxo
@wowokingxoxo Жыл бұрын
It will only make sense when 50% of the existing cars are on several competitive platforms (just like the Government funded competition in telcos and utilities) , which will produce a more efficient and fair system that evaluates insurance premiums according to driver's experience . Some tech and social credit system is necessary to detect smoking and anti social behaviours . And maybe a cultural shift like everyone should be wearing their personal white driving gloves. Not too difficult to change these habits when COE hits 200K.
@ethanf.6848
@ethanf.6848 Жыл бұрын
Car rental companies should simply instrument all-around cameras to ensure that incidents are traceable to source.
@JennyDelaCruz02
@JennyDelaCruz02 6 ай бұрын
Equipping rental cars with all-around cameras could potentially provide additional security and accountability for both the rental company and the renter. These cameras could help in determining the cause of any incidents or accidents, and could also act as a deterrent for potential misuse of the vehicle. However, it's important to consider privacy concerns and regulations related to the use of surveillance cameras. Additionally, the cost of installing and maintaining these cameras would need to be taken into account. Overall, implementing such measures would require careful consideration of privacy, cost, and potential benefits.
@springflower1336
@springflower1336 Жыл бұрын
Wow, truly an eye opener for me, and here where I'm from people buy cars like changing undies. Thank u for the vlog, I learned something today
@JennyDelaCruz02
@JennyDelaCruz02 6 ай бұрын
Yeah that's good for learning
@tightsocks
@tightsocks Жыл бұрын
The high insurance excessive cost and poor customer service is a deal-breaker. I was a happy car-sharer until there was a small dent found on the car and it took Tribe 2 weeks to notify me. Instead of "recommending me to their appointed workshop to fix it and/or seeking a second opinion if the repair costs are too high" (as stated on Q&A from their website); they charged me $400 for the dent, 2 days of down time ($150) and GST at 8%, which came up to a whooping almost $600. To be honest, for the small dent I could easily use a day or few hours, drive the car to a workshop and get it fixed with less than $600.
@joeraymond3486
@joeraymond3486 Жыл бұрын
Lol people still don't understand that these car sharing rental are like the gov wanting to suck you dry all the time lmfao 🤣
@dirk-janterhorst803
@dirk-janterhorst803 9 ай бұрын
That is always difficult for the company as well. At Drive lah you can opt for zero excess, so nothing will come out of pocket.
@BrandonSKW
@BrandonSKW Жыл бұрын
Tribecar safety deposit very troublesome to get refund even when you have never used their service.
@martinlee7102
@martinlee7102 Жыл бұрын
There is a full range of tax increases and new levies coming up in 2019 from diesel tax, carbon tax, Netflix tax, excise duties on tobacco, foreign maid’s levy, higher tuition fees for polytechnic and ITE students from 2019, etc.
@snorima
@snorima Жыл бұрын
I don’t think Steve Chia is the targeted customer for car sharing platforms like Getgo or Tribecar. Wrong sample size - residential area (perhaps some landed , private property area) not close to any major parking areas. Very bias reporting. These car sharing services usually target folks who don’t own a car, but needed to drive on a certain day to run errands or just have a lot going on that day. Maybe CNA shd have gotten someone who don’t have a car, but could drive and use this services.
@wennnnn2307
@wennnnn2307 Жыл бұрын
I just used Getgo today after watching this video. The main advantage for the car sharing services is that there is a car available next to my place. The cost is slightly higher than renting from private company for full day, but it is worth it since I have a one year old baby and traveling with a baby to a remote location is a pain.
@gracew5884
@gracew5884 Жыл бұрын
When you(Steve) live in a condo/land area, there is not much car sharing option around you. But if you live in an HDB, there are a lot of service providers available. Although car sharing has a lot of issue and need to improve, I prefer using car sharing service as I have less liability in terms of living cost.
@deeharper1364
@deeharper1364 Жыл бұрын
Yes. It's just a principle of supply and demand. There's simply a higher ratio of people living in HDB than land/condo area. We also know almost every land/condo will have their own private transport.
@dirk-janterhorst803
@dirk-janterhorst803 9 ай бұрын
@@deeharper1364 Drive lah also reaches those areas as any person can rent out their car when they don't use it themselves.
@feifei5036
@feifei5036 5 ай бұрын
once accident GetGo will charge u extremely excess fees, even assume is ur fault. They will just send u an invoice ask u to pay. less liability, might not !
@Callsign-Blade_RunnerSG
@Callsign-Blade_RunnerSG Жыл бұрын
Singapore should do away with the notion of making Cars only available for the Super rich. Given that Singapore has extremely low birth rates and it’s society is aging rapidly. Families with the Old and the very young should be given a chance or priority to own at least a basic family car at a lower cost. This will greatly improve their standard of living. No matter how convenient public transportations are, it’ll never beat owning a car at your disposal when the need arises for the family Men.
@slayergut
@slayergut Жыл бұрын
Considering that our roads are an extremely factor to our economy, think commercial vehicles sharing the same narrow roads. How do you propose this be done in a way that will not jam the road up more than it is now?
@xcre8ionx
@xcre8ionx Жыл бұрын
Singapore so convenient no need car.. mrt is conveniently connected to Malls. No traffic jam, no headache to find carpark. Even handicap in Singapore can move around freely better than in Malaysia without car they literally handicap cannot go anywhere..
@thestoner37
@thestoner37 Жыл бұрын
@@slayergut maybe instead of selling COEs to those who can afford it, COEs can be balloted for.. like NDP tickets to some extent...
@joeraymond3486
@joeraymond3486 Жыл бұрын
​@@thestoner37 lol coe is the money mine for the gov
@user-bg6is7pp1k
@user-bg6is7pp1k Жыл бұрын
Great article. Very eye-opening. However, perhaps you could have interviewed the insurance companies with regards to the policies that are taken up by the car sharing companies since they stated that the excess is determined by the policies (yet interestingly the sharing companies could lower the excess rate by 40% on their own). 11 thousand SGD for the accident? Was there even any coverage by insurance? Also, you could have spoken to the sharing companies about the maintenance of the vehicle. I wouldn't want to rear-end a BMW because my rental/sharing car's brakes weren't up to the task.
@dirk-janterhorst803
@dirk-janterhorst803 9 ай бұрын
you are absolutely right. the $11k example is just insane. That is a massive deterrent for people becoming car sharers. At Drive lah excess can be reduced to $0. That is real peace of mind. Also, if the damage is lower then you will only pay the actual costs. It seems that with the other players are charging the full amount of excess even if repair for the damage is much less.
@yourlovelyp_
@yourlovelyp_ 6 ай бұрын
👌
@nesnaj1730
@nesnaj1730 5 ай бұрын
Any comparison with taking taxi/gojek/grab daily? I am guessing it would be the cheapest option of all assuming to are getting from A to B and B to A everyday. Bonus for not having to spend time with parking and getting some rest while commuting.
@marinekong235
@marinekong235 Жыл бұрын
Car repairs after an accident - you will never get the breakdown as the car rental company, insurance company may be in cahoot with the workshops to have lump sump repairs - after all they all benefit at your expense, the customers.
@fifefafq
@fifefafq Жыл бұрын
Cons of car-sharing : Somebody doesnt want to admit of/pay for any damaged/dented part of the vehicle.
@user-sf5bt8eb4y
@user-sf5bt8eb4y Жыл бұрын
Even if there are savings, does the savings really outweigh all the extra hassle? For a small savings, you have to face uncertainty if you are able to book a car when you want it time spent travelling to and fro the rental car's location deal with potentially dirty, smelly, disgusting environment god forbid you get into an accident, any savings you think you might have would be wiped out 10-20 fold. If you really need the car on a ah-hoc basis, taxi/PHV is a much better option IMO
@chiny-h6445
@chiny-h6445 Жыл бұрын
It's hard to refund the security deposit from tribecar. They required you to fill out the physical form and send it to them by post. Ohhh, it takes 45 working days to process the refund😅
@superdoo9874
@superdoo9874 10 ай бұрын
if you're going to spend more than $1700 a month isnt it better to lease a car long term that way you dont have to worry about availability and associability
@meisinyeow4948
@meisinyeow4948 Жыл бұрын
GetGo’s cars are poorly maintained. I don’t believe they ever check and clean the cars, as claimed in thus documentary. Many users are inconsiderate and don’t take the trouble to top up fuel and water, or clean the interior after use. From used face masks to mud, scratches, dents, stench, it is overall, horrible. Yes, you would have to spend time wiping down the car, filling up the tank and checking the tires. Factor that into your rental time. Secondly, the connection to car app often does not work, and you would need to waste time getting customer service to intervene. Customer service also do not check inspection photos uploaded.
@youtuck123
@youtuck123 Жыл бұрын
No liability and many range to use. Blue sg advantage is able to park anywhere in sg Other car sharing disadvantage is when you took it is where you park it back. Price wise not a big burden to some as RT , insurance is all covered in package. Lastly DON'T INVOLVED IN ACCIDENT and please CHECK before starts engine at all times
@jonlim555
@jonlim555 Жыл бұрын
this doesnt take into consideration time spent to book and getting to/from the Shared Car, cleaning, risk of accidents and damage where liabilities are not in the favour of the user
@mkhlstrn8440
@mkhlstrn8440 Жыл бұрын
1.8K/mth spent. But at least you get to save a lot for emergency repair works & fuel.
@jjgal92
@jjgal92 Жыл бұрын
Pls also try out drivelah! I would like to try that next as it looks rather affordable for longer usage
@meisinyeow4948
@meisinyeow4948 Жыл бұрын
I have used Drivelah! And find that the cars are much cleaner and better maintained, which make them safer to drive. There are owners living near me who list their cars with Drivelah. But charges are by 24 hour blocks, so if you only need a car for a few hours, you may find the charges too high.
@jjgal92
@jjgal92 Жыл бұрын
@@meisinyeow4948 is it worth/easy in terms of payment, fuel etc? I had bad experience with another car sharing app so im quite cautious to try fearing if all add up its not worth or that if there is overcharges then hard to get rectification
@meisinyeow4948
@meisinyeow4948 Жыл бұрын
@@jjgal92 pretty straightforward. I am a careful driver, and I make it a point to clean up the interior, fill the tank and return the car in pristine condition.
@alanteo9904
@alanteo9904 Жыл бұрын
I just got in an accident last week when Get Go driver who doesn't have a driving licence bang the 2nd car and 2nd car bang on my car. The grey area is anyone who can book the car although the account belongs to him and his register driving licence belongs to his dad. Now on the road, we have already got a few cases using car sharing to practice or driving on the road. We got to self claim our own insurance due to 3rd driver no licence and insurance, which was informed by our insurance. It is unfair to those drivers on the road
@sevenhenson3926
@sevenhenson3926 Жыл бұрын
whats the logic when 3rd driver no licence or insurance no need to pay for damages he caused?
@alanteo9904
@alanteo9904 Жыл бұрын
@seven henson according to my insurance company the driver will be charged might go jail, he also can declare bankruptcy. Unless his parent willing to settle the payment if not highly chance got to self claim which will affected my NCD and insurance..
@sevenhenson3926
@sevenhenson3926 Жыл бұрын
@@alanteo9904 still begs the question as to y it becomes your burden. If he declares bankrupt then he should still owe the car company and its the company's loss to bear
@alanteo9904
@alanteo9904 Жыл бұрын
@seven henson not sure car sharing company will bear it or not. I only can do now is waiting for TP to call me.
@alanteo9904
@alanteo9904 Жыл бұрын
Now I won't be surprised that some people who are going for driving test using sharing car for practise on the road.
@OutsideYourBox
@OutsideYourBox Жыл бұрын
There are always people who dont know what to do with their money and there are people who dont have the money to do something. Internet is the best communication tool to bridge the gap.
@fuhrerpolizei86
@fuhrerpolizei86 Жыл бұрын
Steve u live near Telok Blangah Street 31??
@vandarkholme7759
@vandarkholme7759 Жыл бұрын
u stay block 80?
@DarrenLowable
@DarrenLowable Жыл бұрын
This academic is excellent
@leowzhilin
@leowzhilin Жыл бұрын
What's the diff between: 1) Walk 10mins to Rent Car VS. 2) Walk 10mins to MRT? Same what. Walk 10mins to rent car, drive, then still need find parking. End of day, u arrive maybe 10mins earlier than the guy who took MRT. Park already still need walk to destination. Might as well Grab. Sometimes no rental car available somemore. - Not Faster, (than Grab) - Not Convenient, (than Grab) - Not Cheaper. (than MRT) What is your selling point? I guess it's comfortable & private?
@beedeebee179
@beedeebee179 Жыл бұрын
I used to drive bluesg for about 3 years till I own my own car. The initial phase was good where there were less user, cars were generally clean, but when more people adopted car sharing, the car became so dirty. I have once experience having strong vomit smell in the vehicle, no aircon and there was no compensation. It gets so bad when you have to wait for couple of hour for car and the need to reach your destination within 45min for the parking lot you book. As I stay far from city center, reaching town within 45min comes with risk of me having to drive faster, else I could have missed the parking lot and have to find alternatives. This is a major problem where during the day time, most lots in the city center were fully occupied. There were also once, I walked 20min to pick up the car and it was not able to start, wasting lots of time, screwing up travel plan. So its not just about the amount saved, but the hassle you have go through.
@joeraymond3486
@joeraymond3486 Жыл бұрын
Might as well get a car either way you lose money no difference 😂😆
@beedeebee179
@beedeebee179 Жыл бұрын
@@joeraymond3486yea, ended up I got myself a car. If Singaporean can better take care of share service, I would have continue. Many user are selfish.
@RilaQma
@RilaQma Жыл бұрын
I sometimes need to clean rental car before use . I think people need to be educated 😂 still not there yet. Btw I use get go .
@joeraymond3486
@joeraymond3486 Жыл бұрын
bcos not their car so they fk care
@dirk-janterhorst803
@dirk-janterhorst803 9 ай бұрын
@@RilaQma that is where Drive lah is different. You rent the car from a real person, so most people ensure the car returned is clean. People take very good care of the car.
@MysteryNotes
@MysteryNotes Жыл бұрын
Wow the cleaner seems so knowledgeable
@shem44
@shem44 Жыл бұрын
Car sharing only good if you need to transport durian, pets, ikea trips or multiple destinations within a short period of time.
@russty7569
@russty7569 Жыл бұрын
There’s a saying “where everyone is responsible, no one is responsible”.
@marinekong235
@marinekong235 Жыл бұрын
no one is accountable - haha
@yourlovelyp_
@yourlovelyp_ 6 ай бұрын
I noticed as a local, car owners moving to car sharing due to the cost of COE and other expenses.
@MrIcegiant
@MrIcegiant Жыл бұрын
for new car sharing users out there just standby a huge amount of cash if accident happens, this kind of car sharing company tends to scam new drivers and suck blood to make profits from this ppl
@singampuli3308
@singampuli3308 Жыл бұрын
They shud have sentry type camera inside and out to monitor damages n cleanliness
@bowlampar
@bowlampar Жыл бұрын
If a person can afford to drive a car in Singapore, there is a high probability he won't worry about saving couple of hundred dollars in a month. If a person wants 'Cheap', he will go for public transportation, not for car ownership. 😂🤣
@redwings1974
@redwings1974 Жыл бұрын
Time spent cleaning the interior eats into rental time. This, have to be there 15mins earlier to wipe down, prior go driving at the rental time.
@jovenang7811
@jovenang7811 Жыл бұрын
Correct, that's why some of these operators are allowing users to unlock 10-15mins in advance to actual booking time
@chris_tahir
@chris_tahir Жыл бұрын
And remember, fetching the car is also another cost => time, which can be more expensive.
@tanbingxiang1054
@tanbingxiang1054 Жыл бұрын
I have an idea -> just take grab/gojek. If you like driving that much, then allow an option where the driver/owner of the car allows you to drive the moment they pick you up, but at a slightly higher fares and also you pay the premium if anything happen to the car. The system should be able to know if you have a license, for how long and you can be rated by the driver/owner on your car skills.
@calvinkoay1939
@calvinkoay1939 Жыл бұрын
Of course is cheaper than ownership - purchasing the car for yourself But for me one issue to share cars "Covid-19 pandemic still going on" If people are willing now to get rid of this fear of Covid, will NOT hear "Please wear a mask" before sharing the vehicle It is very uncomfortable to wear a mask with "hot, humid, smelly, sweaty" discomforts on face Get rid of Covid fear and obligations to wear a mask, then willingness to share vehicles will flow
@wanwall151
@wanwall151 Жыл бұрын
What I'm waiting for is more ad hoc motorcycle rental. The only reason why I deposited money into Tribecar is because of the motorcycle rental Hahahaha. For the most parts car rental is worth it ironically if you plan to travel when there is no more public transportation 🤣
@PsychedMedia
@PsychedMedia Жыл бұрын
BlueSG excess is a scam. In Malaysia the rental car companies excess charges only maxes out at RM3000 ringgit no matter how bad the accident is.
@RainerChan
@RainerChan Жыл бұрын
11:22 ... "key not found"
@PKPKPK1
@PKPKPK1 Жыл бұрын
man says there is something is wrong with the car he takes both hands off the wheel whilst driving haha. Also blue SG driver who smashed up the BMW, the guy basically admits he did something wrong. If I rent a house and smash it up, I pay for it. Same with cars!
@jun_suzuki42
@jun_suzuki42 Жыл бұрын
Singapore has world class public transportation compared to neighbouring country. Using car sharing is actually quite useful if you are travelling with friends or family or grocery/IKEA trip, otherwise it is wise to just take public transit. If you don’t mind the cost then I honestly suggest ride hailing service. With people who abuses the car sharing cars I really don’t want to risk myself getting involved in accident and I have to suck up all the excess liability due to the car condition (you won’t know the car exactly condition until you drive it).
@msallehuddinsoeb
@msallehuddinsoeb Жыл бұрын
Yes small island ma. Why need car?
@midknight
@midknight Жыл бұрын
Singapore has the only for-profit “Public transport” system
@joeraymond3486
@joeraymond3486 Жыл бұрын
Lol don't make me laugh sg public transport is a big joke MRT keep on breakdown
@lzh4950
@lzh4950 11 ай бұрын
@@msallehuddinsoeb Cars/other PMDs would be more useful in a minority of situations e.g. I saw some overseas delegates having to walk ~1/2h from Switzerland's embassy here to the nearest bus stop, while our local SPCA has been moved to Sg Tengah, almost 2km from the nearest bus stop & is thus struggling to attract volunteers
@dirk-janterhorst803
@dirk-janterhorst803 9 ай бұрын
at Drive lah you can reduce the excess to $0 for complete peace of mind. Have you tried? It is nice to drive around Singapore although public transport is great. Gives a whole different perspective and allows you to go to places where you would otherwise never go.
@marinekong235
@marinekong235 Жыл бұрын
Changi to Tuas is more than 30km each way - remember you can't drive straight haha. From Jewel to Tuas Checkpoint is 49.9km via PIE and 48.7km via ECP/AYE. If one "drives" only 20km a day - just take the bus, why bother with ride hailing and car sharing?
@darkholyshit
@darkholyshit Жыл бұрын
As someone that uses car sharing services, I'm sure 500 a month is insufficient
@gibbonholder3274
@gibbonholder3274 Жыл бұрын
Ras House Music 🎶 Laborie Beach ⛱️ St Lucia
@lawrencejayabalan3695
@lawrencejayabalan3695 Жыл бұрын
Getting to science park drive in the morning AYE oh better to drive my wife to work..and peak hour fetching her bk evening is booking car sharing worth it.But not not in daily basis.
@matthewlee7405
@matthewlee7405 Жыл бұрын
That car took 10 mins to clean cos it's new.
@midknight
@midknight Жыл бұрын
Paying $100K for a licence to own a car for 10 years makes no sense
@michaelsonang2320
@michaelsonang2320 Жыл бұрын
experience getgo car have the same smell even 2 months later. 🤔
@jarrodyuki7081
@jarrodyuki7081 Жыл бұрын
1. job i cant get until next year. 2. roommate you have to get yourself 3. chores ive listed all the chores and the ocmepsnation fro each 4. cirmccucmsion next month.
@Random.Adventures.
@Random.Adventures. 10 ай бұрын
it's easier to just use grab service
@yjjcoolcool
@yjjcoolcool Жыл бұрын
With the convenience of public transportation, I don't see why people would consider car sharing. You go through the extra hassle of having to book a car and time slot, deal with subscription fees, and potentially having a dirty car, only to have minimal savings compared to owning a car. Plus some of the cars like BlueSG only fit 2 passengers, which means families won't even consider car sharing. And on top of that - you need to park at a designated spot, and being a car, you still face traffic jams on the roads. At that point, just take public transportation - it's way cheaper and probably won't take much longer than driving.
@darknight741
@darknight741 Жыл бұрын
bluesg can definitely fit up to 4 passengers excluding driver
@Ziiqing
@Ziiqing Жыл бұрын
It’s cheaper considering if you’re driving to far locations during wee hours or a wet weather. $50 to take a cab vs $25 by driving by yourself. Furthermore, if you drive responsibly, you shouldn’t be worrying about accidents caused by yourself as the driver
@benchiaase
@benchiaase Жыл бұрын
If you need to go multiple places in a relatively short time, plus if those places are generally less accessible via public transport, then car sharing is a viable alternative.
@dsjc_
@dsjc_ Жыл бұрын
Some points you got it wrong, Bluesg can fit 4 people comfortably, there’s backseats but only 2 doors so you have to move the front seat forward. There’s a reason why people still use carsharing instead of public transportation even though ours is top class. It’s more convenient for people with mobility issues. Imagine your family needs to go to a family gathering, would it be viable to ask your ageing grandparents to take public transport ? So your only options are taking a private hire or use carsharing and with the ridiculous surge pricings on the platform apps nowadays, some people opt for carsharing instead. Other reasons is the freedom to drive and practice driving a car, hence most car sharing users are usually on the younger side with less experience.
@muhammadfairuzsamsi7209
@muhammadfairuzsamsi7209 Жыл бұрын
1. you're looking at it purely from a financial standpoint. car sharing does not replace car ownership. it does not even replace car leasing. it's literally pay-per-use. Pay only when you use it for the hours that you used it for. And only 1 car-sharing company comes with subscription fee. . 2. you're also looking at it from just a car vs public transport view. People who uses it, uses it for a variety of reasons, people with young kids, people with elderly, people who needs to run around doing errands, people who wants mobility and more. . 3. Bluesg car do fit 4 passengers, and it's convenient for point to point, you can't book Bluesg in advance, if a car is available, you can reserve and the system will hold it for 40mins. . 4. If you watched the video, the data indicated demand is increasing, so even though you may not find it viable, the market responds otherwise. Again, market segmentation, different people have different needs and different uses for the short-term usage of those shared cars. One may feel it doesn't makes any sense at all, but the market has spoken and service providers therefore comes in to serve that market. . 5. The extra hassle of having to book a car and a time slot with the convenience of getting a car so readily available for just a few hours of usage, with transparent prices near where you live is minor as compared to calling a leasing company, enquiring for cost and availability, paying a rental deposit and going over to the workshop or collection point, signing a waiver , with a minimum usage of 24 hours. Potentially getting a dirty car either way. . 6. This serves a need, a need where public transport doesn't fulfill the purpose/outcome the person have at the point of booking a shared car.
@stevechia7180
@stevechia7180 Жыл бұрын
Not a business model, car is personal and not meant to be shared. Explained by the COO, how to maintain cleanliness from one user to another user! I would never use such services. Car rental is different model from this car sharing model.
@abujamunafik7941
@abujamunafik7941 5 ай бұрын
at first hearing "across the globe" does sound surprising, but take as step back and think duh because singapore owning car is expensive compared to other places
@owenchuarbx
@owenchuarbx 2 ай бұрын
Cheaper if you only use car sharing ad-hoc as either if you need to carry something heavy from one place to another.
@nulnoh219
@nulnoh219 Жыл бұрын
My man live in a too high SES neighborhood. Not part of the target demo. LMAO
@franzchong5889
@franzchong5889 Жыл бұрын
all well and good but what if one is in a situation where public transport doesn't work and they need their own car.sharing cars in a household is not an option and then what if the parents cars are embarrassing and your kids won't be caught dead in them.
@relaxingmusicbutterflycinema
@relaxingmusicbutterflycinema Жыл бұрын
Wow. That’s a lot of requirements 😅
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