With the prices of COEs set to continue their upward trend, and relief only coming in the second half of the year (if at all), car ownership will only become even more expensive.
Given the high inflation rate and threat of a global recession, now is a good time to ask yourself if you really need to own a private vehicle. Sure, it’s convenient when you need a ride, but the rest of the time, a car is simply a drain on your finances.
Besides, there are many viable alternatives for when you need a car, from car sharing, to car rental, to GrabCar. Let’s take a look at which of these three are the most cost-effective.
Car Sharing vs Car Rental vs GrabCar
Source: Pexels
We’re attempting to compare car sharing, car rental and GrabCar, but one of these is not like the others.
GrabCar, as you already