Saving & Spending
Car Rental vs Car Sharing vs GrabCar — Which Is The Most Cost-Effective?
By ValueChampion  •  January 26, 2023
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
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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