Car Rental vs Car Sharing – Which is Better?
In Singapore, driving is one of the most expensive things you can do. Owning a car comes with its perks, but is it worth it to pay more than $100 a month just to maintain your car in good shape? Most of you would disagree, especially when the public transportation is really great in this part of the world. However, there are situations when you really need a car to get by easier and on time. In this case, you can either rent a car or try car sharing. Now, this may leave you wondering which option is more suitable for you?
Well, mobility is very important to anyone and there are multiple options of transportation to choose from depending on your lifestyle, preferences, and budget. Car sharing is a new concept that has gained worldwide popularity in the past few years. Renting a car, on the other hand, has been around for quite some time now and it is also among the best choices if you are looking for comfort, rapidity and more freedom.
While these two options may seem very similar, there are several differences between them, which means you have to check the pros and cons of each of the two and decide which one is better for you. So, let’s dig a bit deeper into both these options and see what they are all about and which one is more suitable for you.
Car rental has been around for many years and it has taken various shapes. It is definitely an older concept than car sharing. So, what are the main characteristics of car rental?
- You have to book it in advance
- You can choose to book it for a day, week, months or even a year
- The service is usually available between office hours
- There is one location where you pick up your car
- The fleet is usually made of a comprehensive selection with diverse models, from business to sport or regular
If you are looking to rent a car in Singapore, you can book your car online or use mobile apps. The advantage is you can book it for multiple days and use it as it was yours. The disadvantage is you have to register at the rental company’s office and fill some legal paperwork before you can take the car home. You will collect the car from the company’s office and return it there after the contract expires.
When you rent a car, you usually get to choose a model from the company’s offerings. And, the great news is the cars are serviced every time a client returns them.
Also, when you choose to go with car rental you don’t have to bear any major costs often associated with owning a car like car insurance, road tax, and maintenance costs. You just have to fill it up with fuel and drive to your desired location.
The cost of a rental depends on the company’s offer, the period you are renting the car for, the car type, etc. You can save more if you are renting over a longer period of time.
Car sharing is different than car rental and it addresses another group of target people:
- You can book it in advance but can also get it on last-minute calls
- The service is available 24/7
- The cars that are part of this service are usually distributed at multiple locations, near offices or homes
- The fleet is mostly made of regular models
If you are looking for a way to get around in town or need a car to complete some daily chores, car sharing is a good option for you. The cars can be booked by hour or by day. Also, a great advantage is you can book it last-minute so that it’s there when you need it. Plus, you don’t have to go all the way to the company’s office to take your car as you can pick it up and return it by yourself. You need a membership card or your phone to unlock your chosen vehicle and can find the keys inside!
Another advantage is the location of the vehicles – you can find them all over Singapore in the accessible places, near office buildings or homes. Depending on the service provider, you can choose from a standard fleet or from a more diversified one.
Car sharing is usually dedicated to citizens who need to get around in the urban environment fast and easy to complete daily tasks. Members are obligated to take care of the cars and leave them clean every time they finish a trip.
With car sharing, you shouldn’t worry about extra taxes, such as car insurance or road taxes, as you just need to fill it up with fuel after you are done using it.
The cost of car sharing depends on multiple factors, just as with the car rental. Depending on for how long you need the car and what type of car you choose, you will pay a certain price.
Which One Is Better For You?
When choosing between car rental and car sharing, keep your priorities in mind.
Car sharing is perfect for short trips inside or outside the city when you have to make multiple stops or cover more chores. Car sharing is also recommended for last-minute needs or for people who are not driving every day. Car sharing offers flexibility for day to day chores, meetings or emergencies. Also, if you drive less than 9,700 km per year, you should choose car sharing.
Car rental is recommended if you want to take a longer trip but don’t own a car or if you need a car for more than 24h. Also, you can go with car rental if you want to try a car model to see how it performs.
Both these options are very good alternatives to owning a car. Choosing one of these two depends on your needs for the most part and you’d be better off making a choice according to your personal priorities.