Car rental in Singapore is a fast-growing industry, with revenue totalling US$107 million in 2020 and expected to almost double to US$200 million by 2024. Many Singaporeans are becoming aware of the advantages of car rental over other modes of transport. While car rental is becoming increasingly popular among Singaporean consumers, there are still many misconceptions that prevent some people from making the switch.
Car rental has many benefits as compared to car ownership, which are generally not as well-known due to these misconceptions. In this article, we will cover 5 common myths about car rental in Singapore, and dispel them one by one to show why car rental is the preferred choice among a growing number of Singaporeans.