Owning a car is not exactly the most affordable endeavour even if you're not living in Singapore, and public transport can be a hassle. So that is why for some of us, renting a car may be a more viable option, especially for the short-term.
Fortunately for residents in the US and UK, Turo may have a solution to simplify the car rental process.
Utilising the sharing economy model, Turo behaves in a pretty much the same way as Airbnb does for rooms.
Acting as a middleman, Turo provides a platform in which car-owners can rent out their cars and potential customers can choose from a wide range of selections, including luxury models like Porsche and Maserati.
Not a bad way to earn money through your car other than using it to drive for Uber or Grab.
Mr Cedric Mathieu, Turo's Director of Canada, told Travelweek that the main reason to use their service are price, selection and convenience. He estimates the cost is 35 per cent cheaper than other rental services.
"Plus, the owner will drop the car off at the airport or your hotel, teach you about the car, and even offer local tips," he added.
Mathieu thinks that the main challenge his company faces now is changing people’s behavior and getting them used to driving someone else’s car, or lending out their own.
“There is a little bit of psychological fear there with people that haven’t used the service, but it’s becoming more and more normal, and more mainstream, which we expect will continue,” Mathieu told Travelweek.
Unfortunately, Singaporeans who are interested in Turo will have to wait for the app to launch here in Singapore, and that might not be anytime soon.