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Saturday, March 30, 2013

Consumers car rental scheme possible

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http://news.xin.msn.com/en/singapore/consumers-to-gain-if-private-car-rental-scheme-liberalised-gpc-1#scpshrtu

The Government Parliamentary Committee (GPC) for Transport has welcomed the possibility of liberalising the Private Car Rental Scheme, saying consumers will benefit from more competition.

But it also suggested that authorities carefully watch the impact on road congestion if private car rental is liberalised during peak periods.

A more relaxed scheme also means additional opportunities for car owners to get some money back from the high cost of vehicle ownership in Singapore.

Under current rules, private cars can only be rented out around the weekends and public holidays.

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