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Singaporeans become Uber drivers to get around high car prices http://www.todayonline.com/singapore/singaporeans-become-uber-drivers-get-around-high-car-prices
The 58-year-old retired policeman rents a car in Singapore, drives three to four hours a day for Uber Technologies to cover its cost, and has a shiny Honda Vezel the rest of the time for his personal use. Hiring a vehicle to work for Uber is becoming a more common sight in the Republic, where Mr Chiu’s SUV costs more than a BMW M3 luxury sports sedan does in New York.
Between 2014 — the year after Uber began operating in Singapore — and 2015, the number of rental cars in the country soared more than 50 per cent to 29,369, surpassing the number of taxis on the road, according to official data. Even so, the total vehicle population decreased by 1.5 per cent.
The 58-year-old retired policeman rents a car in Singapore, drives three to four hours a day for Uber Technologies to cover its cost, and has a shiny Honda Vezel the rest of the time for his personal use. Hiring a vehicle to work for Uber is becoming a more common sight in the Republic, where Mr Chiu’s SUV costs more than a BMW M3 luxury sports sedan does in New York.
Between 2014 — the year after Uber began operating in Singapore — and 2015, the number of rental cars in the country soared more than 50 per cent to 29,369, surpassing the number of taxis on the road, according to official data. Even so, the total vehicle population decreased by 1.5 per cent.