Demand for private car rental rising, but conditions apply
More people are renting out their cars and the practice could become even more popular as the Government looks into liberalising its Private Car Rental Scheme.
The scheme, which began in 1996, allows owners to let others use their cars for a fee. Details of potential liberalisation measures are not yet known.
Currently, the scheme allows for the renting of cars only on weekends and public holidays.
Still, numbers continue to rise.
Background story
Different ways of sharing a ride
Peer-to-peer car rental
A scheme in which privately owned vehicles are put up for rent on weekends. Owners are free to determine their own rates, which can be on a daily or hourly basis.
Car-sharing clubs
A rental service in which users usually pay a monthly membership fee, on top of paying for hourly or daily use. Users have access to a fleet of cars at multiple locations around the island, and are expected to return the vehicle to a designated pick-up point for the next user.
Car pooling
An option in which several people travel in one car. Payment is often negotiable between drivers and passengers, who may be charged on a per-trip basis.
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