<article>Southeast Asian automotive marketplace <a href="https://www.dealstreetasia.com/?s=carro">Carro</a> is launching a subscription-based car service in Singapore.</article>

Southeast Asian automotive marketplace <a href="https://www.dealstreetasia.com/?s=carro">Carro</a> is launching a subscription-based car service in Singapore.
The move targets customers who are increasingly disinclined towards car ownership due to the availability of ride-sharing services such as Grab and GOJEK.
According to a statement, subscribers will pay a flat monthly fee covering all the costs associated with car ownership such as insurance, road tax, warranty, 24-hour assistance, and maintenance costs.
Carro is offering three plans &#8211; Daily, Roomy and Fancy &#8211; which vary according to vehicle size and brand. Subscribers may upgrade their car without the hassle of selling it or waiting for the full duration of ten years to purchase a new one.
“A typical person takes nearly six years to pay off their car loan, two thirds of them even trade in their vehicle before they&#8217;ve paid it off, picking up yet another loan. Car ownership in Singapore has reached an inflection point and this offering is going to revolutionise car ownership in the country,&#8221; said Carro founder and CEO Aaron Tan.
Carro&#8217;s subscription prices range from $885 to $1475 (S$1,199 to S$1,999) a month.
According to Carro, the company transacted over $500 million worth of cars across Singapore, Thailand and Indonesia in 2018.
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The move targets customers increasingly disinclined towards car ownership due to the availability of ride-sharing services like Grab and GOJEK. 

Carro launches subscription-based car service in Singapore

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Carro launches subscription-based car service in Singapore

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