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Small rental car owner says he’s ‘making bank’ as high COE prices push Singaporeans to rent

Summary by The Independent
SINGAPORE: A small car rental business owner is “making bank” renting out his four cars daily. He said all his vehicles are fully paid in cash, so there are no loans to pay for either. “My cars are fully booked every time. Covers the cost and makes me a profit,” he said. When asked how […]
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The Independent broke the news in Singapore on Tuesday, February 3, 2026.
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