S1E13: Get into an 'Airbnb' for cars

The Straits Times Podcasts

This car-sharing service managed to convince the government to allow them to match private car owners to hirers.

Synopsis: The Straits Times offers expert insights if you are in the market for a new vehicle or are tracking transportation trends.

Car-sharing causes traffic congestion because the cars are more heavily used; the cars tend to be abused by the hirers; and in the event of an accident, the insurance excess to pay will be stratospheric - beliefs that Mr Dirk-Jan Ter Horst disagrees with.

The Dutch co-founder of peer-to-peer car sharing platform Drive lah, which has been matching private car owners to hirers since 2019, speaks with host Lee Nian Tjoe to make sense of it all.

Highlights (click/tap above):

4:02 Using data to convince the Land Transport Authority that peer-to-peer car-sharing works.

13:20 The secret ingredient to running a “two-sided marketplace”.

22:59 Driving a rental car into Malaysia

25:50 Why a resident in Marine Parade hires a car in Jurong.

35:01 Being a good host

43:14 The goal is to make cars accessible to the public.

Produced by: Lee Nian Tjoe ([e-mail]), Ernest Luis and Teo Tong Kai

Edited by: Teo Tong Kai

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Chapters

1. Get into an 'Airbnb' for cars (00:00:00)

2. Using data to trial P2P car sharing with LTA (00:04:10)

3. The secret to a “two-sided marketplace". (00:13:20)

4. Driving a rental car into Malaysia (00:22:59)

5. Staying in Marine Parade and renting in Jurong (00:25:50)

6. Being a good host (00:35:20)

7. The goal is to make cars more accessible (00:43:20)