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Deepti Sri ยท ยท 1 min read

Carousell, Carzuno to offer car subscription service in Singapore

Photo credit: Carousell

Singapore-based online marketplace Carousell has partnered with Carzuno to launch Carousell Car Subscription in the city-state.

The partnership gives Carousell access to the vehicle subscription firmโ€™s fleet of over 50 car models.

Users can avail of a car subscription from the new service that lasts between one and 24 months. The subscription comes with insurance, servicing, and maintenance, among other features.

With Carousell Car Subscription, the recommerce firm aims to cater to young Singaporeans who are looking for cost-effective alternatives to car ownership amid rising certificate of entitlement premiums and living expenses.

See also: Carousell posts $49.5m in revenue in 2021 as growth slows

In 2019, Singapore-based automotive marketplace Carro launched its own subscription-based car service in the city-state. Called Leap, Carro offers both brand new and pre-owned cars for the service.

Editing by Miguel Cordon and Lorenzo Kyle Subido

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Deepti Sri