‘No more stressing about looming payments or interest’: Man ecstatic after giving up his car in SG
His car was spending more time parked than on the road, and he eventually decided the money could be better spent elsewhere. This article ( ‘No more stressing about looming payments or interest’: Man ecstatic after giving up his car in SG ) first appeared on The Independent Singapore News .
In 2026, Singapore reported a decrease in the number of privately owned cars, dropping from 524,312 in the previous year to 516,237, a decline of 8,075 vehicles. One individual who made the decision to forgo car ownership shared their sentiment on social media. According to a post on Reddit's r/askSg forum, the man expressed his joy upon finally becoming debt-free, stating it was a liberating experience.
He had owned the car for 12 months before realizing it was not being used sufficiently to justify the expenses. The man's occasional work through Lalamove only covered the cost of petrol. With this change, he could now make decisions based on his personal preferences, rather than financial obligations. The post garnered various reactions from fellow Redditors, with some congratulating him and others cautioning against replacing car expenses with other unnecessary expenditures.
Overall, the experience highlighted the financial burden associated with car ownership and the potential benefits of eliminating that financial strain.
Written by urgent.news from The Independent Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
