It costs around $50k (Singaporean) to buy the right to own a car for 10 years.

https://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsR...

For those who don’t know what this is about: Singapore each month holds an auction where people bid for the right to drive a car. https://en.wikipedia.org/wiki/Certificate_of_Entitlement:

”Before buying a new vehicle, potential vehicle owners in Singapore are required by the Land Transport Authority (LTA) to first place a monetary bid for a Certificate of Entitlement (COE). The number of available COEs is governed by a quota system called the Vehicle Quota System (VQS) and is announced by LTA in April of each year with a review in October for possible adjustments for the period of one year starting from May. Approximately one-twelfth of the yearly quota is auctioned off each month in a sealed-bid, uniform price auction system and successful bidders pay the lowest winning bid.”

For $50k, you can rent one of these cars 100,000 minutes, or 10,000 minutes a year, or slightly less than half an hour a day. And for that $50k you don’t even get a car, let alone gas and maintenance.

It's Singapore. Cars are costly, difficult to get and starting Feb. no net new car will be added to the country. Though public infrastructure is excellent and taxi is an option, so self driving anyway have a limited appeal.

The nicer car2go vehicles are $0.45/min in Seattle ($0.35 for the smartcars that they are deprecating). I'm not sure how the traffic in Singapore compares, though.

In my experience, car2go is usually 2/3 the price of an Uber/Lyft

It's a different dollar, too.

1 SGD = 0.74 USD

Not in a country where a Toyota Corolla costs upwards of $100,000.

is it a flat fee ? could make a lower cost for long rides (doubling as incentive)

Flat so far, but they will deploy some promotions for sure