With Certificate of Entitlement (COE) prices hitting record highs, owning a vehicle in Singapore has become more costly than ever. For many drivers, the rising expenses of monthly repayments, insurance, and maintenance can feel overwhelming. But instead of letting your vehicle sit idle as it depreciates, you can transform it into a steady income stream. This blog explores how joining Lalamove helps vehicle owners turn financial pressure into financial opportunity.
In Singapore, the Certificate of Entitlement (COE) is one of the biggest costs of vehicle ownership and with COE prices hitting historical highs, owning a vehicle for personal use or business is more expensive than ever. But instead of letting that investment sit idle, why not turn it into a source of income?
With COE premiums soaring, monthly expenses on loan repayments, insurance, and maintenance can add up quickly. Lalamove gives vehicle owners a way to monetise their vehicles by turning them into income-generating assets. Even part-time driving can help offset running costs significantly.
Unlike traditional delivery jobs, Lalamove offers complete flexibility. You choose when to go online and which jobs to accept. Whether it’s weekends, evenings, or just a few hours a week, you stay in control while making your vehicle work for you.
This flexibility allows you to balance other commitments while earning extra income. Whether you're a full-time worker looking for a side hustle or a retiree wanting to stay active, Lalamove fits seamlessly into your lifestyle.
From small parcel deliveries to large-item transport, Lalamove offers a wide range of job types. If you drive a van, lorry, or car, there are multiple earning opportunities based on the vehicle type and distance. Plus, surge pricing, peak-hour bonuses, and incentives help you earn more, faster.
The more you drive, the more you can earn. Lalamove's scalable income model ensures that your efforts directly translate into earnings, making it a lucrative option for those looking to maximise their vehicle's potential.
Signing up is straightforward. As long as you have a valid driver’s license, vehicle registration, and smartphone, you can start earning quickly. The Lalamove app makes job management, navigation, and payments seamless.
The intuitive interface of the Lalamove app ensures that even those who are not tech-savvy can easily navigate and manage their delivery jobs. This ease of use helps you focus on driving and earning without getting bogged down by complicated processes.
Lalamove offers more than just jobs, it provides a support system, including customer service, in-app tools, driver communities, and resources to help you succeed and maximise your earnings.
With a robust support system, you're never alone on the road. Whether you need help with an app feature or have a question about a delivery, Lalamove's dedicated support team is always ready to assist, ensuring your success as a delivery partner.
Drive Smarter, Not Harder
Owning a vehicle in Singapore is a serious financial commitment, especially with today’s COE prices. But instead of treating it as a liability, Lalamove gives you the chance to make it work for you. Flexible, rewarding, and supported, driving with Lalamove helps you turn rising costs into real opportunities. If you’re already paying to stay on the road, it’s time to drive smarter with Lalamove.