Peer-to-peer carsharing: Difference between revisions

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===United Kingdom===
===United Kingdom===


'''WhipCar''' – The world's largest peer-to-peer car club.<ref>{{cite news|url=http://www.telegraph.co.uk/motoring/news/7611549/New-car-share-scheme-puts-you-at-the-wheel-of-your-neighbours-car.html |title=New car share scheme puts you at the wheel of your neighbours car |publisher=The Daily Telegraph |date= 2010-04-21|accessdate=2010-09-03 |location=London |first=David |last=Williams}}</ref><ref name="Keeping up with the Joneses">{{cite news|url=http://www.economist.com/node/15954416?story_id=15954416/ |title=Keeping up with the Joneses |publisher=The Economist |date= 2010-04-22|accessdate=2010-04-22}}</ref> They offer a [[bespoke]], fully integrated insurance product, 24/7 customer support, break down cover on all bookings made and automated screening of all drivers and car owners who join the service. Whipcar differ from a conventional car club in that there are no membership fees and owners and drivers meet and hand over the keys directly. WhipCar raised [[venture capital]] funding from Delta Partners in October 2009. The service has over 40 makes of car available to rent at any time and is present in over 450 towns and cities across the UK. Within six months of launch, WhipCar had over 1,000 cars available to rent.<ref>{{cite web|url=http://www.fastcompany.com/1686054/whipcar-the-peer-to-peer-car-share-start-up-in-london |title=Peer-to-Peer Car Sharing Start-Up WhipCar Is Zooming Down ZipCar's Lane |publisher=Fast Company |date= |accessdate=2010-08-31}}</ref><ref>{{cite web|url=http://www.huffingtonpost.com/2010/08/24/whipcar-rent-your-car_n_692415.html |title=WhipCar: New Service Allows You To Rent Out Your Own Car |publisher=Huffington Post |date= |accessdate=2010-08-24}}</ref>
'''WhipCar''' – The world's largest peer-to-peer car club.<ref>{{cite news|url=http://www.telegraph.co.uk/motoring/news/7611549/New-car-share-scheme-puts-you-at-the-wheel-of-your-neighbours-car.html |title=New car share scheme puts you at the wheel of your neighbours car |publisher=[[The Daily Telegraph]] |date= 2010-04-21|accessdate=2010-09-03 |location=London |first=David |last=Williams}}</ref><ref name="Keeping up with the Joneses">{{cite news|url=http://www.economist.com/node/15954416?story_id=15954416/ |title=Keeping up with the Joneses |publisher=The Economist |date= 2010-04-22|accessdate=2010-04-22}}</ref> They offer a [[bespoke]], fully integrated insurance product, 24/7 customer support, break down cover on all bookings made and automated screening of all drivers and car owners who join the service. Whipcar differ from a conventional car club in that there are no membership fees and owners and drivers meet and hand over the keys directly. WhipCar raised [[venture capital]] funding from Delta Partners in October 2009. The service has over 40 makes of car available to rent at any time and is present in over 450 towns and cities across the UK. Within six months of launch, WhipCar had over 1,000 cars available to rent.<ref>{{cite web|url=http://www.fastcompany.com/1686054/whipcar-the-peer-to-peer-car-share-start-up-in-london |title=Peer-to-Peer Car Sharing Start-Up WhipCar Is Zooming Down ZipCar's Lane |publisher=Fast Company |date= |accessdate=2010-08-31}}</ref><ref>{{cite web|url=http://www.huffingtonpost.com/2010/08/24/whipcar-rent-your-car_n_692415.html |title=WhipCar: New Service Allows You To Rent Out Your Own Car |publisher=Huffington Post |date= |accessdate=2010-08-24}}</ref>


===USA===
===USA===

Revision as of 00:53, 7 November 2011

This article is about Peer-to-peer car sharing. For other uses, see Peer-to-peer (disambiguation).

Peer-to-peer car rental (also known as person-to-person car rental and peer-to-peer car sharing) is the process whereby an existing car owner makes their vehicle available for use to other drivers in their area in exchange for payment. The term is seen as a natural extension of the person-to-person lending model (also known as peer-to-peer lending and social lending) and a further move towards collaborative consumption, which has become popular with the rise of social media.

The business model is closely aligned to traditional car clubs such as Streetcar or Zipcar, but replaces a typical fleet with a ‘virtual’ fleet made up of vehicles from participating owners. With peer-to-peer car rental, participating car owners are able to make money by renting out their vehicle when they are not using it. Participating renters can access nearby and affordable vehicles and pay only for the time they need to use them.

Businesses within this space typically apply some form of screening of participants (both owners and renters) and a technical solution, usually in the form of a website, that brings these parties together, manages rental bookings and collects payment. Increasingly, an automated form of insurance and breakdown coverage will be applied to rentals that take place through the service in order to protect an owner’s existing insurance coverage.

As with person-to-person lending, enabling technology for this behavior has been the Internet and the adoption of geo-location-based service.

Examples

Australia

Drive My Car Rentals – Launched in December 2008, DriveMyCar was the first operator to successfully commercialise the peer to peer car rental concept. Car owners pay a $25 AUS[1] ($15 US) annual fee to list their vehicle. Drivers can search and book these vehicles online, with the site arranging the rental agreement, insurance and payments. In 2010 the service introduced a hybrid insurance product that automatically covers an owner's vehicle when rented, costing drivers $10 per day. In late 2010, the company expanded its service from short term car rental to include short term car leasing (1-12 mths) and also entered the insurance replacement vehicle market. The company intends to expand its service into Europe and the U.S. in 2011.

Germany

Autonetzer – Based in Stuttgart, the company started to test p2p-Carsharing in fall 2010.[2] Since May 2011 the service is offered throughout Germany. An add-on insurance policy covers any kind of accident during the rental period irregardless of the car owner's own insurance.

RentMyCar – Based in Konstanz as well as New York, their peer-to-peer car sharing marketplace was the world's first.[3][4][5] The service launched in May 2001. The company offered free listings of personally owned car rentals on a marketplace type platform that allows car owners and potential renters to interact with each other and to negotiate their own rental rates and terms. The company provided a Virtual Vehicle Inspection Sticker (VVIS), a master keycard and personal car sharing search engine, and a business method using neighborhood managers. About 800 vehicles were offered for rental in its first two years.[6]

tamyca.de – It started in November 2010 and is a fast growing carsharing community. Over 1000 cars can be rented all over Germany.

Netherlands

In the Netherlands several parties are entering the market in 2011. All encountered barriers in the form of historical insurance models, particularly excluding peer to peer car rental. The most cited reason is that the perceived risks are hard to estimate. Competition in this small country, inhabiting roughly 17 million people, seems to become very strong as soon as multiple players are active. Nonetheless some parties seem to have cracked the insurance box and believe they can win over the market. The first player to enter the market was SnappCar, fully operational since October 2011.

France

Livop.fr – Started in September 2010, this is the first P2P carsharing in France with no key exchange.

DEways – Offers free membership and secured, prepayed payments.

Buzzcar – Founded in April 2011 by Robin Chase, cofounder of Zipcar. Users find and reserve vehicles using the iPhone app or a computer. Buzzcar requires a key exchange, whether in person or at a pre-arranged drop spot.

Voiturelib - Started in June 2010, offers comprehensive insurance cover, secure payments, and social networking features. Voiturelib requires owner and renter to meet in person to exchange keys and sign the downloaded contract.

United Kingdom

WhipCar – The world's largest peer-to-peer car club.[7][8] They offer a bespoke, fully integrated insurance product, 24/7 customer support, break down cover on all bookings made and automated screening of all drivers and car owners who join the service. Whipcar differ from a conventional car club in that there are no membership fees and owners and drivers meet and hand over the keys directly. WhipCar raised venture capital funding from Delta Partners in October 2009. The service has over 40 makes of car available to rent at any time and is present in over 450 towns and cities across the UK. Within six months of launch, WhipCar had over 1,000 cars available to rent.[9][10]

USA

RelayRides – RelayRides launched an initial pilot in Boston in June 2010.[8] Their headquarters were relocated from Boston to San Francisco in early 2011, although they continue to operate in the Cambridge area. They are the first company to attempt to integrate the existing black box technology from car clubs into private car owner vehicles, with a business model closely aligned to that of car clubs.[11] RelayRides offers a single insurance policy to cover their drivers during rentals and claim to allow car owners to earn up to $8,000 a year by renting out their cars.[12][13][14]

Getaround – Based in San Francisco.[15] Getaround uses web interface, smart phone and social graph technology to facilitate person-to-person car rental. They offer a product called "The Getaround Carkit", which enables keyless entry to a converted vehicle through the ability of a driver or renter to unlock a vehicle through their smartphone. Getaround launched in May 2011, and won the TechCrunch "Disrupt NYC" award.[16] Currently they list cars in the San Francisco Bay area and San Diego.

Sprideshare – Based in San Francisco. Sprideshare is set to a launch a pilot scheme in collaboration with City Car Share in late 2011.[17] Their model is akin to RelayRides, requiring vehicles to be fitted with technology which enables them to be remotely unlocked. They have faced a major insurance barrier, rooted in California insurance law, but worked with California State Assembly member Dave Jones to create Assembly Bill 1871, which has changed insurance law to permit remuneration for personal vehicle sharing.[citation needed]

Go-op – Pittsburgh based start-up which is developing an online system for vehicle sharing that is environmentally friendly and provides revenue to car owners.[18]

Jolly Wheels – Originated in New York City in December 2005 and introduced the peer-to-peer rental concept in 2009, with over 80 locations across the United States.[19]

Canada

Communauto – Communauto pioneered carsharing in North America, and is in the process of launching their P2P program.

Sweden

FlexiDrive - Launched in July 2011.

Timeline

  • May 2001 – RentMyCar launches the first peer to peer car sharing marketplace.
  • Oct 2008 – Drive My Car Rentals – launches peer to peer car rental service in Australia
  • April 2010 – Whipcar launches peer-to-peer car rental service in London, UK.
  • May 2010 – Drive My Car Rentals – website and service redesign – introduction of hybrid insurance policy product that works in conjunction with the owners existing car insurance.
  • June 2010 – RelayRides launches Beta product in Boston
  • November 2010 – tamyca launches all over Germany
  • December 2010 – Getaround launches Beta product in San Francisco
  • Early 2011 – Sprideshare set to launch in San Francisco
  • Early 2011 – JustShareIt set to launch in California

See also

References

  1. ^ "Car Travel Services". Australian Explorer. Retrieved 2010-09-03. [dead link]
  2. ^ http://autonetzer.tumblr.com/post/8309122166/autonetzer-de-geht-online
  3. ^ http://web.archive.org/web/*/http://rentmycar.com
  4. ^ http://web.archive.org/web/*/http://rentmycar.de
  5. ^ http://web.archive.org/web/20011011164201/www.rentmycar.de/sangebot.afp
  6. ^ http://www.presseportal.ch/de/pm/100004626/100464165/rentmycar_gmbh_co_kg
  7. ^ Williams, David (2010-04-21). "New car share scheme puts you at the wheel of your neighbours car". London: The Daily Telegraph. Retrieved 2010-09-03.
  8. ^ a b "Keeping up with the Joneses". The Economist. 2010-04-22. Retrieved 2010-04-22.
  9. ^ "Peer-to-Peer Car Sharing Start-Up WhipCar Is Zooming Down ZipCar's Lane". Fast Company. Retrieved 2010-08-31.
  10. ^ "WhipCar: New Service Allows You To Rent Out Your Own Car". Huffington Post. Retrieved 2010-08-24.
  11. ^ Kirsner, Scott (2010-04-19). "RelayRides wants to rent out your car". The Boston Globe. Retrieved 2010-04-19.
  12. ^ "How it Works". RelayRides. Retrieved 2010-09-02. [dead link]
  13. ^ "Person-to-person car rental service". Springwise. Retrieved 2010-09-03.
  14. ^ Ken Belson (2010-09-10). "Baby, You Can Rent My Car". New York Times. Retrieved 2010-09-10.
  15. ^ "5 Tips to Winning a Hack-a-thon Competition". 2009-08-07. Retrieved 2010-09-15.
  16. ^ http://techcrunch.com/2011/05/25/and-the-winner-of-techcrunch-disrupt-nyc-is-getaround/
  17. ^ Motavalli, Jim (2010-05-03). "In San Francisco, Car Sharing Means Really Sharing - Wheels Blog - NYTimes.com". Wheels.blogs.nytimes.com. Retrieved 2010-08-01.
  18. ^ "With hiring scarce, Pittsburgh's MBA grads look to create their own jobs - Pittsburgh Business Times". Pittsburgh.bizjournals.com. 2010-04-30. Retrieved 2010-08-01.
  19. ^ Running a Rental Business Without Owning a Fleet. Auto Rental News, Nov./Dec. 2010.

External links

Categories

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