Car Sharing Services
Last Updated by WikiWealth | Update This Page Delete This Page
What started in Europe is now coming to the United States. Car sharing clubs pay annual fees to rent cars by the hour. A person can save money if they rent a car versus buy one, especially if they make infrequent trips.
"Frost & Sullivan calculates that a car owner doing 12,000 miles a year can save $1,834 by shifting to a carsharing service. So car-sharing will stimulate short-term demand for new cars while threatening a proportion of carmakers long-term sales."
Source: Economist magazine, September 4th 2010, page 70, Car-sharing …
SWOT Analysis Survey
SWOT Threat: Car Sharing Services
What started in Europe is now coming to the United States. Car sharing clubs pay annual fees to rent cars by the hour. A person can save money if they rent a car versus buy one, especially if they make infrequent trips.
"Frost & Sullivan calculates that a car owner doing 12,000 miles a year can save $1,834 by shifting to a carsharing service. So car-sharing will stimulate short-term demand for new cars while threatening a proportion of carmakers long-term sales."
Source: Economist magazine, September 4th 2010, page 70, Car-sharing
[[div class="delete-prompt" style="display : none;"]]
If you believe that this point is inaccurate, please flag this page to notify administrators and moderators.
