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High gas prices a bonanza for Zipcar

Filed under: Etc., Green Culture, Transportation Alternatives, North America



High gas prices have us all feeling the pinch ($65 bucks last night for me), and as you're all well aware, many folks are changing their driving style, the amount of driving they do, or, in some cases, saying good-bye to their cars or trucks entirely. One beneficiary of people's changes of heart is Zipcar. The car-sharing service announced this week that its average monthly signups are triple what they were a year ago, with 40% of its new members citing fuel prices as the reason they've decided to join. Services like Zipcar allow people to use cars by the hour or by the day, and the vehicles are generally situated in urban areas where car ownership can be inconvenient, expensive, or, in many cases, both.

According to Zipcar (their announcement is pasted after the jump), members who opted to participate in the company's latest survey are saving as much as $600 per month by choosing the service instead of owning a car of their own. Figure in a car payment, insurance, gas budget, and garage/parking costs, and that number gets believable in a hurry, especially for someplace like Manhattan. The company also says that its members are more likely to also use public transportation as they settle into their car-free (or "car-reduced", so to speak) lifestyles, and that the environmental benefits of the service are myriad. If any readers are current Zipcar users or patrons of a similar car-share service, we'd like to know your experiences and hear how well (or badly) it has worked out for you in the comments below.

[Source: Zipcar | Photo: akseabird]

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