Top 3 Reasons for Why Car Sharing is Popular

Why has this trend exploded for the past few years?

The car-sharing industry is continuously evolving and more and more companies seem to be appearing out of the blue, and a car sharing startup is becoming common.

Car sharing can take many forms, such as regular rental or taxi services. Not only that, but individual people can hand down their car for renting through many apps such as Turo, or can even become “taxi drivers” in their free time. 

Why has this trend exploded for the past few years? Well, we are going to show some of the reasons why this happened and why it will be the future of transportation.

1. Both sides benefit

First of all, it’s basically a win-win situation both for the companies and for regular people as well. 

Some people won’t have to deal with the burden that car ownership can sometimes be. Owning a car can be very costly and is often considered a bad investment. 

Think about the amount of money that you have spent in maintaining and repairing your car. Not to mention the depreciation factor, which causes you even more money as time passes by. 

If you add up all of this, you might be in quite a loss, right? That’s why car-sharing seems to be a good alternative. You can have a car, when you actually need to use it, avoiding all of the cost permanent ownership brings you.

However, if you happen to own a car yourself, things might not be as bad as they seem. You see? Car sharing gives you the opportunity to put your own vehicle to work.

Be it that you rent it, or using as a part-time taxi. With the help of these apps, you can actually turn your car into a profitable investment.

At the same time, companies benefit from this business model by not having the necessity of building their own fleets of vehicles, such as regular car rental or taxi enterprises.

2. Reducing pollution

If you think about it, this quite innovative method of transportation contributes to reducing emission gases in some way or another. And with the state of high pollution our world happens to be in, this is more than welcome. 

With car sharing, a single car is no longer used by, let’s say, a family at the most. Now, one care can be used by even hundreds of people, maximizing the utility of the vehicles, and at the same time reduces the number of cars on the road.

We all know, that fewer cars mean less traffic, and less traffic means less pollution.

3. Convenience 

And finally, there’s convenience. If you are unlucky enough to own a tiny 2 door hatch, and plan a long road trip with 4 other people, like me, you really have to limit the amount of luggage you bring since the boot space is so small. 

With car sharing, this is no longer the issue. Just find a car that’s best suited for what you need and off you go. 

Also, another factor is that you can get to drive vehicles that you can’t really afford to buy on your own. And let’s be honest, we all like to spoil ourselves a little from time to time.

Conclusion

With all of those being said, the future of car sharing looks very promising. It has the potential to solve many of the people’s problems by getting rid of the costs of ownership and even reducing air pollution.

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