Archive for February 12th, 2012
Lend Your Car, Save, and Save the World
Cars are parked 22 hours a day on average yet world will have 2.5 billion cars in 2050
The costs of car ownership and travel are far higher than anyone realizes: a 100 km total trip costs between 65 and 80 dollars when parking, fuel, wear and tear, insurance, depreciation, repairs are included. A car is usually parked and unused 22 hours a day but still incurs costs.
Cars are only used 90 minutes a day on average. Peer-to-peer car sharing makes money for car owners and reduces need for car ownership.
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