ZipCar

7 Short-Term Car Rental Agencies Everyone Should Bookmark

Source: http://www.businessinsider.com/save-cash-with-short-term-car-rentals-2012-11

ZipCar

Owning a car costs an average of $8,776 annually, according to the American Automobile Association. That is based on 15,000 miles of driving and includes fuel, insurance, maintenance and depreciation.

Car rental companies will rent wheels by the month for as little as $589, according to Orbitz, which amounts to $7,068 per year — not including fuel, which is a major cost.

If you want to skip the bus, but still save on transportation costs, you could consider using a short-term vehicle rental service.

These vehicles are rented by the hour (or sometimes by the minute) and the rental company picks up all the usual costs of car ownership.

Short-term vehicle rental is an emerging trend that is currently only available in select big cities, but it is expanding. Here are the major operators:

Car2Go

This subsidiary of Mercedes-Benz parent Daimler, rents tiny Smartcars for 38 cents per minute or $13.99 per hour. You also pay a one-time $35 membership fee.

Renters can book one of the two-seaters online, or use a membership card to open and drive off in any of the blue-and-white painted cars they find parked around town.

Car2go pays for gas and when renters are done using the car, they simply park in any designated space, usually located downtown or in heavily trafficked areas, and walk away.

Car2go currently operates in six North American cities and a dozen European cities.

Zipcar

This company operates like car2Go, except it rents more than 30 different types of vehicles.

Rates vary by location and plan, but in San Francisco, for instance, the occasional driver plan requires a $60 annual fee, $25 application fee and hourly rates of about $8.50.

Zipcar operates in 20 major U.S. cities as well as Canada, the United Kingdom, Spain and Austria.

DriveNow

This is a joint venture led by BMW that features the German automaker’s all-electric ActiveE sedan.

Renters pay a one-time membership fee of $39 and, after picking up the car at a DriveNow station, $12 for the first 30 minutes and 32 cents for additional minutes for a one-hour rate of $21.60.

DriveNow is available in four German cities and San Francisco.

Modo

Modo is a car-sharing co-op that requires a $20 initial registration, fee plus $50 per year and $7.50 per hour for rentals.

Renters pre-book vehicles in half-hour increments and pay penalties for late returns, cancellations and no-shows.

Modo rents a variety of vehicles, but only in Vancouver, British Columbia.

Hertz on Demand

This service is an hourly offering of the world’s largest car rental company. It requires no annual fees and charges hourly rates ranging from $5 in Boston to $8 in San Antonio.

Renters pick up and drop off vehicles, which include Nissan’s Sentra, as well as Chevy Cruze and Malibu models, at designated Hertz On Demand locations.

Hertz On Demand is in a dozen U.S. cities as well as the United Kingdom, France, Spain and Germany.

Scoot

This startup charges $10 to join and $5 per month, plus $5 per hour to rent two-wheeled electric scooters, complete with helmets.

The service is available only in San Francisco and environs, and the scooters are only suitable for single passengers traveling at less than highway speed.

Breaking Down the Cost

The average adult spends just under an hour driving daily, according to the U.S. Bureau of Transportation Statistics.

Based on average short-term rates of about $12 hourly, the typical adult driver could spend $4,380 per year on short-term rentals, which is less than half ! the cost of owning a car, while still driving the same amount.

Hourly car renters sacrifice some convenience and still must pay for parking tickets, lost membership cards and other incidentals.

But, for people who live where short-term rentals are available, drive the average amount or less, and don’t need a car at their beck and call, short-term rentals appear to offer an inexpensive way to get around.

DON’T MISS: The 10 most dangerous states for drivers >

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Tuesday, November 13th, 2012 news No Comments

Scoot aims to be Zipcar of electric scooters, launches in SF

Source: http://www.engadget.com/2012/09/26/zipcar-of-electric-scooters/

DNP Scoot aims to be Zipcar of electric scooters, launches in SF

Aiming to be the Zipcar of electric scooters, Scoot Networks has officially launched in San Francisco after months of beta testing. Ideal for areas with problematic parking, the Chinese-made scooters are 100 percent electric with a 20Ah SLA battery each, and there’s even a dock built into the dash to charge most Android or iPhone models. With a screaming top speed of 30 miles per hour, they’re obviously meant for short trips and not for the highway. It costs $10 to sign up, $5 per month, then $5 per hour. You can also get a $10 per day deal or a $19 per month option that includes three workdays or overnights. Even though you don’t need a motorcycle license to rent one, the company does offer tutorials to get newbies comfortable with the vehicles. If you do have a license, you can opt for the $185 a month plan that lets you get your own personal scooter. A potential issue is that the battery on the electric scooter only lasts around 20 to 30 miles, but San Francisco might have enough EV-friendly parking spots to make that less of a problem. You can watch the company’s promo video after the break.

Continue reading Scoot aims to be Zipcar of electric scooters, launches in SF

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Scoot aims to be Zipcar of electric scooters, launches in SF originally appeared on Engadget on Wed, 26 Sep 2012! 17:24:0 0 EDT. Please see our terms for use of feeds.

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Wednesday, September 26th, 2012 news No Comments

Entrepreneurs Can See The Future, And Here’s What The Future Looks Like

Source: http://www.businessinsider.com/ron-conway-startups-trends-future-2012-1


Ron Conway

SV Angel’s Ron Conway has been an investor since 1994.  In this month’s issue of The Economist, Conway writes his 2012 startup predictions.

First he says the social web has hardly reached maturity. We’ve only seen the beginning of what’s possible via Facebook. “Some 90% of the world’s data have been generated in the past two years,” he writes.

Conway thinks social interactions will be at the heart of most new products moving forward. They’ll influence everything from search results to how mom and pop shops conduct their businesses.

Conway also notes how quickly startups are seeing success at the local level. Groupon built a multi-billion-dollar business in three years. Conway wonders if we’ll see a startup become a true $1 billion business in 12 months in 2012.

The biggest trend Conway sees is something he calls “collaborative  consumption.”  By that he means people area willing to share or rent things instead of buy them. Airbnb and ZipCar are good examples of this.

Conway concludes by saying why he loves startups. “The answer is quite simple: these entrepreneurs share their vision of the future with me. And every so often, their vision becomes the future. What could be more interesting than that?”

To read the full article, head over to The Economist >>

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Tuesday, January 3rd, 2012 news No Comments

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