If you drive less than 10,000 miles a year, sharing a car with others is a good way to get the benefits of driving a car, without any of the hassle of owning a car (or having to sit next to a motormouth each day, as with conventional lift-sharing).
Companies like Co-Wheels (a social enterprise) offer modern hybrid cars that you rent by the hour, and the company pays for everything else: the car, maintenance, cleaning, road tax, insurance and even pre-paid fuel & breakdown cards in the glovebox).
Peer-to-peer car-sharing clubs like Turo let car-owners earn up to £6000 a year passive income, by letting others share use of their vehicle (fully insured).
Car-sharing does not just free up funds for you, but helps to reduce road traffic. Most people’s cars sit on the road for 96% of the time. Car-sharing clubs means each vehicle is mostly driving around, freeing up 19 out of 20 car parking spaces.
This also helps to reduce the monopoly of expensive car parks (and hospitals that charge a fortune for people visiting sick relatives).
