The ultimate way to cut motoring costs?Many motorists have found it particularly tough over the last few years to keep on top of motoring costs. The cost of fuel is a particular concern, seeming to rise almost every month. The canny British driver hasn’t just accepted such increases, though, and has taken big decisions to cut costs.
Many motorists have found it particularly tough over the last few years to keep on top of motoring costs. The cost of fuel is a particular concern, seeming to rise almost every month. The canny British driver hasn’t just accepted such increases, though, and has taken big decisions to cut costs. This can involve buying a smaller and more fuel efficient car, a trend that is reflected in the top ten UK sales figures from the Society of Motor Manufacturers and Traders(SMMT), which shows a distinct move towards smaller vehicles. In addition to saving on fuel, such cars typically have much lower CO2 emissions, which attracts lower or even zero-rated road tax. Most motorists now understand the value of shopping around for their car insurance, often saving hundreds of pounds. The most astute new car buyers also know that securing the right finance for their new car can save literally thousands over the course of the deal.
You might think that there is no further way in which motorists can trim their costs but a new company might have found a way to claw some money back. EasyCar Club has just finished running a pilot in London to try out a novel idea. EasyCar Club provides a platform for owners who want to rent out their cars and connects them to clients who want a good deal on car rental. The pilot appears to have been a success and now EasyCar Club is going national. Renters can expect to get a return of between £150 and £350 per month, depending on the type of car and the number of days it is made available for rental. The approach is different from the type of classic or super car club rental that has been around for some time. Instead, owners simply rent normal cars to people who are looking for a cheaper way to hire a car for short periods.
The company takes care of the insurance implications under their own policy and finds customers for renters. The renter can decide on the time periods and costs for renting their cars, to fit in with their own car use and get the optimum return on their car. The company says that the scheme is best suited to those who are not too attached to their car as seeing it being driven away by a complete stranger can be a little disconcerting. They did point out, however, that those renting the cars tend to be more respectful of them than a standard hire car, probably because they understand it is the owner’s private property.
Posted by Edwin Miles on