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Drivers could save €1,000 a year by ditching cars

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Drivers could save €1,000 a year by ditching cars
Photo: DPA

Drivers who don’t use their cars often could save up to €1,000 a year by getting rid of their vehicle and signing up to a car-sharing scheme, a German consumer organisation said on Friday.

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“Car-sharing is a great idea, and also works in practice,” the Stiftung Warentest report’s authors said.

They gave five of the nine car-sharing programs they examined a rating of “good”, while the others ranked “satisfactory”, in a study published in the October edition of the group’s magazine.

The researchers said they were impressed with the ease with which one could book a car, and by the overall condition of the shared vehicles.

People who drive fewer than 7,500 kilometres a year could save up to €1,000 euros a year by abandoning their cars and taking part in a program, according to the study.

The car-sharing companies take care of all repairs, tire changes, inspections, and insurance, and some offer a wide array of different types of vehicles the participant can use – from compact cars to vans.

There is a good availability of cars in Germany’s larger cities, where not just the traditional car-sharing programs but also some of the local car dealerships offer cars for short-term use.

In May, Deutsche Bahn announced it was working on a partnership with BMW, Daimler and other companies to create a new nationwide car-sharing network.

The Local/mbw

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