Saturday, December 22, 2007

Car sharing provider making millions

In big cities like New York City and San Franciso, the city's public transportation system is very good. You can get to places pretty easily. Once in a while, you need a car to get to places. It's not worthwhile for you to own a car and pay insurance without driving much. The founder of Zipcar.com created a membership club for people to get access to cars. You can rent a car for a few hours or days. You don't need to buy any insurance. You don't need to pay for gas. You don't have to worry about having a parking spot for the car. Zipcar.com is making millions.

Problem: Only need to use car occasionally, but the price of car insurance is expensive. In big cities, it is inconvenient to have to worry about keeping a car parked.
Idea/Solution: Website + Membership + Get access to car by the hour or days + No Insurance charge + No gas bill
Site: http://www.zipcar.com/



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