Benefits Of Car-Sharing

Some of the major social benefits of Car-Sharing are:

Ease traffic congestion

Reduce demand for car park spaces

Better utilisation of land and energy resources

Cost savings for individuals and businesses

Lower emissions

According to the estimates by Frost & Sullivan: 

Each shared vehicle replaced 15 personally owned vehicles in 2009

Car-sharing members drove 31 percent less than when they owned a personal vehicle

These two factors translate into 482,170 fewer tons of CO2 emissions and less travel congestion in urban areas.

For Individuals and Businesses

For individuals and businesses, car-sharing allows them to have the benefits of using a private car without the costs and responsibilities of owning a car.  Like one of the car-sharing users once said, car-sharing gives the option to be responsible for the cost of 3 hours and not 3 years. Frost & Sullivan research shows that an average car owner who drives 12,000 miles a year at an average driving speed of 30 miles per hour can save US$ 1,834 by shifting to a car-sharing service. Commuters who drive less than 12,000 miles can save more.
The benefits from car-sharing coupled with increasing fuel cost and the push for higher global greenhouse gas emissions regulations, have helped growth of car-sharing.  Between 2006 and 2010, car-sharing membership has increased by 360% worldwide.