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Peer-to-peer carsharing is a form of person-to-person lending or collaborative consumption, as part of the sharing economy. [1] The business model is closely aligned with traditional car clubs such as Streetcar or Zipcar (est. in 2000), [2] but replaces a typical fleet with a ‘virtual’ fleet made up of vehicles from participating owners. [3]
Off-rental: rental car companies normally replace their fleets once a year, releasing a flood of late-model cars to the secondary market. Like the big financial institutions that underwrite car leases, rental companies also rely on auto auctions to sell off their used inventory. These vehicles tend to be well-maintained and driven for only one ...
Learn about the origins, development and classification of car rental agencies worldwide. Find out how car rental companies operate, what types of vehicles they offer and what conditions they impose on customers.
Carsharing is a model of car rental where people rent cars for short periods of time, often by the hour. Learn about the origins, development and growth of carsharing in different countries and cities, as well as its environmental and social impacts.
Learn about the types, coverage, and providers of vehicle insurance in the US. Find out the legal requirements, factors, and costs of car insurance in different states and situations.
ACE Rent a Car is a private car rental company founded in 1966 and based in Indianapolis, Indiana. It has over 200 licensed locations in over 56 countries and is the largest system of independent rental car operators in the world.
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