Vehicle sharing trend has taken hold in New Zealand

New Zealand Vehicle Owners Take Peer-to-Peer Car Rental by Storm

European vehicle sharing trend has taken hold in New Zealand

August 2, 2016 - In 2014, there were over 25,000 car sharing vehicles all over Europe, and as those numbers have grown, the trend has spread to New Zealand. Kiwis are taking the vehicle sharing trend by storm, and one vehicle sharing company has experienced massive growth in less than 6 months due to the demand for vehicle sharing opportunities.

My Car Your Rental is a New Zealand-based, peer-to-peer (P2P) car rental company that lets vehicle owners list their cars for rent. My Car Your Rental offers insurance and a sleek platform where renters can easily find rentals, and vehicle owners can seamlessly list their cars. Henrik Stovring, founder of
My Car Your Rental, has seen the fruit of the vehicle sharing economy in New Zealand.

In New Zealand, car owners have shown to be the most open in the world to loaning their vehicles. In a country where the population is relatively small compared to other countries where ride sharing is prominent, the statistics for this market are rising quickly.

According to Stovring, more than 400 vehicle owners have listed their car for rent in less than six months, and these numbers have the potential to take a lot of vehicles off the roads. In fact, Stovring estimates that if all 400 of the vehicles were rented out at one time, then approximately 4,000 cars
would be taken off the road. Stovring cites international studies that have said for every car that is shared, up to 15 individually owned vehicles can be replaced.

My Car Your Rental was recently featured in an article by the New Zealand Herald. In the article, the car-loan trend was given a closer look, and My Car Your Rental’s services were highlighted.

According to Stovring, “It’s now proven that car owners here in New Zealand are some of the most open people when it comes to sharing their car.”

At My Car Your Rental’s website, Kiwis can easily upload their vehicle’s details and rental information, including rates. The platform offers a simple way for people to make money on their vehicles while being backed by the features of the site. Kiwis who want to rent a vehicle, save money, and enjoy an eco-friendly to drive when they need to can leverage the website to find vehicles ranging from economical family vehicles to sports models.

More information can be found at http://www.mycaryourrental.com/.

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