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Is carsharing less expensive than owning a car?

car carsharing expensive owning
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Is carsharing less expensive than owning a car?

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The average cost of owning a car in the U.S. is over $8,000 per year when the cost of fuel, insurance, upkeep, repairs, and loan or lease payments are taken into account. Contrasted with the average daily use of car — less than an hour-and-a-half a day — car ownership works out to be about $18 an hour of usage! For many people, carsharing offers much of same convenience, privacy, and flexibility of owning a car, for much less than the cost of owning. Is there a benefit for students, faculty or staff of Cornell University or Ithaca College? Ithaca Carshare is excited to offer special membership rates to the college communities in Ithaca. Both Cornell University and Ithaca College offer special rates and packages for students and faculty/staff. You can find the full details on our College Rates page.

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