Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

New tool calculates savings of switching to car clubs

Car Share

Deniz Huseyin
13 July 2022
 

Households can save more than £2,000-a-year by switching from a private vehicle to car club membership, according to new research by CoMoUK.

The charity has launched a new tool, which works on savings on both hourly trips and day trips. Analysis shows that the average annual cost of owning a new Ford Fiesta on a lease is £3,801, including fuel, insurance and tax while using the same vehicle through a car club cost £1,678.60 – an annual saving of £2,122.40.

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