Car Next Door

Car Next Door is an Australian company that facilitates peer-to-peer car rental, a system by which individuals may rent privately owned vehicles on an hourly or daily basis to other registered users of the service.[1][2] Peer-to-peer car rental is an example of ″collaborative consumption″, where skills and assets are shared or traded between neighbours for sustainability and economic benefit.[3] It currently operates in Sydney, Brisbane, Melbourne, Gold Coast[4] and most recently it launched in Perth[5] and has announced plans to expand to other Australian cities and airports.[6]

Car Next Door
TypePrivate
IndustryCar sharing, Peer-to-peer car rental, Collaborative consumption
Founded2012 (2012)
Sydney, NSW,
FounderWill Davies, David Trumbull, and Chloe Iliffe
HeadquartersSydney, Australia
Area served
Brisbane, Melbourne, Sydney, Perth, Canberra, Gold Coast, Tasmania
Key people
Will Davies (Founder & CEO) & , Dave Trumbull (Founder & CTO), Chloe Iliffe ((Founder), Merryn Clancy (COO)
Productscar sharing, carsharing, car rentals, cars,
ServicesPeer-to-peer car rental, Car sharing, car rentals, cars, collaborative consumption
Number of employees
55
Websitewww.carnextdoor.com.au

How it works

The company addresses the lack of trust and lack of ease that would otherwise discourage people from sharing their cars with others,[7][8] by:

  • Providing an online forum where vehicle owners and borrowers are registered, vetted, and approved;[9]
  • Providing a feedback system to allow vehicle condition and member behaviour to be rated and reported by other members;
  • Providing in-car technology that enables keyless access to the car, and an automated, web-based booking platform;[9]
  • Providing in-car GPS technology that tracks the car's location, reducing the risk of theft and misuse of the vehicle;
  • Providing insurance covering owners and borrowers;[9] and
  • Handling payments between owners and borrowers.

Car owners receive income depending on the sharing plan they choose but it varies between 50% to 75% of the time-based fee and 75% of the km fee.[10] They can book their car for free and at other times, the car must be available for roughly 50% of the weekdays and 50% of the weekends, or a penalty may be charged to the owner. Owners do not choose who can use their vehicle beyond selecting whether a driver is 21 or older, 25 or older etc. (as per the CTP greenslip requirements), though they can request that a driver is banned. The site manages toll fees and charges these back to the owner each month. Drivers (called "Borrowers") purchase fuel themselves but get reimbursed via receipt upload[11] and this is charged back to the owner each month. The borrower pays for distance based on a distance charge. Monthly administration costs are also charged each month (which can include fully comprehensive car insurance, and roadside assist depending on the sharing plan the car owner chooses). All these costs are then deducted from any earnings each month, with any positive remaining balance being transferred to the car owner's bank account.

See also

References
  1. Sydney Morning Herald. ″Drive thy neighbour's car ... or just rent it″. Archived 10 October 2012 at the Wayback Machine Nicole Hasham, October 6, 2012.
  2. Daily Telegraph. "Dollars drive car share scheme to be launched in Bondi and Paddington″. Shae McDonald, Sydney, August 8, 2012.
  3. Botsman, Rachel and Rogers, Roo (2010). What's Mine is Yours: The Rise of Collaborative Consumption. HarperCollins.
  4. "Neighbour to Neighbour Car Sharing Hits the Gold Coast | Car Next Door". Car Next Door. 7 November 2017. Retrieved 15 January 2018.
  5. Juanola, Marta Pascual (15 August 2019). "Perth's motoring costs could plummet as 'Airbnb of cars' launches". WAtoday. Retrieved 21 November 2019.
  6. "BRW". "Car Next Door seeks $1.8m ride to the airport." Archived 5 March 2016 at the Wayback Machine Caitlin Fitzsimmons and Jemima Whyte, 27 July 2015.
  7. "Survey Finds Trust is #1 Barrier to Sharing". Retrieved 23 June 2015.
  8. Campbell Mithun and Carbonview Research. '″Collaborative Consumption: What Marketers Need to Know.″ Archived November 5, 2012, at the Wayback Machine January 2012. www.campbell-mithun.com/talkinar. Retrieved 11 November 2012.
  9. Steve Mills (producer), (9 October 2012). Breakfast Program [radio broadcast]. Perth, 6PR.
  10. "Sharing plans for renting out your car". Car Next Door Help Centre. Retrieved 21 November 2019.
  11. "Who pays for fuel". Car Next Door Help Centre. Retrieved 21 November 2019.
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