Fleet News

Car rental will play a key role in the ‘Sharing Economy’, says BVRLA

Car rental and other forms of ‘pay-as-you-go’ road transport will need further government support if they are to deliver their full potential in the government’s vision of a ‘Sharing Economy’.

This is one of the key messages that the British Vehicle Rental and Leasing Association (BVRLA) and its members will contribute to the government’s independent review of the sharing economy in a meeting with officials from the Department for Business, Innovation and Skills (BIS) this week.

BIS has tasked digital entrepreneur Debbie Wosskow to explore the social and economic potential of the sharing economy in the UK, and make recommendations to the government on how this potential can be reached.

BVRLA chief executive Gerry Keaney said: “We want policymakers to understand the integral role that car rental and car clubs are already playing in the sharing economy, and their potential for future growth, given the right government support.”

Research has proved that users of car rental, car clubs and car sharing own fewer vehicles and have more sustainable travel habits than the average driving licence holder.

The growing popularity of pay-as-you-go road transport is already helping to reduce congestion and air pollution in urban areas and has the potential to achieve even greater benefits with the right support in the form of parking, government awareness campaigns and user incentives.

A 1% increase in the use of car rental at Heathrow would eliminate 225,000 unnecessary car journeys to and from the airport, says the BVRLA.

In London alone, car journey sharing and car clubs could grow by 80% to include as many as 800,000 members by 2020. This would mean 79,000 fewer cars on the road, resulting in a 4.6% fall in NOx emissions and a 5.6% fall in CO2 emissions, not to mention a boost in London-wide productivity to the value of £238million.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


  • bennyjoseph - 10/11/2014 10:17

    Car renting is indeed saving a lot of money for the traveling people and if government provides a good set of facilities then it could help many of the people.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee