In Honor of Globally Recognized "Car-Free Day," Zipcar Releases New Data about The Impact of Car Sharing on Traffic and Parking Competition in New York City
- Car-sharing New Yorkers spend 50% less on transportation costs compared to car owners, saving approximately $3,900 annually.
- Nearly 30% of Zipcar members in NYC ditched their personal car, eliminating 37,000 vehicles from the streets.
- Car sharers reduce congestion on NYC streets, with 89% of Zipcar members not owning a vehicle.
- Each Zipcar replaces up to 13 personally owned vehicles, freeing up 9.8 million square feet of space.
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Car-sharing New Yorkers spend half as much on transportation than car-owning counterparts and free city spatial equivalent of seven hometown baseball stadiums
"As the cost of car ownership rises and parking becomes increasingly competitive in neighborhoods, New Yorkers are looking to car sharing as a cost-effective and convenient way to drive a car when they need one," said Angelo Adams, head of Zipcar. "A little-known byproduct of car sharing is that it eliminates personally owned vehicles from city streets, which reduces congestion, carbon emissions and competition for parking on the curb. Who wants the hassle of car payments and to circle the block in the
The Impact of Car Sharing on
Founded in 2000, Zipcar is driven by a mission: to enable simple and responsible urban living by reducing personal car ownership. For over twenty years, Zipcar has supported
- Car sharers eliminate congestion on
New York City's streets. New York City has the fifth most congested streets worldwide, according to INRIX. Those who share cars are not to blame for this unwanted title:89% of New York Zipcar members do not own a vehicle, and42% postponed buying a vehicle due to Zipcar. If Zipcar were to leaveNew York , members would purchase an estimated 56,000 vehicles or enough vehicles to line the roads fromManhattan toAlbany, NY orProvidence, RI . - Zipcar fleet frees spatial equivalent of seven hometown baseball stadiums and more! Each Zipcar is estimated to replace up to 13 personally owned vehicles in
New York City . With a fleet of over 3,000 vehicles, including eco-friendly hybrids and electric vehicles, Zipcar enables over 9.8 million square feet (about the total floor space of the Pentagon) of free space, or the spatial equivalent of 149 miles of protected bike lanes, Governor's Island, nearly 14 Museums of Modern Art or the entire Carroll Gardens neighborhood!
Who are
- Car sharing saves New Yorkers spend nearly
50% less on transportation costs. According to AAA, the annual cost of new car ownership totals a record high of . New York Zipcar members spend far less annually on total transportation costs than the national average: the average resident's annual household transportation cost is estimated to be more than$10,000 , whereas a Zipcar member's annual household transportation cost totals approximately$7,000 , netting a$3,900 50% savings that can be used for housing, childcare or leisure, etc. - Car Sharing is for all New Yorkers. Aiming to serve all New Yorkers with convenient access to transportation, nearly
60% of Zipcar'sNew York fleet is in "disadvantaged communities," as defined by the United States Department of Transportation. Of itsNew York City membership base,55% identify as BIPOC (60% inQueens ,90% in theBronx ),90% live in multi-family housing,30% report children under their guardianship (which is twice the rate of comparable markets), and35% have a household income lower than the national median income of .$67,500 New York car sharers embrace the "car-free" lifestyle. New York Zipcar members report walking, riding bikes, taking mass transit, and driving Zipcars only when truly needed, embracing environmentally friendly transportation options more than the average resident: approximately 200 walking trips annually, 27 biking trips annually (nearly double the average resident); and 183 transit trips annually (21% more than the average resident).
Zipcar provides 24/7 on-demand, self-service access to vehicles by the hour, day or week in convenient urban, college or business locations with gas or electric charging, insurance options, maintenance and dedicated parking included, making it a more cost-effective and sustainable option than personal car ownership. Standard memberships are
About the Zipcar North American Transportation Survey
Zipcar-specific data was collected as part of Zipcar's North American Transportation Survey, a survey with a sample size of approximately 6,800 respondents in
About Zipcar
Zipcar is the world's leading car-sharing network, driven by a mission to enable simple and responsible urban living. With its wide variety of self-service vehicles available by the hour, day or week, Zipcar operates in urban areas and university campuses in hundreds of cities, towns, and universities. Zipcar is a subsidiary of Avis Budget Group, Inc. (Nasdaq: CAR), a leading global transportation solutions provider. More information is available at www.zipcar.com.
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SOURCE Zipcar