Yourdrive

Summary

Yourdrive was a New Zealand peer-to-peer carsharing company. Prior to ceasing operations it facilitated a system in which individuals could rent their privately owned vehicles on an hourly, daily or weekly basis to other registered users of the service.[2] Owners set their rental prices and earn a 60 percent commission from the rental revenue.[3] Prior to going out of business it operated throughout New Zealand with vehicles in Auckland, Hamilton, Palmerston North, Wellington, Christchurch, Queenstown and Dunedin.

Yourdrive
Company typePrivate
IndustryCar sharing, Peer-to-peer car rental, Collaborative consumption
Founded2014 (2014), Auckland
FounderOscar Ellison [1]
HeadquartersAuckland, New Zealand
Area served
Auckland, Hamilton, Palmerston North, Wellington, Christchurch, Dunedin
Key people
Oscar Ellison (Founder & CEO)
ProductsCar sharing
ServicesPeer-to-peer car rental, Car sharing, Car rental
OwnerOE Capital, JUCY
Number of employees
8

New Zealand rental car firm JUCY purchased 50% of the company in 2016[4]

Peer-to-peer carsharing is an example of collaborative consumption, where assets and skills are shared or traded between neighbours for sustainability and economic benefit.[5] Although car sharing is relatively new in New Zealand it is an area that is being encouraged due to the environmental and economic benefits.[6] Auckland Transport is promoting a scheme that would drastically increase the number of car sharing vehicles.[7]

In March 2020 Yourdrive announced that it had ceased all operations due to lack of revenue.[8]

See also edit

References edit

  1. ^ Success by sharing the experience NZ Herald
  2. ^ Yourdrive, New Zealand's first peer to peer vehicle sharing company Sustainable Business Network.
  3. ^ FAQ for Owners, Yourdrive.
  4. ^ "Making money from your unused car". Stuff. Retrieved 19 April 2017.
  5. ^ Botsman, Rachel and Rogers, Roo (2010). What's Mine is Yours: The Rise of Collaborative Consumption. HarperCollins.
  6. ^ Project NZ: Accelerating Smart Transport in New Zealand Baker, L. & Ayers, M.
  7. ^ "Electric car share scheme". Auckland Transport. Retrieved 19 April 2015.
  8. ^ "Car share company Yourdrive hit by Covid cash crisis but 'not closed up yet'". Stuff. 21 July 2020. Retrieved 1 February 2021.