Table 3

Carsharing business models

Business modelAccess-based modelsPlatform-based models
B2CB2BCooperativeP2P
ExamplesZipcar, ShareNowShareNow, Volvo car mobility (M)ModoGetaround, Turo
Value propositionProvides individuals with access to a new car without the burdens of ownershipProvides organizations with access to cars for work-related trips without the burdens of fleet ownership; offers consolidation of fleet management activitiesProvides communities with access to cars without the burdens of individual ownershipProvides individuals with access to privately owned cars at lower prices than alternative traditional B2C carsharing. Participating car owners can defray some of the ownership costs and monetize an idle asset
Key resourcesCar fleet, fleet management, service network, usage and user behavior dataCar fleet, fleet management, service network, account management, contracting, usage and user behavior dataCar fleet, members' networkIT platform, insurance and assistance coverage, car owner, usage, and user behavior data, wide variety of cars in the network
Revenue mechanismMonthly subscription or pay-per-useContract-basedAnnual membership or monthly feePay-per-use
Market mediationCommercialCommercialNot-for-profitCommercial
Car ownershipCarsharing companyCarsharing companyJoint ownership by membersPrivate individuals
Investment requirement by the providerHighHighModerateLow
Pick-up and drop-off modeOne-way or round-tripOne-way or round-tripRound-tripRound-trip
Involved actorsCarsharing company, customersCarsharing company, employer organization and employeesCooperative association, car rentersCar owners, platform providers, customers
Business model innovatorCarsharing companyCarsharing companyCooperative membersPlatform provider
Fleet varietyLow–mediumLow-–mediumLowHigh
Geographical coverageLimited to busy areasLimited to busy areasSelected geographical areas (often neighborhood scale)Wide coverage
Car maintenance and cleaningCarsharing companyCarsharing companyContractual obligationsPrivate car owner

Source(s): Adapted from Wilhelms et al. (2017) and Hahn et al. (2020) 

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