Car & Away
Car & Away can be described as the ‘Airbnb for cars’ as we want people to share their cars and make themselves some money while doing it.
There are 32 million cars in the UK alone and these sit idle 96% of the time. The average cost of owning a car is £5,000 a year. By providing a platform where people can share their cars, they can begin to make their car work for them.
Our offering will consist of two components: Airport and Neighborhood operations. While the two are separate customer propositions, they work perfectly together to fuel growth.
Our airport operations attract both owners and renters through delivering disruptive and attractive alternatives to park or rent a car. It also provides a parking capacity solution for airports where we can grow their parking capacity at zero cost. Every car rented frees up space, which the airport can re-sell. This has already created a loyal customer base and developed a leading brand reputation in the UK through Trustpilot® – 9.8/10 – 1st in Airport Parking and 3rd in Car Rental.
We will also soon be launching our neighbourhood operation in London. Owners who use the service at the airport inform us that they want to rent out their car from their home. This provides us with the unique growth engine to fuel nationwide growth. The business will expand to Europe, America and beyond using similar market entry points.