Yourdrive
Defunct New Zealand peer-to-peer carsharing company
From Wikipedia, the free encyclopedia
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.
| |
| Type | Private |
|---|---|
| Industry | Car sharing, peer-to-peer car rental, collaborative consumption |
| Founded | 2014, Auckland |
| Founder | Oscar Ellison [1] |
| Headquarters | Auckland, New Zealand |
Area served | Auckland, Hamilton, Palmerston North, Wellington, Christchurch, Dunedin |
| Key people | Oscar Ellison (Founder & CEO) |
| Products | Car sharing |
| Services | Peer-to-peer car rental, car sharing, car rental |
| Owner | OE Capital, Jucy Rentals |
Number of employees | 8 |
New Zealand rental car firm Jucy Rentals 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]