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Car rental could be the answer to high insurance premiums www.europcar.co.uk

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London, April 2011 – Europcar, the leader in car rental services in Europe for both leisure and business users, is urging motorists to think about alternatives to car ownership as latest news from the AA suggest premiums have risen by a record 40% in the last 12 months.

 

“Clearly for many families have accessing to a vehicle day and night is vital – it’s what UK families are used to” said Ken McCall, Managing Director, Europcar.  “But for those families with several vehicles it may well be worth giving serious consideration to ditching the second or third car and just renting when they need an extra set of wheels.

 

“At Europcar we have been seeing a growing trend over the last couple of years of more people renting for day to day needs and as an alternative to second car ownership.  By renting a car you can eliminate all the other costs – insurance, maintenance and roadside assistance and also reduce fuel consumption by as much as a third by driving a nearly new car in a more efficient way.

 

“It’s a trend that is sure to grow as the cost of running cars – fuel, insurance, etc – eats into already stretched household budgets.”

 

Case Study

John Lynch of Walton on Thames took the decision last year to give up his car, after 27 years of ownership

 

John says: “Like most people, I have always had a car and just lived with the expense – I assumed I couldn’t do without it and actually never gave it a great deal of thought. However, last year my car (which was a BMW Touring) needed some major work.  When I found out that the cost of the work was more than the value of the car itself, my immediate response was that I would either just have to grin and bear it or buy a new car.  Both options were going to be costly and I really resented it.  We were just about to move home with all the expense that entailed, so I started to think about how much I actually needed a car on a day to day basis – could I actually survive without a car and did I actually want to?  I commute into work each day – the train station is just a walk away, I am a keen cyclist and my partner has a company car we could share at the weekend. 

 

“So I took the plunge and while I don’t think we could manage without at least one car in the household, giving up the second car has actually been quite liberating. At first the thought of not having a set of car keys to grab at a moment’s notice was a bit scary but I think you can get quite lazy and don’t realise that you can cope quite easily without a car full time.

 

“Now I just rent from Europcar when I need a car – it’s proved so much simpler and I have saved in the region of £2,000 a year in the process.”

 

 

Ends

 

For further press information please contact the Europcar UK Press Office:  Dominic Dennis, Arran Fano, Maddy Roles, Jessica Dunne or Wendy Harrison on 020 8977 9132.  Dominic@harrisonsadler.com

 

About Europcar

 

Europcar is the leader in car rental services in Europe. Present in 150 countries, the company provides customers with access to the world’s largest vehicle rental network through franchise operations and partnerships. Through Europcar’s portfolio of brands, the company and its franchisees generated more than €3 billion in revenue in 2010, including nearly €2 billion in consolidated revenue. With 6,500 employees committed to delivering customer satisfaction and an average fleet of close to 200,000 vehicles, Europcar is conscious of its corporate citizenship responsibilities. Winner of the first World Travel Award recognizing the World’s Leading Green Transport Solutions Company, Europcar also was honored with the Award in 2010, the second time it was presented. Europcar is owned by French investment company, Eurazeo.

For more information: www.europcar.com

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