Private Car Sales Drop as City Car Club Membership Soars

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The sale of privately owned cars dropped by a significant 38% last month, while City Car Club had a record breaking month for new members.

The sale of privately owned cars dropped by a significant 38% last month, while City Car Club had a record breaking month for new members.

This comes as yet another sign that people in the UK are looking for ways to cut unnecessary costs during the current economic climate. The popularity of car clubs has undoubtedly played a key role in this, with almost 140,000 people now registered as a car club member in the UK. City Car Club’s membership has been increasing at almost 100% per annum and last month’s new membership figures shows this looks set to continue.

Big ticket items such as cars are often the first thing people reconsider when looking to tighten their belt. City Car Club membership appeals to individuals and businesses alike with an increasing number of members joining as a cost effective alternative to car ownership.

Becoming a member of a car club gives you 24/7 access to a dense network of locally parked self-service cars and vans which you can use as if your own. Members can book the cars and vans online or by phone, from as little as 30 minutes, and unlock the cars using their smart-enabled membership card. As they only ever pay for a car when they need one, members can save thousands of pounds on their motoring costs as they aren’t paying for a car parked outside their house the majority of the time.

Equally, businesses are saving money by choosing car club membership over running pool cars, using taxis, booking traditional hire cars, or reimbursing their employees for using their own cars.

James Finlayson, City Car Club’s Managing Director commented: “This is a clear sign that people are continuing to try and save money where they can. Car ownership, particularly in city centres, is really being questioned these days, as there are more and more viable alternatives such as improved public transport, more cycle lanes and significantly more car clubs cars to chose from”

Research indicates that becoming a member of City Car Club can be considerably cheaper than running a private car. According to the AA and thisismoney.co.uk, the total annual cost of running of a second hand Vauxhall Corsa is £2,902. A City Car Club car doing the same mileage over the same period costs just £1,065, a total saving of £1,837.

For more information, images, interviews or member case studies, please contact Laura Coates, laura@citycarclub.co.uk, 0113 394 3534. For more information about City Car Club, visit http://www.citycarclub.co.uk.

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Laura Coates
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