Car Sharing: An Easy Trend to Profit From?
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Brendan: How about Car Sharing, which is a new industry? It almost seems like this could actually disrupt what is a relatively nascent industry. Zipcar is one, obviously, but you also have Car Sharing, where you literally rent your car out. Is that along the same lines?
Ann: That's definitely along the same lines. There's this figure that your car sits idle a large percentage of the day. I want to say 80-90% of the day, so that could be utilized or maximized, using these car-sharing programs.
The article Car Sharing: An Easy Trend to Profit From? originally appeared on Fool.com.Brendan Byrnes has no position in any stocks mentioned. The Motley Fool owns shares of Zipcar. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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