Ford Credit car-sharing plan aims to cut ownership costs

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Ford Motor Co. is entering the car-sharing market with a program that will cut Ford Credit customers’ vehicle costs by enabling them to rent out their cars.

The pilot program, Peer-2-Peer Car Sharing, invites 26,000 select Ford Motor Credit Co. customers in six U.S. cities and London to rent their vehicles to other drivers for short-term use.

“It can be anything as short as an hour. Or it can be a day. Or it could be up to a week,” David McClelland, Ford Credit’s vice president of marketing, told Automotive News today.

via Ford Credit car-sharing plan aims to cut ownership costs.

via Ford Credit car-sharing plan aims to cut ownership costs.

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