Flexcar

A Flexcar-owned Honda Civic Hybrid in its reserved parking spot in 2006

Flexcarwas an Americanvehicle subscriptioncompany with headquarters located inBoston,Massachusetts.

History

In January 2000, the Flexcar service was launched to 100 members served by four cars in theCapitol Hillneighborhood ofSeattle.The company targeted drivers who made occasional use of a vehicle as well as drivers who wanted occasional access to a vehicle of a different type than they use day-to-day. Flexcar claimed that the service was economically beneficial to anyone whose car would be away from their home about 15 hours a week and did not need a car for their daily commute to work.

In several of its cities, the company had formed a public–private partnership with localpublic transitentities. For example, in Seattle, they were partnered withKing CountyMetro Transit, which operatesthe area'sbuses.

In April 2001, Flexcar became the first car-sharing company in the U.S. to expand to a second city by acquiring CarSharing Portland in Portland. At the time, Flexcar's customer base in Seattle included over 1300 members sharing 40 cars. Carsharing Portland, which began business in March 1998, had at the time of its acquisition over 500 members with 25 vehicles in and around downtown Portland.

The company also startedan initiative to convince Downtown Seattle employers to join their program as business members rather than maintaining their ownfleet vehicles.Other market segments included placing vehicles at transit stations to provide "last mile"connectivity between transit and suburban office locations and providing subsidized vehicle access as part of low-income" jobs access "programs.

In August 2005,Revolution LLC,the holding company owned bySteve Case,founder ofAmerica Online,purchased a 60% holding interest in Flexcar. The company announced that this investment would lead to a rapid expansion of their operations.

In January 2007, Flexcar changed their billing structure of their hourly rentals. These changes replaced their flat fee for avariable pricingplan, which calculated cost on peak and non-peak hours with mileage limited to 150 miles per day. Members were notified on the organization's website and by letter that, "[v]ariable pricing provides two benefits. Members with flexible schedules can now save money by reserving the car during its 'off-peak' time, in this case, on the weekend. Because some members will shift their trips to 'off-peak' times, the car’s availability should also improve during its 'peak' times as well."

On October 30, 2007, Flexcar executives announced amergerwith car-sharing rivalZipcar.The merger consolidated the operations of the two corporations. Executives from both companies, in the announcement of the merger, stated that the Flexcar headquarters in Seattle would be closed, possibly resulting in the loss of jobs as operations transferred to Zipcar's headquarters in Boston.

See also

• Transportation in Seattle
• Transportation in Portland, Oregon
• Transportation in Los Angeles