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Will Car Rental companies go the way of Video Stores?
Posted on 5/28/14 at 10:00 am
Posted on 5/28/14 at 10:00 am
Thinking rental car companies(hertz,enterprise, avis)....with uber and other taxi type incarnations along with rental of driverless Google cars(5-10 years)....how they all survive and why would they even be needed?
4
Posted on 5/28/14 at 10:03 am to Iona Fan Man
Look at Silvercar as a more likely disruption of Hertz, et al in the near-term.
I agree with you but think the time horizon for that is at least a generation, maybe two.
austiger
I agree with you but think the time horizon for that is at least a generation, maybe two.
austiger
Posted on 5/28/14 at 10:26 am to Iona Fan Man
They will likely just morph into a company more along the lines of cars2go & zipcar. Enterprise has already started doing this. Airports will be the only places you will see what we have today, just on a much smaller level IMHO.
Posted on 5/28/14 at 11:11 am to Iona Fan Man
Taxis and car rentals are entirely different niches.
Self driving cars assaults the former.
Not the latter.
Self driving cars assaults the former.
Not the latter.
Posted on 5/28/14 at 12:15 pm to Iona Fan Man
I have been in several situations where I needed to get from the airport to somewhere for a meeting, and back to the airport the same day. Renting a car was almost always cheaper than taking a taxi each way.
Remember what happened to the video stores: people didn't stop watching videos... they just changed the delivery method.
I definetly see some similarities in the "lack of customer concern" models of video rental and auto rental. Legitimate competition for rental cars will be a good thing. But, as others have said... I think Zip Car, etc are more challenges to taxi drivers than they are to rental car companies.
Remember what happened to the video stores: people didn't stop watching videos... they just changed the delivery method.
I definetly see some similarities in the "lack of customer concern" models of video rental and auto rental. Legitimate competition for rental cars will be a good thing. But, as others have said... I think Zip Car, etc are more challenges to taxi drivers than they are to rental car companies.
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