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EASYCAR LAUNCHES NEW UK SOCIAL CAR HIRE SERVICE easyCar Club is the UK’s only peer-to-peer car hire service easyCar Club Key Facts: 

Car Owners can earn in excess of £3,500 per car, per year



All cars comprehensively insured



Includes free RAC roadside assistance and recovery cover, worth over £100



Drivers benefit from cheaper car hire, in convenient locations



Service is the brainchild of Sir Stelios Haji-Ioannou (easyJet founder) and PROfounders Capital, and backed by Brent Hoberman (lastminute.com founder)

February 3rd 2014, London, UK: easyCar today announces the nationwide launch of easyCar Club, its innovative peer-to-peer car hire service. easyCar Club will allow car owners to make money by renting out their cars, while helping drivers save money through cheaper, more convenient, local car hire. easyCar Club’s peer-to-peer model lets car owners rent their car to other club members when it is not being used, earning money for every day that it is hired. Owners can make in excess of £3,500 per year, and in the London trial owners have made on average £1,800 per year(or £150 per month) from each car registered. The easyCar Club’s comprehensive insurance package protects the owner’s car (and no claims discount) for the period of the rental. With the cost of motoring continuing to rise, easyCar Club will help over-stretched households offset the cost of car ownership, while offering those without a car a cheaper and more convenient way to hire. Cars are currently available from as little as £25 per day, and could be even cheaper as owners set their own prices. Following on from the success of other peer-to-peer services such as airbnb (which lets homeowners rent out rooms in their house) and ParkatmyHouse (driveway rental), the service will look to capitalise on the growing trend for sharing and renting rather than owning and buying. As well as significantly lower rental rates, drivers will benefit from the convenience of being able to search for cars in their own neighbourhood, meaning the nearest vehicle could be just a few streets away (rather than at a car rental depot). Drivers will also have a huge range of vehicles to choose from, enabling them to choose the right car for their budget and to suit the occasion, be it a nippy hatchback for weekends away or a spacious estate for a trip to Ikea.

Name|Jodie Simpson / Oliver Edwards Email|[email protected] Telephone|+44 (0)20 7592 1200

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Following a successful 2013 trial in London, easyCar Club is now open to join for free - for owners and drivers - across the UK from today. Car owners in both urban and rural areas will be able to register provided their car is less than ten years old and has a replacement value of less than £25,000. All registered cars will benefit from free RAC roadside assistance and recovery cover (worth over £100 per year). Richard Laughton, CEO, easyCar, comments: “easyCar Club is an innovative concept which we believe will bring something really different to the car rental market in the UK. The service rewards both owners and drivers, offering increased convenience, choice and peace-of-mind and, most importantly, a way to make and save money. This is exactly the kind of groundbreaking service for which easyGroup companies have been renowned since the launch of easyJet almost two decades ago”. Johnny Douglas, 38, from Spitalfields, East London, has been using the service for the past year. He comments: “Living in Central London, I tend to either walk or use public transport for my day-to-day travel and just use the car at weekends or for the occasional evening out. This meant that it was sitting idle for most of the week. So far I’ve earned over £1,000 by renting it out with easyCar Club, which is money that I can put towards fuel, servicing, road tax and all the other mounting costs that come with car ownership.” About easyCar Club  The UK’s only peer-to-peer car rental service, helping owners make money by renting out their cars, and drivers save money through cheaper, more convenient local car hire 

Service is the brainchild of Sir Stelios Haji-Ioannou(easyJet founder) and PROfounders Capital. The service is also backed by Brent Hoberman (lastminute.com founder)



Car owners can earn more than £3,500 per year for each car listed, and an average of £1,800 per year (or £150 per month)



Car owners stay in control by setting the prices they charge for use of their car, selecting when it is available for hire, and accepting or rejecting offers from drivers who want to hire their car. Members rate each other after each car rental.



Partnership with Zenith Insurance offers car owners complete peace-of-mind. The owner’s insurance and no claims discount are unaffected, as drivers are comprehensively insured by easyCar Club for the full duration of their rental. There is no need for owners to advise their insurance company each time their car is hired.



Drivers, once accepted in to the easyCar Club, can search for and drive cars in their local area without any need for further admin or paperwork. All Drivers are vetted carefully when they initially register.



Insurance databases and driving records are checked upon enrolment to ensure that only responsible drivers join the Club. Drivers must be over 25 and under 70 years old, must have been living in the UK for at least 3 years, must have a valid UK/EU driving license and have been driving for a minimum 12 months. They must also have fewer than six speeding points on their licence and must have no driving convictions.

Name|Jodie Simpson / Oliver Edwards Email|[email protected] Telephone|+44 (0)20 7592 1200

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Feedback system allows all car owners to rate and review the members who drive their cars, and vice versa



Drivers simply choose the car they want to hire for the dates they want, book and pay for the car online, then collect the keys at the allotted time (either from the owner themselves or a secure Key Safe)



All cars registered with easyCar Club receive complimentary RAC roadside assistance and recovery cover from their first rental, and this cover then applies to the car even when it isn’t being hired out.

Name|Jodie Simpson / Oliver Edwards Email|[email protected] Telephone|+44 (0)20 7592 1200

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