What is Enterprise Rideshare?

What is Enterprise Rideshare? It is a vanpool service that provides an alternative commuting solution. Who can participate? Any group of 4 or more people, who live in the same general area, and commute 20+ miles to a common workplace. Why Rideshare? The average vanpool… …participant saves $800/month ...reduces 12,500 lbs of CO2/month …saves 960 gallons of fuel/month …eliminates 19,200 commuter miles/month …frees up 8 parking spots What is included in the Enterprise Rideshare program?  Vehicle - Choice of minivans, crossover SUVs, large SUVs, and 15 passenger vans  Insurance - Zero-deductible insurance plan with collision coverage for the full value of the vehicle, $1 million auto liability coverage, and $100,000 uninsured motorist  Maintenance – Individual repair shops to service vanpools, bill sent to Enterprise with no out of pocket expense for the vanpool participants  Roadside Assistance – 24 hour assistance in event of a breakdown and 70 full-service locations in Kentucky and Southern Indiana to assist as well  Loaner Vehicles – Never left without a vehicle if van is in the shop for maintenance, breakdown, or is involved in an accident  Fuel Card Program – Split fuel costs evenly among riders  Guaranteed Ride Home Program – Never be stuck at work when you need to get home with 4 GRH’s per year with only a $5 co-pay  Online Ridematching and Agreements – Find a vanpool already in existence or start your own with a click of a button at enterpriserideshare.com  Dedicated Local Rideshare Support – Contact Sara Gooch ([email protected] or 502-479-4764) who is your Rideshare Client Service Rep, with all your Rideshare needs such as evaluation and formation of new vanpool groups, marketing support, and reporting and compliance Employee Benefits Dramatically reduce commute costs

Employer Benefits Zero required costs

Relaxed, stress-free commute

Increased employee morale and retention

Comfortable, new-model vehicle options Reduction in personal carbon footprint Potential for preferred parking and pre-tax payroll deduction

Carbon footprint reduction and tracking Parking congestion mitigation Potential cost savings via pre-tax payroll deduction of rider fares

Cost Comparison The following chart pulls information from the 2014 AAA ‘Your Driving Costs’ study for an average sedan. It is based off of a commute of 2200 monthly miles. For the single commuter, fuel estimates are based off of a 20 MGP average sedan. For the Rideshare vehicle, fuel estimates are based off of a 15 MPG van that seats up to 15 people.

Cost

Single Commuter Cost Per Month

Rideshare - 10 passengers Cost Per Rider Per Month

$1,225.00

-

$122.50

$3.28 per gallon

$360.80

$48.11

Maintenance

5.06 cents per mile

$111.32

$0

Tires

.0097 cents per mile

$21.34

$0

Insurance

$85.25 per month

$85.25

$0

Depreciation

$292.50 per month

$292.50

$0

$871.21

$170.61

Monthly Expense Rental Rate Fuel

Total

SAVINGS PER RIDER: $700.60 per month

The findings of the 2014 'Your Driving Costs' study: Based on Driving 15,000 miles annually Small Sedan

Medium Sedan

Large Sedan

Cost Per Mile

46.4 cents

58.9 cents

72.2 cents

Cost Per Year

$6,957

$8,839

$10,831

Sedan Average

SUV 4WD

Minivan

Cost Per Mile

59.2 cents

73.6 cents

65.0 cents

Cost Per Year

$8,876

$11,039

$9,753