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I'm Saving You Money tonight on that hefty car payment and the cost of rising gas prices. More and more drivers are now sharing cars, an idea that's gained a lot of traction during an ever present economic downturn.
For J.R. Ridley, one swipe of this card and he's in!
JR Ridley, a Zipcar member says, "You can just reserve a car and go drive around."
Ridley is using the car sharing service Zipcar. For an $85 dollar annual fee and $8 for every hour he drives it. Zipcar names its cars and the car sharing company explains it cuts down on confusion in a catchy 'how to' video.
Zipcar rep says, "Find the one with the name tag that matches the one on your confirmation. Say hello to Focus Flapjack."
The one Ridley's using is named Berkley which he picks up in a specific parking lot at a specific time after reserving it online. "A lot of it is on the honor system where you show up and abide by the policies you agreed to."
Stacy Case says, "By some estimates, car sharing can cut your transportatin costs by 70% and members report savings of $600 a month or more."
We crunched the numbers and that's a savings of about $7 grand a year for Ridley. Zipcar and We Car are the two car sharing services with cars parked in lots all over Nashville, ready to roll. Both companies have outsmarted thieves. The key inside the vehicles won't work until the correct card is swiped.
Now even rental companies like Hertz are getting in on the game. In fact, Avis recently bought Zipcar. Another rental company figuring out it pays to share.
Ridley says, "They cover gas. They cover maintenance."
If you don't return your car on time or break any of the policies, these services can revoke your membership. So, that's the incentive to play by the rules. I want to hear your money saving ideas too. Share them with me on Facebook and Twitter at Stacy_Case17.
Tuesday, March 5 2013, 11:43 PM CST
Man pleads guilty to Memphis officer's murder
May 21, 2013 22:22 GMT
MEMPHIS, Tenn. (AP) -- A former death row inmate is set to be released from prison after he pleaded guilty to second-degree murder of a Memphis police officer.
Shelby County District Attorney Amy Weirich said Tuesday that she has accepted Timothy McKinney's guilty plea.
McKinney was convicted of first-degree murder for the fatal shooting of Officer Don Williams. The officer was killed outside a comedy club in December 1997.
McKinney appealed and won a new trial, which ended with a deadlocked jury. A third trial earlier this year also ended in a hung jury.
The Commercial Appeal reports that McKinney was sentenced to 15 years in prison. Since he's already served more than 15 years -- including 11 on death row -- McKinney will be released this week.
Williams' family opposed the settlement.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
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By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
IN THE NEWS: iPHONE RECOVERED AFTER THEFT IN OREGON
MEDFORD, Ore. (AP) -- A smartphone, plus a not-so-smart criminal -- equals an arrest in Oregon.
WASHINGTON (AP) -- George Washington University students will soon be walking all over the White House and the Capitol, too.