Housing co-op joins forces with community carshare co-op

Categories: News
Published on: March 21, 2015

On Co-op / Newsletter / 23 March 2015

Frank McLoughlin Co-operative Homes in Brampton ON recently joined the Community CarShare Co-op. Introduced by the Peel-Halton Co-operative Housing Federation, a car (or several) will be parked on site for members to use and share as required.

It is a wonderful initiative with many great benefits for members. In a housing co-op, those members on limited incomes may not be able to afford a car because of maintenance and insurance costs. This way, they have the use of a vehicle to run errands, for doctors or other appointments, or as a replacement mode of transportation in case of emergencies. It is also a great way for younger adults to get their driving experience without paying a fortune for insurance.

To become a member, each person pays a $10 refundable Member Loan. There are two types of membership: one is an occasional at $5 per month, the other is for regular usage at $40 per month.

  • Under the occasional plan, members pay $8 per hour for the first 4 hours, then $1 per hour after that.
  • Under the regular plan, members pay $5 per hour for the first 4 hours, then $1 per hour after that.
  • There is a 30 cent per kilometre charge, which includes the gas and insurance.

Compared to the cost of purchasing a car, plus the maintenance and insurance, members will be saving a fortune!