Cost calculation and economic efficiency of carpooling

Abstract

Reducing the costs and environmental impact of passenger car transport is very important. However, people are often more interested in money savings. Carpooling is a passenger transport system in which the driver shares a seat or seats in his car. The system consists of a certain number of vehicles, users, and a coordination element. It is very different from Carsharing, in which the whole vehicle is shared. It is not easy to quantify the economic benefits of a carpooling system for the driver. The third chapter shows the cost calculation of operating a private passenger car. Currently, drivers can use various booking systems that recommend the optimal price for transporting one person for a specific distance. It is approximately possible to determine what travel fare the driver obtains in the carpooling. These revenues are in the fourth chapter of the article. The main goal is to evaluate the economic efficiency of carpooling by comparison of calculated costs and revenues. It shows the exact methodology of how it is possible to estimate the economic benefits of the carpooling system for individuals.