Is IGO right for your business?
Many companies occasionally need a car, but don’t necessarily want to own a company car. Organizations and businesses use IGO for workday employee mobility. If your employees prefer to ride transit or bicycles to work, but still occasionally need a car for meetings and appointments, IGO can help by freeing you to focus on what’s really important: your business.
IGO might be perfect for your business or organization if you:
- have two or more drivers
- need to streamline transportation and focus on core business
- need to improve predictability in service, cost, and fleet
- need to cuts costs on city and suburban car rental and taxis
- are adding to your social and environmental responsibility strategies on a
- are applying for Leadership in Energy and Environmental Design (LEED) certification from the U.S. Green Building Council (USGBC)
Public agencies and fleet managers
Many vehicle fleets—if their total monthly per-vehicle costs are divided by hours of actual use—cost upwards of $15 per hour to operate. Faced with increased financial constraints, public agencies and private companies alike are looking closely at their fleets, and working with IGO to “right size” their fleets. Some find that it’s more economical to eliminate all of their in-house vehicles; others keep some vehicles, but sell off those with lower utilization, and use IGO to fill the gaps.
Universities, hospitals, and other campuses
Universities, hospitals, hotels, and corporate campuses are often located in dense urban areas where real estate is expensive and parking is scarce. Accommodating cars with new parking structures typically costs between $25,000 and $40,000 per space. IGO works with several Chicago universities to reduce parking demand. This program has significantly decreased parking demand for a fraction of what it would have cost to increase the on-campus parking supply.
Condo, apartment, and office buildings
Supplying two parking spaces for every 1,000 square feet of living space has long been the norm in U.S. cities. Amazingly, this code requires equal amounts of urban land to be used for parking as is used for housing and offices. By offering shared IGO vehicles for a building’s residents, developers can reduce the overall parking demand—and offer residents a money-saving amenity. Everyone benefits from this arrangement:
- The city attracts more development without having to subsidize expensive parking structures.
- The developer saves money on parking construction and reduces overall development
- The developer earns a LEED credit.
- The property manager can offer an on-site IGO car as an attractive amenity.
- Residents reduce their cost of living and live healthier lifestyles by driving less and relying more on car sharing, public transit, walking and biking.