This is carsharing.

Effective June 1: Changes to Modo’s rates

With your support, Modo has grown its fleet to more than 600 vehicles, serving over 20,000 members across 20 Lower Mainland and Vancouver Island communities. We set out to grow a movement, by providing an affordable and convenient alternative to vehicle ownership. Together we’ve made great progress, but there remains much work to be done if we are to significantly reduce dependency on the privately-owned car, and with that, reduce traffic, congestion, parking demand and GHGs.

This year we have seen our operational costs rise across the organization, from insurance and repairs, to fuel and parking, necessitating an adjustment to our rates. In order for Modo to continue to serve its members, grow its fleet and expand geographic coverage, it’s important that we cover the cost of operations, while making a very modest profit; which in turn is reinvested in the business.

Larger vehicles in our fleet (trucks, mini vans, cargo vans and SUVs), are more expensive to acquire and operate than our everyday cars. To recognize this difference and share costs as equitably as possible, we are introducing a new “Large & Loadable” pricing tier, effective June 1. As we adjust our rates, we remain confident that we are still the best value in town. Please carefully read the details below for an overview of all the changes. All bookings that occur on or after June 1st are subject to the new rates.

Modo Plus Members

What’s NOT changing

•    The hourly rate for Modo’s Daily Drives will stay the same at $5
•    The daily cap will remain a multiplier of 10 hours (e.g. 10 x $5 = $50 per day)
•    Guaranteed lowest price on every trip
•    Low overnight rates – 3 hour max. from 7pm–9am

What IS changing

•    The kilometre charge will go up by 5¢ – from 25¢ to 30¢ per kilometre
•    Vehicles in our new Large & Loadable category (trucks, mini vans, small cargo vans and SUVs) will increase by $1 – from $5 to $6 per hour
•    Vehicles in our Premium (Lexus and BMW) & Oversized (large cargo vans) category will increase by $1 – from $9 to $10 per hour

Monthly and Business Members

What’s NOT changing

•    The daily cap will remain a multiplier of 8 hours (e.g. 8 x $9 = $72 per day)
•    250 kilometres included per booking
•    The opportunity for Monthly Members to switch to Modo Plus for the guaranteed lowest price on every trip
•    Low overnight rates – 3 hour max. from 7pm–9am

What IS changing

•    The hourly rate for Modo’s Daily Drives will increase by 25¢ – from $8.75 to $9 per hour
•    The kilometre charge (on distances over 250 kms per booking) will go up by 5¢ – from to 25¢ to 30¢ per kilometre
•    Vehicles in our new Large & Loadable category (trucks, mini vans, small cargo vans and SUVs) will increase by $1.25 – from $8.75 to $10 per hour
•    Vehicles in our Premium (Lexus and BMW) & Oversized (large cargo vans) category will increase by $1.25 – from $12.75 to $14 per hour

Additionally, given the potential for volatility in fuel prices, we may introduce a fuel surcharge to equitably share the incremental cost should fuel prices rise above today’s rates.  Should that prove necessary, we will provide you with notice in advance.

The changes noted above will allow us to continue to provide—and improve upon—the service our members rely on, while remaining the most affordable carshare service in town.

If you have any questions, please get in touch with us at info@modo.coop, or call 604.685.1393 (Lower Mainland) 250.995.0265, (Victoria), 250.741.4141 (Nanaimo) or 250.469.6617 (Kelowna).

Modo Co-operative
Vancouver604.685.1393
Victoria250.995.0265
Nanaimo250.741.4141
Kelowna250.469.6617
Modo Co-operative
Vancouver604.685.1393
Victoria250.995.0265
Nanaimo250.741.4141
Kelowna250.469.6617
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