1CAR1 Have Gone Bust...

The recession is taking a lot of big names out - Woolworths and Chelsea Coffee to name a few... but as a regular 'renter-of-cars' I use 1CAR1 almost every week. Living in London means that I travel to and from work by train, and I use public transport to get almost everywhere. I rent a car at least 2 or 3 times a month, at weekends so that I can go and see my parents in Essex.

I returned my car to the Kings Cross branch of 1CAR1 on Monday and found out that they had gone into administration. I later read in the newspaper that 1CAR1 has over 800 employees and 18,000 vehicles!! I guess with the financial services battered, they can't get finance on all those cars!!

RIP 1CAR1

To read about their demise, see http://www.guardian.co.uk/business/2009/mar/18/1car1-in-administration