Business lets you rent your car, earn money

Business lets you rent your car, earn money


MORE AND MORE BUSINESSES ARE HELPING YOU FIND CREATIVE WAYS TO SAVE- OR áMAKE MONEYá USING YOUR HOME OR CAR. AIR B’N’B AND UBER HAVE PROVEN TO BE SUCCESSFUL AND NOW A NEW TAKE ON A SIMILAR CONCEPT.NEWS 8’S LAURA HUTCHINSON IS STRETCHING YOUR DOLLAR WITH A LOOK AT HOW SOME PEOPLE ARE MAKING MONEY OFF THEIR CAR. 3 TURO IS A COMPANY YOU MAY NOT HAVE HEARD OF YET BUT THE CONCEPT IS SIMPLE AND SIMILAR TO THAT OF AIR BNB. ONLY THIS COULD SAVE CAR RENTERS MONEY OR MAKE CAR OWNERS A LITTLE BIT OF EXTRA CASH IF YOU DON’T MIND HANDING THE KEYS OVER. YOU’VE HEARD OF AIR B ‘N’ B WHERE YOU RENT OUT YOUR APARTMENT OR HOME – THERE’S UBER WHERE YOU CAN MAKE MONEY BY DRIVING PEOPLE AROUND AND NOW THERE’S TURO. IT COULD BE THE NEW THING TO SAVE CAR RENTERS MONEY OR MAKE YOU EXTRA CASH.YOU JUST NEED TO BE WILLING TO HAND OVER YOUR SET OF WHEELS TO STRANGERS.SOT SARAH BERNARD – LIFESTYLE EXPERT42:17 IF YOU HAVE A CAR THAT IS NEWER THAN A 2005 AND HAS LESS THAN 130,000 MILES ON IT, YOU CAN ACTUALLY OFFER YOUR CAR UP FOR RENT ON THIS SERVICE. 42:23HERE’S HOW IT WORKS – YOU LIST YOUR CAR IN DETAIL – AND PEOPLE RENT IT FROM YOU. COULD BE A FEW HOURS OR A COUPLE OF DAYS! WE CHECKED AND FOUND A NUMBER OF PEOPLE IN CONNECTICUT ARE ALREADY DOING IT.LIFESTYLE EXPERT SARAH BERNARD SAYS IT MAKES FOR A CHEAPER OPTION FOR CAR RENTERS AND A REAL OPPORTUNITY FOR YOU TO MAKE MONEY ON THAT CAR SITTING YOUR DRIVEWAY.42:23 THE COOL THING ABOUT IT IS ON AVERAGE, ACTIVE OWNERS ACTUALLY MAKE ABOUT $600 PER MONTH RENTING OUT THEIR VEHICLE, AND IF YOU THINK ABOUT IT YOU CAN PRETTY MUCH OFFSET THE ENTIRE COST OF OWNING A CAR IF YOU DO THIS. 42:36THE SITE ALSO HAS A RATING SYSTEM, SIMILAR TO UBER SO YOU HAVE A BETTER IDEA OF WHO’S TAKING YOUR CAR OR HOW RELIABLE THE PERSON IS YOU’RE RENTING FROM. SO, WHAT DOES THIS MEAN FOR YOUR INSURANCE IF SOMEONE GETS INTO AN ACCIDENT USING YOUR CAR? BERNARD SAYS RENTERS WOULD BE COVERED UNDER A TURO RENTERS POLICY AND YOUR PERSONAL INSURANCE WOULDN’T BE IMPACTED. THAT IS CERTAINLY SOMETHING TO ASK MORE ABOUT BEFORE YOU HAND OVER THE KEYS. IT’S ALSO EXPLAINED ON THEIR WEBSITE WHICH I’LL LINK YOU TO ON WTNH.COM. HELPING YOU STRETCH YOUR DOLLAR – I’M LAURA HUTCHINSON NEWS 8.