Rent Your Car, Make Money: New Website Claims To Be ‘Airbnb For Cars’

Rent Your Car, Make Money: New Website Claims To Be ‘Airbnb For Cars’


TO SPLIT OPEN. APPLE LAUNCHED ITS I-PHONE 8 TO MIXED REVIEWS LAST MONTH. IT’S LIKE AIR B AND B FOR CARS. THEY CAN RENT THEIR WHEELS TO TRAVELERS. USERS SAY IT’S SAVING THEM CASH. JENNIFER WENT ALONG TO FIND OUT HOW IT WORKS. I SHOULD BE ABLE TO BE THERE IN 15-20 MINUTES HE BOUGHT A NEW SUV AND WONDERED IF HE COULD USE HIS OLDER ONE TO MAKE MONEY INSTEAD OF SELLING IT. I THOUGHT MAYBE I COULD RENT IT. Reporter: HE SIGNED UP FOR THE SERVICE THAT ALLOWS REGULAR PEOPLE TO RENT OUT THEIR CARS YOU TELL THEM THE YEAR AND MAKE OF THE CAR YOU UP LOAD PHOTOS AND YOU BASICALLY ENTER BASIC THINGS LIKE AVAILABILITY. Reporter: YOU CAN SELECT THE MAKE, MODEL OF YOUR CHOICE I GOT A CAR, I’M NOT USING IT CONSTANTLY. IF SOMEONE WILL PAY ME TO USE MY CAR, IT’S A NO-BRAINER. HE WILL DRIVE THE CUSTOMER BACK TO THE HOME WHERE THEY DO A WALK THROUGH. THAT’S A LITTLE PIECE OF DAMAGE. THAT’S THE ONE EXTERIOR DAMAGE. THEN HE HANDS OVER THE KEYS THEY OPTED FOR THIS KIND OF RENTAL ON AN EXCURSION AROUND THE STATE. IT’S CHEAPER. YOU HAVE PERSONAL CONTACT WITH THE PERSON THAT OWNS IT. HE EVEN HAGGLED THE PRICE. IT IS SAVING ME $100 IN NINE DAYS WE BELIEVE WE ARE IN A FOR FRONT IN A WAY PEOPLE LOOK AT THEIR POSSESSIONS Reporter: IT WORKS WELL FOR THOSE LOOKING FOR MODIFICATION LIKE A BIKE OR SKI RACK THERE ARE PROTECTIONS IN PLACE FOR OWNERS AND RENTERS WE FEEL THAT WE PROVIDE A MARKETPLACE THAT IS SAFER THAN THE GENERAL MARKETPLACE AND TRANSPORTATION AND WE WERE ABLE TO DO THAT IS PROVIDE AN INSURANCE POLICY THROUGH LIBERTY MUTUAL SCREENING TRAVELERS AND HOST TO PROVIDE RATINGS AND ROADSIDE ASSISTANCE. SO FARRING IT’S WORKING IN HIS FAVOR. I AVERAGE SOMETHING ABOUT $40 A PROFIT PER DAY. I THINK THAT IS THE THING I LIKE ABOUT IT. IT’S A BUSINESS THAT ALLOWS SOMEONE LIKE ME TO LET SOMEONE RENT AND MAKE A LITTLE MONEY AND THEY GET A CHEAPER DEAL. IT WORKS BOTH WAYS THEY OFFER DIFFERENT LEVELS FOR THE CAR OWNER.