Wednesday, August 2, 2023

Earn extra cash by renting out your vehicle

You can earn extra cash by renting your vehicle through car sharing. It is not a ridesharing service. It is more like Airbnb, but for cars.


Turo is the world's largest peer-to-peer car-sharing marketplace.

Turo provides a platform where vehicle owners can make extra money by renting out their vehicles to those in need of transportation, whether for out-of-town travel, a temporary need for a car because your car is currently inoperable, or test-driving a specific vehicle you'd like to own, etc. Turo connects local vehicle owners with people looking to rent a car in their area.
You can learn more about Turo, for example, about insurance, trip costs, how to rent, how to find a car, etc., by visiting their website or downloading the app from the AppStore for iPhone and Google Play for Android.

Turo will take between 10% and 40% of the total price of the rental, depending on the coverage plan the vehicle owner purchased.

Uber Carshare

Uber, the popular ride-sharing company, is also launching a peer-to-peer car-sharing service that will allow people to earn money by lending their vehicles.

With Uber Carshare, owners can set daily and hourly pricing. No advance booking is required.

The cost covers fuel, but you will have to buy insurance from their options.

You can learn more about Uber Carshare by visiting their website.