Canadians can now rent their personal vehicle to others through a U.S. company that has just launched in this country.
"We're actually the first company to bring the benefits of peer-to-peer car rental to Canada." says Cedric Mathieu, director at Turo Canada.
"It's an entirely new way for you to start making money out of your car."
http://www.cbc.ca/news/business/turo...541343?cmp=rss
Another company looking to make money off the stupidity of its clients. If they can do it 30% cheaper than car rental companies, and take 35% for themselves, someone is eating the difference, and it just may be the people "making money out of their car".
Oh yes, more of the "sharing economy" wonders at work.
In practice I suspect you'll end up with a number of grey-market fleet rental companies with a 1/2 dozen or so beaters near the end of their usable lifecycle (or the 10/year 200k limit listed in the article), with very few regular folks renting out their vehicles for some extra coin.
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I can't believe anyone would rent out their car to a stranger. The thing that has about 500 things that can go wrong mechanically, can get body damaged in so many ways for so many different reasons, and that's not to mention things like photo radar tickets, people using your car to rob a bank, and even the idea of some slob eating a hamburger and smoking cigarettes in it.
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Ya, it's gonna be awesome if neighbor Joe Blow decides to start a rental fleet out of his driveway/spare street parking.
I just can't imagine deciding that ya, I'm gonna let strangers drive my car. My philosophy with a rental is "not mine, never will be" and I drive it like that. I never do any outward damage, but I sure don't drive it carefully like my own vehicle.
Ya, it's gonna be awesome if neighbor Joe Blow decides to start a rental fleet out of his driveway/spare street parking.
I just can't imagine deciding that ya, I'm gonna let strangers drive my car. My philosophy with a rental is "not mine, never will be" and I drive it like that. I never do any outward damage, but I sure don't drive it carefully like my own vehicle.
I wonder if this could work with lease vehicles. I sure don't care about someone riding the engine hard or anything like that, beyond physical outside damage (which I assume will be covered by this company like airbnb does) I'm handing the keys back to a dealership every 2 years anyway.
Oh yes, more of the "sharing economy" wonders at work.
In practice I suspect you'll end up with a number of grey-market fleet rental companies with a 1/2 dozen or so beaters near the end of their usable lifecycle (or the 10/year 200k limit listed in the article), with very few regular folks renting out their vehicles for some extra coin.
Isn't that what Rent a Wreck is/was? I don't know if Rent a Wreck is still around.
Would rather rent my apartment out than my car. I use car share a lot in a one-car household and those cars get completely mangled. Dings, scrapes, scratches, blown speakers, curbed rims. I have no idea who is driving these things. Once, I was waiting for a car and when it pulled up, the lady tossed it into park while still rolling forward.
Initially, I thought that people would treat the cars like I do - as if they were my own. Definitely not the case.
Geez you guys, it's not like you need to tell the government about taxes you should be collecting, or the lender you are going to turn your lease into a business. It's the sharing economy! Shares for everyone!
Rent your car to strangers...
