The Money Mustache Community
Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: studentdoc2 on May 16, 2014, 12:27:05 PM
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I was checking (obsessing?) about my budget and spending on Mint today, and one of their little adds popped up for a company called RelayRides (https://relayrides.com/). Basically, you list your car and can rent it out to people for a price you set per day/week/month. You can reject people if you don't like them or happen to want to use your car that day. The company covers insurance/damages, the customer pays for gas, and you get 75% of the renting cost. Renting out my car when I'm not using it? Is this too good to be true? I wouldn't expect to pull the $1000/mo they claim some people can make, but even a tenth that to offset gas and insurance would be heaven-sent.
Has anyone heard of this? Too good to be true or worth a try?
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Why would people do this instead of renting a car from a company?
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Why would people do this instead of renting a car from a company?
I think the idea is sort of like ZipCar or iGo -- you can choose what type of car you want (e.g., if you need to rent a truck to move something or a minivan or whatever) -- and it might be cheaper? Plus you could rent a car from someone in your neighborhood, I suppose....