My parents recently gave me their old car. I bike to work everyday, so it's mostly sitting in the driveway between monthly Costco runs. In Portland, OR, there's a peer-to-peer car sharing company that facilitates renting out your car when you're not using it. I rented from them a few times before I owned this car and had great experiences. The company, GetAround, covers insurance for the rentals and checks driving records before people can join. Newer cars can even be unlocked/locked during the rental period through their smartphone app (but my car is not new enough for that).
I'm wondering if I should list my car and potentially get some money back for the time it would otherwise by sitting around. At this time I'm not considering selling the car. The insurance cost, $60, is only slightly more than I paid for 3 rentals per month before, and my parents really like having given me a car (in their minds = safety/security).
Pros:
I could get $4/hr or $17/day gross income
Cons:
Not sure of demand for my car (older, but good shape. Also most cars listed in my area are manuals, so my automatic may have more demand)
Increased wear & tear
Renters can neglect to replace gas they used
Key hand over: in person? use a lock box and change the code for each rental?