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Tech Cafe Tech Cafe

In a pinch for cash? How to loan your car to strangers for a fee

Posted by on Apr. 30, 2012 at 2:38 PM
  • 16 Replies

 Feel horrified at the idea of a total stranger driving your beloved car? What if we tell you that you can earn cash for loaning your ride to various folks from the internet? A new type of car rental service has recently emerged, one in which the vehicle owners are individuals who just want to earn some cash rather than companies.

One of the newest among these services is Silicon Valley startup,
Wheelz, which focuses on campus car sharing in select universities: Stanford, UC Berkeley, UCLA, and USC. If you study in one of these institutions and are interested in loaning and borrowing a car, you need to sign up on the Wheelz website using your Facebook account. You have to go through a screening process to make sure your driving records are clean before you can actually borrow a car. But once you're done with the screening, you only need to sign in on the Wheelz app to find the nearest available vehicle whenever you need one.

Wheelz isn't the only company that offers this type of service — there's also
Getaround, RelayRides, and JollyWheels. While lending your car to someone you've never met before does sound odd and dodgy, it may be a good way to put your car to work while you're doing something else, and it's just gathering dust in a garage or a parking lot.
(Source)

by on Apr. 30, 2012 at 2:38 PM
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Replies (1-10):
kimsardo
by on Apr. 30, 2012 at 2:39 PM

 I'd have to be in some serious trouble to consider this.

sarahjz
by Platinum Member on Apr. 30, 2012 at 3:41 PM

Hmmm....that's a no.  I'm sure my insurance wouldn't cover it if they were in an accident.

EbonySnow
by Desiree on Apr. 30, 2012 at 3:53 PM

 hmmmm no

storkradio193
by Bronze Member on Apr. 30, 2012 at 5:03 PM

I can't ever see myself doing this.

http://www.cafemom.com/home/storkradio193

johnny4ever
by on Apr. 30, 2012 at 5:32 PM

pass..

Ladyisis
by on Apr. 30, 2012 at 7:16 PM

I don't think my insurance company would like this. I think there may be trouble with these new sites and renting out your car. I wouldn't do it that is for sure.

kerryket
by Kerry on Apr. 30, 2012 at 8:24 PM

 Nope.

kerryket
by Kerry on Apr. 30, 2012 at 11:37 PM
Oops, looking at my bank account and rethinking, lol!
robertmommie
by Renee on May. 1, 2012 at 5:39 AM

Umm no.

abernathyvanna
by Vanna on May. 2, 2012 at 11:09 AM

I don't think so.

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