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