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Renting a car has gotten expensive and the big rental companies may not have the car you want. Enter carsharing services, which let people rent out their cars to others who need a ride. The ...
Renters need a driver’s license, validated through the app, and must be 18 years old in the US, but they do not need personal car insurance, similar to traditional rental companies.
Rent Out Your Car Another one of the best passive income opportunities is renting out your car on a site like Turo. It's basically the Airbnb of cars, and, according to Turo, the average annual ...
Peer-to-peer carsharing is a form of person-to-person lending or collaborative consumption, as part of the sharing economy. [1] The business model is closely aligned with traditional car clubs such as Streetcar or Zipcar (est. in 2000), [2] but replaces a typical fleet with a ‘virtual’ fleet made up of vehicles from participating owners. [3]
Turo Inc. is an American peer-to-peer carsharing company based in San Francisco, in the United States.The company allows private car owners to rent out their vehicles via an online and mobile interface in four countries (the United States, Canada, United Kingdom, and Australia) [4] and new corporate owners to rent out their cars in France in addition to the four previous countries.
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