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- 2008-01-07
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http://ca.autos.yahoo.com/p/2530/how-to-rent-your-car-for-cash
Neil St. Clair owns a BMW 5 Series and if you want, he'll let you drive it for $15 an hour or $75 a day.
St. Clair -- like thousands of people -- doesn't actually need his car all the time, so he's decided to take advantage of a new peer-to-peer car sharing service that allows him to rent his car out to strangers and defray his ownership costs.
"With monthly payments and insurance, I was in the black last month," he said. "Basically, I have the car for free."
He made about $700 in May, he said, his first month using the site.
But for St. Clair and a lot of others, it's not just about the money. They like the fact that their unused car is doing someone some good.
"I'm glad I can help people out when the car is just sitting there as dead weight," said St. Clair.
St. Clair rents his car through a national company called RelayRides. A smaller competitor, Getaround, operates in California's Bay Area, Portland, Ore. and Austin, Texas.
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Neil St. Clair owns a BMW 5 Series and if you want, he'll let you drive it for $15 an hour or $75 a day.
St. Clair -- like thousands of people -- doesn't actually need his car all the time, so he's decided to take advantage of a new peer-to-peer car sharing service that allows him to rent his car out to strangers and defray his ownership costs.
"With monthly payments and insurance, I was in the black last month," he said. "Basically, I have the car for free."
He made about $700 in May, he said, his first month using the site.
But for St. Clair and a lot of others, it's not just about the money. They like the fact that their unused car is doing someone some good.
"I'm glad I can help people out when the car is just sitting there as dead weight," said St. Clair.
St. Clair rents his car through a national company called RelayRides. A smaller competitor, Getaround, operates in California's Bay Area, Portland, Ore. and Austin, Texas.
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