• James Posted: 5/12/2011 8:40am PDT

    The number is ridiculous ($7,400 per week) or ($2,300). Don't you mean that is per year. Because the maths don't add up, even if you rent out per hour and for 10 hours per week for like $6 and 8 hours a day, that still does not come to $2300. Also what is the final Owners' earning? Please be clear in numbers next time when you post it and don't try to show that rental companies will be out of business as this looks like Peer-to-Peer car sharing is way much expensive than rental cars. What I have read about P2P is not that they are creating a rental business in every home. That is not the Goal. So I completely 100% disagree on this post.

  • Kurt Posted: 5/12/2011 10:30am PDT

    James, good catch and my bad. The number should indeed be annual income, not weekly income, but there's no way to project earnings without knowing the detail of the vehicle (fuel economy, insurance cost, maintenance costs, etc.).
    For the record, I never represented that P2P car sharing would replace rental car business. In fact, I see the two as entirely dissimilar; P2P has an appeal for urban dwellers who occasionally need a vehicle, while rental car agencies better serve the needs of travelers and long term renters.

  • JKD Posted: 5/12/2011 10:52am PDT

    Ok, the weekly number is ridiculous ($370/hour) but so is the yearly number... Yes, I'm going to let someone drive my "luxury SUV" for "up to" $7.11/hour and pay for your gas too :-) Even if it were just pure profit (not revenue) to the car owner, $142/week is not worth the trouble (especially to the "luxury SUV owner") if I'm responsible for cleaning and maintenance. These numbers are off no matter how you look at them.

  • JKD Posted: 5/12/2011 11:00am PDT

    From the site:
    "4 two-hour reservations = $48"
    I can't wait for this service to come to ATL then - I'll be driving someone else's car (at this point I don't even care if it's the "luxury SUV" but it would be nice) for $6/hour, gas included :-) What kind of BS is this and who are those gullible owners.

  • Kurt Posted: 5/12/2011 11:19am PDT

    @JKD, the only way I'd offer up my vehicle is if it were purchased specifically for that purpose. I don't like when friends drive my stuff, let alone total strangers.

  • fb_1510606196 avatar Carl Posted: 5/13/2011 10:25am PDT

    Has anyone seen such an arrangement work out very long/well in any country? Doubt it.