New App Lets You Rent Out Your Car (LiveScience.com)

Thursday, May 26, 2011 3:01 PM By dwi

A new iPhone app allows automobile owners to share their cars with others and potentially create thousands of dollars apiece assemblage in property income.

The new peer-to-peer car-sharing assist Getaround aims to attain use of the 250 meg personal vehicles in the U.S. that set indolent an cipher of 22 hours apiece day. The company and its app enables automobile owners to "un-idle" their cars and equilibrize the cost of container control by sharing it with others.

For the assist to work, users install a Getaround Carkit in their container that combines GPS, Wi-Fi and keyless far technology. The app then allows users to conduct entire transactions, including reserving, stipendiary for and unlocking cars, using null but their iPhone.

On average, owners crapper earn most $2,000 apiece assemblage for every distance a period their automobile is rented. Members crapper also rent someone's automobile for as lowercase as $3 an distance and crapper keep it by the hour, period or week.

"Getaround frees grouping from the burden of automobile control by motion an idle, costly, and underutilized quality into something that crapper create revenue, and the Getaround Carkit and smartphone profession attain car-sharing safe and accessible to everyone," Getaround originator and CEO Sam Zaid said in a statement.

To support with safety, Getaround allows automobile owners maintain complete control over their cars by setting the pricing and availability. Owners also have the option to approve apiece property letter individually. They crapper also monitor and track the container to attain sure the container is being utilised properly.

In addition, cars are awninged by premium shelter provided by Getaround and county Hathaway, so if something goes wrong, the shelter module counterbalance it.

This story was provided by TechNewsDaily, a miss place to LiveScience. Reach TechNewsDaily grownup illustrator Samantha Murphy at smurphy@techmedianetwork.com. Follow her on Twitter @SamMurphy_TMN

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