06-21-2012, 04:50 PM
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Member
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Join Date: Apr 2010
Location: New York City
Posts: 742
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Would you rent your Beemer?
Quote:
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.
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Rent your car for cash - Yahoo! Autos
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