Maven Will Let GM Owners Share Their Cars To Earn Extra Income
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Maven, General Motors’ personal mobility brand, has branched out yet again. On Tuesday, the service announced it will launch peer-to-peer car sharing, which will allow owners of GM vehicles to rent their cars out when not in use.
Called Peer Cars, the new service lets the owner of a 2015 or newer Chevrolet, Buick, GMC or Cadillac vehicle share their car with a fellow Maven member. Maven said the service is available to all owners and eligible lessees. It’s unclear how rates will work and how much an owner can make by renting out their vehicle.
“Your car is one of the most expensive things you own. Sitting idle, it is a wasted asset,” said Julia Steyn, vice president, General Motors Urban Mobility and Maven. “It’s time to put your car to work. Maven’s peer-to-peer offering is a smart way for owners to offset their vehicle investment.”
Members can begin listing their cars for Peer Cars now on the Maven website and the service has entered a beta period in Chicago, Detroit and Ann Arbor. All vehicles listed through Peer Cars will be covered by a $1 million insurance policy and GM reiterated that every Maven member is thoroughly vetted before approval to share a car.
Maven will announce additional cities to launch Peer Cars this fall.
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I will be damned if I will farm out my $50K vehicle to some Stanger.
Yes vehicles are expensive but even more money to lose if someone treats it like a rental like it is.
Sorry I am not into all this collective rent your house, cars etc. out.
Maybe I am too old or maybe I am too wise……
I have never had a rental car that was not cared for like it was owned by the renter.
Could not agree more. In today’s world fewer and fewer drivers pay attention, they are even less likely to care when they are driving “your” car or truck. Thieves will also love these programs, before you know what happened, your SUV is on a container ship.
It’s been proven that car sharing is very hard on vehicles. BMW pulled out of Brooklyn entirely with their ReachNow car sharing program due to excessive damage and high maintenance of vehicles.
Worse yet what if the driver is hauling drugs and leaves evidence in the car you may not have found. It could give you a headache you do not need with a German Sheppard going nuts.
Anyone dumb enough to participate in this, deserves whatever they get. The stupidity of the average person continues to stagger me.
This will allow GM car owners to rent their vehicles when not in use. Very good application.