Peer to Peer Car Rentals Take Off in US
Peer-to-peer car sharing service Getaround recently unveiled the Getaround Carkit™—the first all-in-one device for enabling car owners to safely and easily share their cars and potentially generate thousands of dollars per year in rental income.
Getaround enables car owners to “un-idle” their cars and offset the cost of vehicle ownership by sharing with friends, co-workers, and neighbors, while people seeking cars are provided easy, affordable access to vehicles everywhere. The Getaround Carkit combines GPS, Wi-Fi, and keyless remote technology to allow safe and simple sharing of cars, and is the first device designed exclusively for peer-to-peer car sharing. On average, car owners can earn $2,000 per year for renting their cars.
How threatened are rental car agencies? We shall soon find out. Since this rental model is based on hourly rentals, its main competitor is zipcar. Stay tuned as the peer to peer car rental concept is rolled out across the US.
I wonder when someone will apply this same concept to the rent to own car industry. I think it could work. Peer to peer rent to own cars, now there’s an idea. =)
Why Rent to Own Cars are the Next Big Thing
Getting financed these days is difficult – especially if you have bad credit or no credit at all. This is why there are so many people looking for rent to own cars.
If you’ve made it to this page, chances are you’ve already heard about rent to own cars and how relatively easy it is to qualify for one. This method of buying a car is becoming more and more popular every day now, especially now during these tough economic times.
How Rent to Own Car Programs Work
When you sign a rent to own contract for a car you pay a lower monthly payment than you would for a cal loan. A portion of this payment goes towards your ownership – much like in a lease to own contract for a home. Unlike the common lease to own transactions, when you finish making your renal payments for a rent to own car you own the car outright. No future payments or balloon payment expected. Read More…
NC Used Car Dealer Publishes Book
Tracy Myers just announced the release of the first image from his upcoming book, Uncle Frank Sez: A View From The Front Porch Of A Self-Made Man.
Myers, who is commonly known as the Nation’s Premier Transportation Solutions Provider, has been working on the book for more than 10 years.
He is currently the owner of Frank Myers Auto Maxx, used car dealership in Winston-Salem NC, which specializes in helping people find, qualify for and own the vehicle of their dreams with little or no money down, even with less than perfect credit. Read More…
What to Bring to a Rent to Own Car Dealer
What do I need to bring when I visit a Buy Here Pay Here dealership?
Bringing the correct documentation to the buy here pay here dealership is a very important process before purchasing your vehicle. This process if done correctly can expedite the buying process. 
Below is a list of items to bring to your buy here pay here dealership:
-Driver’s license
-Recent pay stubs. This tells the dealer you currently have a job.
-References. Your reference list can include your friends, family and/or co-worker.
-Proof of Residence. The longer you’ve been living at your current address the better.
-Utilities bills. A recent electric or gas bill can tell the dealer you’ve been paying your recent bills on time.
-Proof of Auto Insurance
-Social Security Number
Learn more: Buy Here Pay Here Car Lots
