I was amazed to learn from my girlfriend Dana, that when she wants to rent a car in her hometown of San Francisco, she uses a service called Getaround. Just like Airbnb, people are privately renting their 🚗 cars in an on-demand car-sharing app. 

Dana said people are renting cars from a Prius to a Tesla, all from a smartphone. They are renting cars for a few hours to a few weeks. It’s all up to the arrangements made between the owner and the person renting.

I asked Dana why she rented cars from Getaround as opposed to Hertz or Avis. She said Getaround usually has an available car within a few blocks from her home, she can use a car for an hour or two, and she gets to pick a new type of car each and every time she rents. I was truly astonished by the whole concept. I couldn’t understand why car owners would want to rent their automobiles. The app explained car owners can make thousands of dollars a year. 

With that in mind, expect a whole new industry to pop up.