FlightCar (YC W13), the Airbnb for Cars, Launches at San Jose International
mercurynews.com
mercurynews.com
I reserved my car on my phone at my layover in San Diego, received an email that provided a link that I should click once I got to SFO.
Got to SFO, clicked the link and I was provided a realtime map of where the driver was in route. The black car picked me up, took me to the FlightCar offices five minutes away and I rented a compact car for $119 for the entire week.
Fantastic experience.
[1] http://exchange.aaa.com/wp-content/uploads/2013/04/your-driv...
1) owner risk. you are letting a complete stranger rent your car for x days. You have no control over how good of a driver they are or how many miles they will drive. as mentioned in other comments (and a fact that my dad, who owns a brand name car rental franchise CONSTANTLY harps about) is that people who rent cars treat them like crap. Rental cars lose value almost 3 times as fast as cars driven by their owners.
2) insurance complications. My current insurance doesn't even let my girlfriend drive my car, technically. If the person that flightcar rent my car to gets in to an accident, not only am I liable, but my insurance won't cover it.
3) uber/lyft is a much less risky method of using my personal vehicle for extra income, plus I maintain control of my car. Why take on that extra risk for such little return? doesn't make sense. I'd rather be an uber/lyft driver to make the extra $$.
4) return not worth the risk. article states $15-20 parking fees per day that would be avoided. lets say i'm gone 1 day, thats $20 cost. An uber from my place to the airport is currently $10 each way, so $20 bucks total. I can either park for 1 day or take an uber for the same cost. Anything longer than a 1 day trip would be dramatically cheaper taking the uber, so I don't park there. I'm not letting a stranger rent my car to save $20.
thoughts?
Maybe it's Thursday late afternoon blue, but I am seeing less and less start ups from YC that really make me go "wow, what a neat idea to solve a problem that's been bothering me". Now all I am seeing is a lot of solutions going around looking for a problem.
1) If the renter drives more than 100 miles per day, we'll charge them $0.45/mile overage and return almost all of that to the owner. So it's not entirely uncontrolled.
2) FlightCar insures the renters, if they aren't already primarily insured by e.g. a credit card they own. It doesn't come out of your insurance.
3-4) FlightCar also pays out per-mile driven on top of the free parking, which you seem to have missed, but I think it's fine and sensible that many people don't consider the risk worth the reward (especially if their car is new); of course, everyone said the same thing about Airbnb at first too.
Edit: OMG it's worse than my sarcastic initial thought. I drive my car to the airport and they rent my car to random fools to abuse and sift through my glove box.
I can see renting out the second mortgage investment houses. But who the hell has an investment car?!
God just give the VC cash for this to the GPG project.
It's weird that your thoughts jumped straight to an 'investment car.' Many people only use their one car occasionally, opening it up for rental, and two-car households can save or even make money by renting out one when it's not necessary to use both.
/rant
Not sure how you got this -- 12.5 cents * 6000 miles = $750, not $30.
(Disclosure: I work at FlightCar.)