Your car earns money for both the time it is booked, and the distance it is driven.
- 50% of the first $240 of time-based income your car brings in each month, and 75% of time-based income above that; plus
- 25 cents for each kilometre it is driven.
It is difficult to predict you car's earnings precisely. Some cars are busy right away, but for others it will take a few months to build up a group of regular borrowers. The more competitively you set your rate, the more hours you make your car available (particularly on the weekends), the more you're going to earn. Doing additional promotion of your vehicle in local hotspots, with some tools we provide you, will also help.
Our average established Owner earns around $2,500 a year, and our top Owners earn over $7,000 a year. And that's after putting money aside for fuel and wear and tear.