In their quest to make an extra buck, people are turning to what is commonly known as the gig economy. Here, you get to earn money by working within flexible hours, and as an independent contractor. The gig economy presents a great opportunity to not only makes some extra cash but to also test the waters and see if you want to get into the business as a car owner.
Hyrecar and Turo are car sharing platforms prominent in the gig economy arena. If you already own a car or you want to lease a car, Hyrecar and Turo are excellent places where you could enlist or rent vehicles.
Wondering how these two car sharing sites compare? CouponCause has shared the common FAQs about HyreCar but Turo is almost the same.
Here is a detailed look into each.
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How do they work?
Both Hyrecar and Turo share a number of similarities. On both sites, you can sign up either as a car owner or as a driver looking to rent a car. Other similarities include;
As The Driver
Hyrecar requires that you join them either through email, Facebook or your Google account. Once you’ve successfully signed up, you can view available cars in your area and choose which one fits your needs and purposes.
The owner approves your request and after a thorough inspection, the car is delivered to you. On your request, you indicate how long you will need the car. Once this duration is over, you are required to return the car with a full tank fuel.
Should you want to extend your stay with the car, it is advisable to make this known to the driver before you are due to return it. Alternatively, if you want to cancel your request, do it 7 days prior to the actual exchange date. Otherwise, you may be subject to penalties or fee deductions.
As The Car Owner
You are first required to register with Hyrecar, get your car inspected and later approved. Every time someone requests your car, you will get a notification informing you of the same. Then you can carry out the exchange with the driver.
Before handing over your car, be sure to check and make sure that your car is in proper condition. You should also check to see if the driver’s license and insurance documents are in order.
Notable Differences between Hyrecar and Turo
Turo allows you to rent the car for longer durations of time. It works just like a car rental service. You can borrow it to go for a weekend trip, use it as an Uber or use as a regular personal car for a few weeks or months at a time. Hyrecar, on the other hand, works better if you want to rent a car only for a short amount of time
Hyrecar offers much better insurance cover terms compared to Turo—whether you want basic coverage or premium coverage.
If you pick out premium coverage with Turo, it is likely to be deflected onto your car rental price. It would, therefore, take you longer to find drivers willing to pay higher than average fees to rent your car.
If you have a car that you don’t use too often, Hyrecar and Turo are affordable, efficient platforms where you can enlist your car for some extra money. With the details above, you can make an informed decision on which platform suits you best.