Which Car Sharing Platform is Best?

Описание к видео Which Car Sharing Platform is Best?

Let's talk about the car-sharing and which platform is best
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00:00 - Intro
What's up you guys! In today's video, let's break down different car-sharing platforms! In 2021 we have a lot of different options to choose from when it comes to which car-sharing platform we want to use, which ones are best...etc. So, let's talk about it!

00:39 - Car-Sharing Platforms...What Are Our Choices?
When it comes to car-sharing platforms there are a lot to choose from, the 4 main players include Turo, Avail, HyreCar, and GetAround. So, in this video, we are going to be breaking down the different aspects of each of these platforms.

01:50 - Turo
Turo is of course the platform I talk about most on this channel, it is also the one I have the most experience with. When it comes to Turo there are a lot of pros - it has the most market share, meaning more people know Turo exists. This is, of course, good for you because it means there are more people to rent your cars. Turo requires cars to be 12 years or newer with 130k miles or less. The downside of Turo is that it is not very passive as you have to check in the cars 24 hours before and after a rental - this can make traveling very difficult. Turo has a lot of potential for scale and growth, but the semi-passive to non-passive nature of the business may make it unappealing to some.

04:22 - Avail
Avail is the most passive car-sharing platform on this list. Avail is a new car-sharing platform that targets people who travel and thus leave their car at the airport. The whole idea behind it is if you need to travel and park your car at an airport you could instead leave your car with Avail and they will rent your car to people while you are gone. The appeal here is that you do not need to pay for parking, you get a free car wash, you make some money and Avail handles everything. Avail only allows 4 cars on the platform, so it really isn't great for someone wanting to scale a large operation, but for the weekend traveler wanting to make some extra cash, it could be a good option.

06:34 - GetAround
GetAround is a platform that targets gig workers as renters, unlike Turo which forbids people from using Turo as a way to gain access to cars fo the purpose of doing Uber, Lyft, DoorDash...etc. GetAround encourages it, in fact, they target people for this purpose. GetAround is passive and scalable, but the lack of control in the business model could be a negative for some.

10:00 - HyreCar
HyreCar is one that at one point was a real competitor for Turo, but has since fallen to the wayside. HyreCar has a bad reputation with a laundry list of issues with its claims process. My recommendation would be to stay away.

11:58- Closing
I hope you guys enjoyed this video, make sure to hit the like, subscribe, and the notification bell and I will see you guys in the next video.
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Disclaimer:
I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Aubrey may have an ownership interest in them – Please do not make buying or selling decisions based on Aubrey’s videos. If you need advice, please contact a qualified professional.

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