We wanted to give you a quick rundown on how it works and what the risks are.
A couple of our favorites areRelayRides.comandGetAround.com.
Once you are accepted, the rental companies do all the marketing and leg work.
How Much Can You Make?
However, even if youre only earning a few hundred bucks, its certainly something to think about.
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Theres never any cash exchanged between the renter and the car owner.
The companies act like a middle man by collecting the cash and sending you a paycheck.
What About the Risks?
Letting a friend drive your car is enough to make anyone nervous, let alone a complete stranger.
Many of the rental companies have seem to take that concern to heart when crafting their rental agreements.
What Else Can You Rent?
Renting out you personal property is a trend weve been following all year here atThe Penny Hoarder.
It seems the poor economy has made this money making trick explode in popularity.
It sounds appealing right?
Check it out here!
