Sam Deans, former Whiddon cup finalist, heard about Car Next Door in July last year. Within 6 months he’d earned over $1,000 by renting out his car, helping to offset the costs of owning it.
Car Next Door is a neighbour-to-neighbour car sharing platform, founded by Colleagues member Will Davies in Bondi in 2013. The fast-growing startup is changing the way Australia travels, by turning any car into a share car through an online platform, simple in-car technology and full comprehensive insurance.
1,000 cars have been listed on the platform already, with over 35,000 borrowers screened and approved to borrow them.
“It’s so easy,” said Sam. “Car Next Door’s platform is very hands off for me. I can be anywhere in the world and still make money on my car. It sits on the street most of the time, so it just makes sense”.
Sam also received $150 to kick-start his earnings when he first listed his car, which he says was a great added bonus to get him started.
“I got some bookings right away, which was cool,” says Sam.
“I generally don’t meet the borrowers in person though – I’ve met a few, but usually they just come and go while I am doing other stuff. It’s like the Tinder of transport”.
Through Car Next Door, car owners earn $2,000 to $8,000 a year by renting out their car when they aren’t using it. Car borrowers can instantly rent cars nearby from $5 an hour or $25 a day (plus 33 cents per km).