An interesting idea, the pricing (on both buy and sell side) should be much more obvious, I couldn't find anything besides the "as much as $350 for renting your car out for 15 hours". Are the prices based on the quality of car or does everyone get the same amount? (My 25 year old beater CRX vs your new Tesla?)
I also wonder how many people would really be willing to rent their own car out. I would expect the people that need the money (more then care about strangers doing lord knows what with their car) probably have the crappiest cars to begin with.
Based on the screenshot in the tour, setting your price to $12/hour nets you $9.60/hour, so they charge a 20% commission. Not bad considering all the insurance and so on is taken care of.
To prevent rental abuse, it would be interesting if their car kit had an accelerometer, monitored RPM, etc. to detect when things are outside of the norm. There are some other potential issues I see with this. Their car kit appears to plug into the cigarette lighter -- what happens if someone breaks in and steals it? Also, those with integrated Bluetooth handsfree should not use their vehicle's address book functionality or they expose that to any renters. What if someone returns your vehicle but parks it in a spot that, the next morning, becomes a "no stopping during rush hour" zone?
It'd be interesting if this becomes a viable way to make money in high density areas. Lease a handful of half-decent cars for a few years and leave them full-time as rental vehicles. If it's realistic to make $350/month for only 15 hours a week, that could be profitable. Presumably you would only need to get parking/storage-level insurance as driving insurance is provided by GetAround.
Pricing is set by the owner - as well as the option for hourly, daily, or weekly.
When I first joined Getaround, I had the same doubt. I wasn't sure if people would be willing to rent their cars out - full insurance, tracking, or not.
What's been interesting is the type of signups we've gotten - there are a bunch of regular cars, of course, but right off the bat we saw a lot of luxury vehicles as well (the Tesla being only one example).
We've seen an interesting trend, kind of similar to what the folks at Airbnb saw - sure, there's people who are doing it for the money, but there's actually quite a few people who've signed up because they want to help out their community/friends who need cars once in a while, or just because they want to share their cool cars with as many people as possible.
Sounds like you live in an affluent or at least broadly educated area, if people broadly have such high-minded concerns about the welfare of the community. Your experience may not translate to more economically-mixed neighborhoods.
I also wonder how many people would really be willing to rent their own car out. I would expect the people that need the money (more then care about strangers doing lord knows what with their car) probably have the crappiest cars to begin with.