New App Lets You Rent Out Your Car for Extra Cash -- Meagan O'Halloran
Updated: Tuesday, July 8 2014, 10:47 PM CDT
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Want to make an extra money every month? All you have to do is rent out your car. Sounds too good to be true right? Well it's not. Meagan O'Halloran reports on RelayRides.
It's a new app that lets you rent your car out to willing drivers. You can put your car up for rent in a matter of minutes. Just snap a couple of pictures of your car, write an honest description of your ride, pick a rental price, and within minutes people can take you up on your offer.
Instead of dealing with big rental car companies which charge you by the day, RelayRides lets users charge by the hour or by the full day.
There are no membership fees and no large insurance costs. RelayRides says it has a massive insurance policy in case anyone gets in an accident.