A new peer-to-peer car rental program from General Motors’ OnStar service and car sharing marketplace RelayRides allows drivers to rent out their vehicles to earn extra cash.
Renters in the United States will be able to locate and unlock a reserved OnStar-enabled car using their smartphone. OnStar uses satellite-connected in-car units to offer subscription-based communications, security and navigational services.
The automaker said in a statement that by using RelayRides, “individuals who forgo car ownership can conveniently access affordable and reliable transportation in a Chevrolet, Buick, GMC, or Cadillac. Owners of these OnStar-enabled GM vehicles rent out their cars and turn their idle vehicles into an income source without the hassle of installing expensive aftermarket hardware or having to meet a renter to hand off keys.”
Relay Rides provides all vehicle owners with a $1 million insurance policy for owners for the duration of the rental and a $300,000 policy for renters.
In the United States, there are currently almost six million OnStar subscribers.