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Pandemic drives a new business with car-sharing platforms on rise | KLRT

vwdhfgeyug by vwdhfgeyug
September 29, 2021
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Pandemic drives a new business with car-sharing platforms on rise | KLRT
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by: Nexstar Media Wire, Janel Forte

Posted: Sep 29, 2021 / 05:44 AM CDT
/ Up to date: Sep 29, 2021 / 05:44 AM CDT

ATLANTA (NewsNation Now) — Desirous about renting a automobile quickly? Good luck discovering one. Today, rental vehicles are in brief provide. 

In Atlanta, most main rental corporations are working out of autos for the weekend. However there’s a brand new enterprise mannequin stepping in to fill the void. 

Peer-to-peer car-sharing companies, described as Airbnb on wheels, provide vehicles owned by common folks.


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Brandon Marines and his girlfriend Natasha Yen are cashing in by renting out their private autos by Turo.com.

”We began this about six months in the past — and we made $15,000 with three vehicles,” Marines stated.  “I’ll inform you this … I’ve not paid one automobile cost.”

The pandemic has paved the best way for car-sharing platforms equivalent to Turo and GetAround. Final yr, rental automobile companies offered off lots of of hundreds of vehicles to remain afloat. Now, a worldwide semiconductor scarcity is reducing the manufacturing of recent vehicles and making it more durable for corporations to rebuild their fleets. 

“Now all these renting corporations don’t have sufficient vehicles, and so they’re charging insane costs,” Marines stated. 

Yen says reserving by car-sharing platforms gives a extra private rental expertise.

“You may guide it out of your cellphone, you may meet folks, they will take it on to the airport as an alternative of you taking the shuttle to the terminal, she stated. “It makes the connection quite a bit quicker, simpler.” 


Until 2023? Parts shortage will keep auto prices sky-high

She additionally says it presents some competitors to the standard strategies of renting vehicles. 

“It’s gonna change the best way even Hertz and Avis and everyone else runs their firm.”

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