ConsumerWatch: Websites Help Rent Out Car To Neighbors

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Steven Siegal checks out the Acura he rented through Getaround (CBS)

Steven Siegal checks out the Acura he rented through Getaround (CBS)

SAN FRANCISCO (CBS 5) – Sharing your car with someone you don’t know might seem risky. But two San Francisco companies are trying to make it safer and easier by helping arrange neighbor-to-neighbor car rentals.

Steven Siegal recently enrolled in Getaround, a start-up with the pitch – “Rent a car from someone nearby.”

Siegel, a physician, chose a 2006 Acura owned by graphic designer, Jeff Broderick. Broderick rents the car for $8.00 an hour, or $40 a day. Broderick gets 70% of the rental fee, while Getaround keeps the rest.

“This is a good use of my car. I might as well have someone using it if I’m not using it,” Broderick said.

Getaround co-founder Jessica Scorpio said the company currently has about 20 cars available in San Francisco and is adding more every day.

“It’s by the hour. It’s conveniently located. It lets you get cars nearby rather than going to a car rental company, which a lot of people find can be a hassle,” Scorpio said.

Getaround also provides insurance for the term of the rental.

Available cars range from a 2003 Nissan Sentra, which rents for $5.00 an hour, to a bright yellow 2007 Hummer, which goes for $17.75 an hour.

“Every car has its own personality,” Scorpio said.

Getaround only accepts cars that are from the model year 2000 or newer. Car renters must be over 20 and have a good driving record.

Another car-sharing company called “Relay Rides” also opened its doors in San Francisco this week.

(© 2010 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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