Tips for Renting Your Car Out on Getaround
Getaround is a peer-to-peer car rental service that rents out your vehicle to people who need a car rental in your area. According to Getaround, those who use the service can earn thousands of dollars per year by renting their vehicle when they aren’t using it. We’ve put together a quick list of tips to help you make the most of your experience renting your car on Getaround.
1. Optimize Your Getaround Profile
The more attractive your Getaround car profile is for potential renters, the more likely they will choose your car over the others that are available. Start by optimizing your car’s profile to capture the attention of renters. Think of your car’s description as a mini advertisement. You want to highlight what makes your car great, including the unique features it offers. If you have heated seats, a sunroof, a GPS system, or an upgraded sound system, mention features like this in the description.
Another way to optimize your profile is to ensure it’s accurate. Include detailed and comprehensive instructions for how renters can pick up and return your car. The easier it is for renters to access the car, the more likely they will be to rent it again. You should also make sure your availability is always accurate and up to date, as this prevents any scheduling issues and cancellation fees.
2. Screen Potential Renters Before You Accept Requests
If you want to make the most of your experience renting your car on Getaround, do some basic screening of potential renters before you accept their request. Getaround does a background check on renters to help ensure the safety of the hosts’ vehicles. However, the renter’s profile may provide some additional insight on how the renter will care for your car while it’s in their possession.
Before accepting a rental request, take a look at the renter’s profile. If they have rented many vehicles in the past and have received positive feedback from hosts, this is a good indication they will take good care of your car on their trip. If they are a new renter, take a look at their request and profile to get an idea of how they will be using the car. You can also reach out to them with more specific questions if you have them.
3. Optimize Your Rental Pricing
If you want to maximize your earnings on Getaround, take some time to adjust your rental prices for optimal revenue. Do some research on market pricing for similar rentals in your area on peer-to-peer rental services. This will give you an idea of the going rate for vehicles like yours.
You should also adjust for peak rental times. There is typically less demand for weekday rentals, so lowering your rates can help you bring in more rental volume. Increasing your rates on weekends or during holidays can help you bring in more extra cash during peak volume. Offering discounts for longer rentals will encourage renters to choose your vehicle for longer periods of time, which helps you earn more by keeping your car on the road for longer.
Getaround also offers predictive pricing, which you can enroll in on the site. This feature will automatically set dynamic pricing for your vehicle that adjusts with renter demand. The goal of this option is to ensure your car is optimally priced at all times. If you do not have the time or resources to do rental research yourself, Getaround’s predictive pricing will help you stay on track.
With the tips above, you’ll be on your way to making more money on Getaround in no time. Remember, if you want renters to continue to rent your vehicles and rate you highly, you need to make sure you provide a quality experience every time.
4. Clean and Maintain Your Car Between Trips
Renters love a clean and well-maintained vehicle. It’s important you clean your car between rentals to ensure each renter has access to a clean and fresh smelling vehicle. Though renters are supposed to bring the car back in the condition they found it in, many may forget to remove trash or don’t have time to vacuum sand, dirt, or debris from the floors and seats.
Remove anything that’s been left behind, and wipe down high traffic areas like the dashboard and armrest to remove crumbs and smudges. Wipe down the windows with window cleaner, and vacuum the car as necessary. Use a fabric freshener like Febreze to eliminate smoke or food odors that may permeate the car.
In addition to keeping the car clean, make sure that other maintenance tasks are also taken care of. Stay on top of routine oil changes and inspections to ensure the car is in working order. Check on things like air filters and wiper blades on a regular basis to make sure these are in working condition for the next renter. Not only will this help you provide a good experience for renters, but it will help ensure your car runs smoothly.
