They say that the average cost of a car is $715 per month. That's a lot of money to a regular person, and if you're the type who only needs a car on certain days of the week or just during weekends, then you should really consider making money out of your vehicle. Then again, if you're someone who only needs a car occasionally, why bother buying one? You'll save much more if you only pay during the days that you use the vehicle.

This is where RelayRides comes in. Check out this carsharing marketplace that allows car-owners to rent out their vehicles to people who a need a ride for a few hours for an entire day. Rates are much lower than commercial rent-a-car companies, so those who need to get around can save money, while vehicle owners can earn extra cash while letting their car do the work.

How it Works

Renters that need a car can head over to the RelayRides website and search for vehicles in their area. Cars choices can be filtered by types, features, and reviews. Once you decide on a car, simple hit the "Reserve instantly" button and wait for approval. When you get approved, you'll be able to meet the owner to pick up the keys. You can even open the car with your smartphone on select models and just find the keys inside! Once you're done with the car, fill up the gas that you used and return the vehicle to its owner. Be sure to write a review about your experience to benefit other users!

If you're a vehicle owner, then start making money out of your car by listing it on the RelayRides website. Be sure to add a lot of the details in its profile page, to encourage renters to choose your car. Once someone picks your vehicle, you'll be notified and will be in charge of approving it. This way, you'll be completely in control of who gets to drive it. Once you send an approval, you'll be able to meet the renter and hand over the keys. Oh, and you don't have to worry about the condition of your car, as RelayRide has it covered with its insurance.

Why Opt for Carsharing?

RelayRides offers a lot of benefits both for renters and car owners alike. If you're a renter, you'll get the benefit of finding an affordable car in your area, and you'll enjoy the convenience of completing the transaction online. Insurance is included with your rental, and RelayRides offers roadside assistance at all times. Participating in carsharing also lets you contribute more to the community. Instead of handing over your money to big corporations, you're helping your fellow locales make extra dollars.

If you're a car owner, then get ready to line your pockets, because RelayRides will allow you to earn more money. And you don't have to worry about safety and liabilities, because RelayRides has your car covered with insurance. Paranoid that you're handing over your car keys to psycho? Don't fret. RelayRides screens every renter's driving history for major violations and they make sure that renters have their license for at least two years. Besides, you'll receive a notification whenever someone wants to rent your vehicle and you'll always get final say on who sits behind the wheel.