Have an car and want to make some extra money? You can put your car up for rent! Thanks to Carshare.hk, car owners around Hong Kong can rent out their cars and make up to HK$5,000 monthly. Developed by engineer Christopher Yeung who believes in the sharing economy and building great products, Carshare.hk first came under the tech radar when it was featured on the reality TV show I Am a Boss, winning itself funding of HK$20,000 and priceless publicity. The concept behind it is to share resources while reducing collective footprint. Said Yeung, “We believe sharing is the future. We think lifestyles should be more affordable and flexible.”
To be part of the Carshare.hk community, download the app and start listing your car as well as your rental price. All rentals include comprehensive insurance coverage by DirectAsia while Carshare.hk screens every car and driver. For a deposit of HK$750, you will be given a plug-and-play device that helps calculate the mileage for insurance purposes. Those interested in renting your car will start messaging you for details. Once the deal has been agreed on, you’ll meet the renter who will return the keys back at an agreed location once he’s done. What about fuel charges? You’ll receive that along with 70% of the rental price by cheque every second week of the month. Rentals are available hourly or daily.
Carshare.hk is available to download on the Apple App Store.