Quote:
Originally Posted by mvbird
I have read the replies to our post and find them surprising. Many many people think nothing of renting their furnished homes for a month, inviting strangers to live with them in a spare bedroom for a week, but the idea of renting their 2nd car is appalling ? Our cars are insured, so are our homes. There is a market for owner/visitors like us who need an older car for longer than a week and don't care to give Hertz $1500-2000 to rent a brand new one. This is the same concept of Airbnb vs. hotels.
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You can't get drunk and drive your AirBnB house into a pedestrian. You can't lose your control of your rented house and crash it into a WaWa. If you get caught with drugs in your 1-month home rental, the police won't impound the property. But if you get caught with them in the car, they'll impound the car. Car insurance doesn't cover people paying rental to use it. That is a commercial insurance policy.
Now, if you'd like to give me a non-refundable deposit of $2000, plus a fully refundable $35,000 deposit just in case you wreck my car and I have to deal with buying a replacement this year instead of next year when I might actually be able to afford it, and $400 per day rental, you can rent my 2010 tin can on wheels for a week.
If it comes back with one more scratch on the hood, you got yourself a new 2010 piece of tin on wheels, and OBB's getting something built some time after 2018.