Turo Extends AirBnb Of Cars Rentals In Canadian Market

Apr 20, 2016 07:31 AM EDT | Tes Christiansen

These days, sharing services are not only limited to hotels nor B&Bs; it has extended to cars too. Now, Turo peer-to-peer car rental service has already reached Canada.

The newest car-sharing service goes by Turo, which is being offered via a US company and has recently launched in Quebec, CTV News Montreal reported. Here, car owners can actually make extra income by having their personal vehicles rented out to customers who may need instant access to easy transport.

Turo Canada director Cedric Mathieu said in an interview that the company is the pioneer of promoting peer-to-peer benefits thru the car rental app. He also stated that both owner and renter need to be comfortable with the service as the transaction is between complete strangers/private individuals. The San Fransisco-based company compares itself to AirBnb, but partners with car owners instead of renting out lodging services.

Through the Turo Canada website, car owners can easily put up their vehicles for rental listings either on a per day, weekly, or monthly basis."With Turo, you can cover the cost of ownership of your car and you can even turn a profit," according to Mathieu.

On the other hand, Transport Canada doesn't mind the existence of the car-sharing trend because it could also mean close to 8 cars taken off the road and easing traffic, as per the news agency.

CBC Canada also shared related info on the car-sharing service that has been in operation in the US since 2009. Turo Canada's website requires that for owners to list their vehicles for rent, it must be new or at least 10 years old, worth around $75K, and have spent less than 200K kilometers (via odometer check). The company also said that its members have already earned up to $600 a month the least.

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