General
Motors is expanding its Maven mobility service to include privately owned and
leased vehicles. Until now, the car-sharing platform only offered a fleet of GM-owned
vehicles.
With
the launch of Maven’s “Peer Cars” service - initially available in Chicago,
Detroit and Ann Arbor, MI - owners and eligible lessees of most 2015 and
newer GM cars and trucks can make their vehicles available for rent and earn
cash in return.
“Your car is one of the most expensive
things you own. Sitting idle, it is a wasted asset,” says Julia Steyn, vice
president of General Motors Urban Mobility and Maven.
“It’s time to put your car to work.
Maven’s peer-to-peer offering is a smart way for owners to offset their vehicle
investment.”
The system will suggest a rental price,
but owners have the final say and they keep 60% of the revenue.
Subscribe to our newsletter below
Maven launched in January 2016.
Members - now numbering 150,000, according to GM - can rent cars by the
hour, the day, the week or the month. Since launch, more than 180,000
reservations have been made.
All vehicles are insured through GM’s
$1,000,000 liability policy, and the company says it vets all members before
they are approved to use the service.
“Maven is a platform designed for
sharing and we’ve proven demand exists,” Steyn says.
“In this beta, we are excited to offer
GM owners the opportunity to capitalize on this demand and earn income by
listing their vehicles.”
The company plans to make Peer Cars available in additional
markets around the United States in the fall.