Maritimers renting out personal cars to earn extra cash

As costs continue to rise, many are looking for a side hustle to make some extra cash, and some have been turning to their personal cars.

Chanel Pearson began renting out her 2015 Toyota Corolla through the website” about a month ago. The service works similar to Airbnb, but for cars.

“I had overheard a lot of conversations of people saying their relatives were trying to come into town. They could not find a rental car anywhere,” said Pearson, a Halifax resident.

Now, her vehicle is nearly all booked for summer.

“I had a request within one minute of posting it,” she said. “I had a request probably every five minutes within the first hour of posting it and that continued on for the first whole week. My phone was blowing up.”

One interested person was Liz Wagman, who is living in Halifax but does not have a car. She says she wanted to explore Cape Breton for the Canada Day weekend.

The trouble was however, rental cars were all booked, which led her to connect with Pearson online.

“Chanel had some great reviews. The car, the photos of the car looked like it was in pretty good condition,” Wagman said. “But like with everything, Airbnb or Facebook marketplace you gotta put a little bit of trust in people.”

The vice president and head of Turo Canada, Cedric Mathieu, said the company has been running in Nova Scotia since 2019, and about a month and a half ago it launched in New Brunswick, PEI and Newfoundland and Labrador.

“We’ve seen more than 2,000 trips being booked within the first month of the launch,” Mathieu said.

Vehicles signing with Turo have to be less than 12-years-old, have fewer than 200,000 kilometers, and must go through an inspection.

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