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There are interesting replies to your comment, when I posted I didn't directly think of insurance. I did think of theft (like are you really going to let a str
by logicallee 6y ago
There are interesting replies to your comment, when I posted I didn't directly think of insurance. I did think of theft (like are you really going to let a stranger drive off with your car?) but that is possible to address in many ways. The replies are focusing on insurance, but that is a numbers game so a startup could solve the insurance problem by being an insurance company as well. (or partnering with one, paying for the privilege by burning through VC money.)
it seems from the reply thread that there is no marketplace for lending your car out to the gig economy. (Which is a shame, because if there were, gig workers could calculate their hourly more easily.)
of course, even if there were such a market, it could be mispriced - maybe all the people who are lending their cars out on that economy are either losing money, or they're getting money but the market is artificially inflated by VC dollars the way uber was.
It's interesting that there is no such market - seems like a pretty natural niche. according namecheap, as of this moment lendmycar.com is available and $8.88/yr ... hmmmm.... https://ibb.co/2ZQ9q3Z https://ibb.co/2ZQ9q3Z