Can car owners make money off of their car by not even driving it?

A new emerging Wicklow-based company might make that possible. Fleet, frequently referred to the Airbnb for cars, just secured AXA car insurance company to offer drivers coverage for only £7-£10 a day. The insurance deal is separate and does not affect the car owner’s own coverage.With this new deal, the business is going to hit the ground running. The brains of it all, Maurice Sheehy, is offering car owners a chance to make a profit off their car while they are not using it. This gives opportunity to car owners who don’t use their cars on their daily commute to make money by renting them out. If used two days a week, one can make £3,500 a year, according to Sheehy.

This new business may change the game for the car rental services, hopefully comparable to Airbnb in accommodations and Uber in taxis. With the reviewing process similar to Airbnb, the online reviews can be used by renters and users to ensure a good experience.

The new company was created because how frustrated they were with the large amounts of …

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