The P2P feature enables owners and eligible lessees to earn money by renting their personal Chevrolet, Buick, GMC or Cadillac car or truck (model year 2015 and newer) to driving members. The service is available now in beta in Chicago, Detroit and Ann Arbor, Michigan.
It’s a way for owners of GM-make vehicles to generate income from their cars. It also helps bring prospective buyers into the fold. So far Peer Car is available alongside Maven Cars for rental by more than 150,000 current Maven members, seamlessly integrated into the Maven app.
Maven also is offering insurance during peer sharing through GM’s $1-million policy, and every driving member “is thoroughly vetted before they’re allowed to use the service,” GM said in a press release.
GM has emerged as an early leader in mobility services and development of its automated-driving capabilities both via partnerships with Silicon Valley companies such as Cruise and Lyft and also with its own investments in ground-floor efforts such as Maven.
“Your car is one of the most expensive things you own,” Julia Steyn, vice president of GM Urban Mobility and Maven, said. “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.”
“Maven is a platform designed for sharing and we’ve proven demand exists,” she added. “In this beta, we are excited to offer GM owners the opportunity to capitalize on this demand and earn income by listing their vehicles.”
Maven services are designed for many car-sharing communities and needs:
- City station-based car sharing: Vehicles are available to rent for round trips by the hour, day or month.
- University campus sharing: Cars available on campus for students to rent.
- Maven Gig: For rideshare and delivery drives. Cars can be rented by the week.
- Peer-to-peer car sharing: For GM owners to list their cars on the Maven app and earn income by renting to members. Currently in beta in Chicago, Detroit and Ann Arbor.
Below, check out Maven’s interview with another disruptor—Mission Chinese Food founder Danny Bowien: