RelayRides peer-to-peer car sharing service arrives at San Francisco Bay Area

Who would have thought that peer-to-peer (P2P) technology could be associated with real life connections – we’re talking about RelayRides, a peer-to-peer car-sharing service that has just launched in the San Francisco Bay Area which intends to turn just about any idle car into a rental. While that might sound risky especially if your vehicle is spanking new, it does help out with your monthly expenses if your car’s underused, while playing your part in helping out carless folks will definitely add to your brownie points. Car owners will set their own hourly rate, where they will retain 65% percent of the total rental fee. According to RelayRide, they estimate that an economy car available 20 hours each week is capable of earning its owner at least $4,600 annually.