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This article was published on September 20, 2012

    Peer-to-peer car sharing service Getaround rolls into Chicago with its managed rentals program in tow

    Peer-to-peer car sharing service Getaround rolls into Chicago with its managed rentals program in tow Image by: Scott Olson
    Martin Bryant
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    Martin Bryant

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    Martin Bryant is founder of Big Revolution, where he helps tech companies refine their proposition and positioning, and develops high-qualit Martin Bryant is founder of Big Revolution, where he helps tech companies refine their proposition and positioning, and develops high-quality, compelling content for them. He previously served in several roles at TNW, including Editor-in-Chief. He left the company in April 2016 for pastures new.

    Getaround, one of the most high profile peer-to-peer car sharing services in the US, has today announced that it’s expanding its reach to a fifth city. Already live in San Francisco, Austin, Portland and San Diego, the service will now be available in Chicago too.

    Getaround allows car owners to rent their vehicles to others at an hourly rate via an online interface. The startup, which launched in May 2011 and announced a $13.9m Series A round last month, says that people who rent their cars via Getaround make an average of $350 each month.

    In addition to ad-hoc peer-to-peer rentals, Getaround also offers a vehicle management service called Getaway, for people who don’t need to use their own car for a minimum of six months. In this case, the startup handles all rentals and vehicle maintenance, while earning the car owner a potentially tidy sum for zero work. Until now, this has only been available in San Francisco, but Chicago will also offer the service. In both cities, Getaway is in beta.

    Getaround operates in a nascent, but busy, market. In California alone, HiGear, RelayRides and Wheelz are all also in operation.

    Image credit: Scott Olson / Getty Images 

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