GM’s Maven Allows Car Owners To Rent Vehicles

Maven, the car-sharing platform run by General Motors Co., has announced the launch of a peer-to-peer car-sharing beta that allows GM owners to earn money by renting out their personal vehicles.

Maven is an on-demand mobility sharing service available through an app. Members are able to rent cars by the hour, the day, the week or the month. It offers city station-based car sharing, which makes vehicles available to rent for round trips by the hour, day or month; university campus sharing, where cars are available on campus for students to rent; and Maven gig, which allows cars to be rented by the week for rideshare and delivery drives.

The new offering enables owners and eligible lessees to earn money by renting their Chevrolet, Buick, GMC or Cadillac car or truck model — year 2015 and newer — to driving members. The service is available now in Chicago, Detroit and Ann Arbor, Michigan.

“Your car is one of the most expensive things you own. Sitting idle, it is a wasted asset,” Julia Steyn, vice president, General Motors Urban Mobility and Maven, said in a press release. “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.”

Peer Cars is integrated into the Maven app and will be available alongside Maven Cars for rent by more than 150,000 current Maven members.

During reservations, all vehicles are insured through GM’s $1,000,000 insurance policy — and every driving member is thoroughly vetted before they are approved to use the service. Owner support is available 24 hours a day, 7 days a week from trained Maven and OnStar advisors.

Once information is collected from the beta, additional U.S. launches are scheduled for the fall.

“Maven is a platform designed for sharing, and we’ve proven demand exists,” said Steyn. “In this beta, we are excited to offer GM owners the opportunity to capitalize on this demand and earn income by listing their vehicles.”