General car eligibility vs income guarantee eligibility

There are two sets of eligibility criteria that may apply to a car listed with Car Next Door:

  1. General car eligibility criteria: these are the criteria that any car must meet to be listed on the Car Next Door platform.
  2. Income guarantee eligibility criteria: this is a more stringent set of requirements that cars must meet, in addition to the general eligibility criteria, to be eligible for the guarantee of a minimum amount of income over their first year on the platform.
Criteria General eligibility Income guarantee eligibility
Reviews Must maintain a good overall level of positive ('thumbs up') reviews. Must not receive more than five percent negative (“thumbs down”) ratings from borrowers.
Car age 2001 or newer 6 years or less
Car kms no requirement 150,000
Car location Our current 'target' suburbs, as shown on this map Our current 'guaranteed' suburbs, as shown on this map*
Car availability No minimum availability requirement Must be available for members (not including you or your additional drivers) to book from midnight to midnight at least 5 weekend days and 13 weekdays of each full calendar month during the Guarantee Period.
Car rates As decided by owner. Must stay priced at the rate recommended by Car Next Door.*
Minimum driver age As decided by owner. Must be available for verified Borrowers above the age of 21 to book.
Stickers/branding As decided by owner. Must have the full suite of Car Next Door stickers on the car

*Refer to your specific guarantee conditions to see conditions offered at time of your guarantee commencing. Some guarantee conditions, for example 'guaranteed' suburbs and pricing guidelines, change over time.

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