Understanding your invoice - for car owners

Short answer:

Your monthly invoice details all your car's trips and income, fuel charges, and any other credits or debits on your account.

Your PDF invoice can be downloaded from your Account page when you log in to the website (not the app) after the end of each month. It will also be emailed to you.

What's on your invoice 

Your invoice details all the income and charges on your account from the last calendar month. Select your sharing plan below to see what information will appear on your invoice.

Instant Keys Key Handover

Your Income

When a Borrower uses your car, you receive:

Time income: Either 50% or 75% of the time charges. You can set your own hourly and daily rates. Borrowers are charged by the hour up to 5 hours in a single 24-hour period, and then charged by the day.

Distance income: 13, 25 or 37 cents per kilometre that the Borrower drives, depending on the distance rate your choose. A GPS unit in the car records the number of kilometres travelled by Borrowers. 

Fuel charges

You may see charges on your invoice for your fuel Borrowers bought for your car. These charges may be higher or lower than the amount of fuel that borrowers have used that month, which can be confusing.

Fuel is charged to you in the month it is purchased, while the borrower pays for it in the month their trip ends, so it can sometimes seem as though you have paid more for fuel than you got paid back for.

To understand how fuel charges work, see 'How do Borrowers pay for the fuel they use?'

Monthly membership fee

You will pay a membership fee each month. 

Your membership fee replaces any comprehensive insurance and roadside assistance charges you used to pay, and includes:

  • Coverage for your car under our comprehensive insurance policy - if you used to pay more than this for your insurance then you're already ahead!
  • 24-hour roadside assistance
  • Marketing activities to find local borrowers for your car
  • The use of our lockbox to let you share it without meeting Borrowers to exchange keys
  • Our 24-hour member hotline to help resolve any issues relating to a Borrower’s booking

In your first month of sharing your car, you'll pay two membership fees: a pro-rata fee for the remaining days of your first month and $60 for the next month paid in advance.

Understanding your overall financial benefit

To work out how much you are actually benefiting from renting your car out, you will need to look beyond the 'Closing Balance' on your account (the amount that goes in to your bank account) and understand a bit about your car's running costs. Learn how to work out your car's income after costs.

Related articles

How and when you'll be paid
Viewing your invoice
How Borrowers pay for fuel

Interested in renting out your car? Get your car earning money for you now!

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