When a Borrower uses your car, you receive
- 50% of the first $240 of time-based income your car earns each month, and 75% of the time-based income after that. 'Time-based' income means the amount your car earns per hour or day. You can set your own hourly and daily rates.
- 13, 25 or 37 cents per kilometre that the Borrower drives, depending on the distance rate your choose. Car Next Door gets 8 cents per kilometre. A GPS unit in the car records the number of kilometres travelled by Borrowers.
If you have more than one vehicle listed on the platform, the same fees and commissions apply to each vehicle.
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