Financing a Ford and looking to bolster your monthly payments? The automaker has an idea: rent your car to others.
Ford owners financing their rides through Ford Credit can rent them out to other drivers through its Peer-2-Peer Car Sharing program, announced Tuesday evening. The pilot program will invite 14,000 and 12,000 owners "in six U.S. cities and London, respectively" to rent their vehicles to prescreened drivers on a short-term basis, with rental payments going towards paying down the note.
To enable this, Ford partnered with rideshare companies Getaround (U.S. market) and easyCar Club (London), whose respective "Web-based, mobile-friendly software" will handle all transactions.
The six U.S. cities selected to participate in the sharing program are the California cities of Berkeley, Oakland and San Francisco, as well as Portland, Chicago and Washington. The program is slated to run through November 2015.
(Photo credit: Alex L. Dykes/The Truth About Cars)
The post Ford Unveils Carsharing Pilot Program For Select Ford Credit Consumers appeared first on The Truth About Cars.
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