THE GETAROUND POWER HOST PROGRAM
Increased demand for car sharing has stimulated a new wave of entrepreneurs. Getaround® technology makes onboarding, management, and growth of a new business more affordable, accessible, and possible than ever before.
There are different types of hosts, but each shares a common goal — to become a successful entrepreneur in the car sharing business. The most prosperous hosts on Getaround's platform have more than 25 vehicles and adhere to the investment approach. Still, many single-car hosts earn recurring income that reduces the cost of car ownership, and they are successful in a different way.
“Experts predict the global car sharing market will reach over $100 billion by 2025*.”
Increased demand has stimulated a new wave of entrepreneurs and Getaround's host tools make onboarding, management, and growth of a fleet more accessible to these aspiring business owners. Our tools helped power hosts grow their fleets from an average of 8 cars in 2020 to 12 vehicles already in 2021.
Experienced fleet business managers (FBMs) dedicated to onboarding hosts and helping them succeed.
Data-driven insights hosts need to optimize their businesses, such as areas where demand for shared cars is the highest.
Directory of premium parking spots reserved for Getaround hosts.
$1 million insurance policy covering each trip (available in most areas).
24/7 customer support for both hosts and guests.
Monthly and annual earnings reports.
Monthly Getaround credits to use when your car is unavailable.
Access to Car Manager for daily reports and fleet insights.
Marketing, public relations, and promotional opportunities.
More than two million guests in the United States have used Getaround to safely perform everyday tasks such as getting to work, taking children to school, and shopping for groceries. That is an appealing audience size for any businessperson. What's more, we experienced 80% growth in Getaround's geographic footprint in 2020 and expanded into 26 new cities in the first quarter of 2021.
Unlike other entrepreneurial opportunities, such as franchises, Getaround enables people to build a business that fits them with a low barrier to entry — anyone who owns an eligible car can become a Getaround host. It is the easiest way for entrepreneurs to start and grow a car sharing business.
Hosts don't go it alone at Getaround. We are the only car sharing marketplace that currently provides power hosts with expert, hands-on guidance, and 24/7 support. Our industry-leading analytics and unmatched technology enable hosts to optimize vehicle assets, market presence, and operational infrastructure. We allow entrepreneurs to create wealth and support their communities while building the world’s best car sharing marketplace.
Hosts like you make Getaround possible, and you have unique responsibilities. These Getaround community standards will contribute to an excellent experience for you and your guests.
Keep your car’s profile and your account information up to date and accurate so guests can locate your vehicle quickly and communicate with you through the Getaround app as needed. List your vehicle's home location and special features and update these promptly, should they change.
Ensure your car is at the home location, so the guest has no trouble finding it when booked. Be proactive in blocking time on your car’s calendar so they know when your vehicle is unavailable. If you need to cancel a booked trip, notify the guest immediately and contact Getaround to cancel the reservation (cancellation fees may apply).
Keep your cars clean, well-maintained, and smoke-free, and use the Getaround app to exchange messages with guests. Remember that guests can leave reviews about their experience, and positive reviews often lead to more bookings. Remove all personal items from your car; Getaround’s insurance policy does not cover personal items.
Be prompt, respectful, and clear in conversations with your guests. Questions might come up during a trip, and you are the person who knows your car best. Communication can ensure guests use your car as you expect. Instructions should be simple and easy to follow so guests can pick up and return your vehicle without needing to contact you or Getaround.
300 U.S. cities and growing.
Low barrier to entry.
Easy onboarding process.
Dedicated fleet business managers.
Dedicated host community.
WE THOUGHT YOU'D ASK
In 2020, the average number of cars listed per host was 8. In just the first three months of 2021, the average has increased to 12 to meet escalating market demand. However, many Power Hosts join the platform with just one or two cars and grow their business from there. There is no perfect number of vehicles for any fleet, and every host can grow the business at the pace that works for them.
The host can park cars in any legally permissible location within an active zip code on our platform. By working with their dedicated fleet business manager, hosts can gain analytics and insight about where demand is highest. Getaround also negotiates parking spaces with municipalities and businesses and makes these spaces available to hosts.
Cities with medium population density and limited transportation options — Getaround calls these transportation deserts.
While guests must be at least 19 years old to use Getaround cars, most users are between 25 and 49.
Becoming a Getaround host is easy, and the barrier to entry is low; we see some hosts starting fleets in their early 20s and building businesses they manage for many years. While the typical age range is between 25 and 40, we have hosts well into their senior years as well.
Made possible with our Getaround app (software) and Getaround Connect® (hardware), Getaround has built a platform of connected cars, meaning every step in our booking process incorporates the contactless car sharing experience. From the way we vet our guests to how we manage our demand data, we have created a platform that allows hosts to grow a fleet they can easily manage across an entire city (compared to needing all of their cars in a single parking lot).
Guests are limited to 200 miles per day. Guests that exceed this limit incur a per-mile fee, part of which is reimbursed to the host.
While most Getaround trips tend to be for less than a day, many guests commonly book a Getaround car for a weekend trip or even longer. Some guests have even booked Getaround vehicles for weeks at a time.
Getaround has an entire team dedicated to developing new partnerships that increase demand for cars. Take a look at this recent announcement by the city of Boston. We also are working with hospitality companies and legislative and regulatory lawmakers that understand how car sharing is good for the economy and the environment.
The previous host program focused on single-car hosts, but demand from guests has increased over the last year as hosts with more cars on the platform continue to be successful. The Power Host program has more features and resources that help hosts start quickly and scale to profitability.
Getaround and Getaround hosts share the revenue from trip reservations. As demand has increased, so too must the supply of cars. With this program, we hope to encourage current hosts to increase their fleet sizes, gain market share, and attract new individuals and car businesses to the platform.
We provide hosts with tips and other information about sanitizing their cars, but most proactively provide sanitizing wipes and modify their cleaning routines to keep guests safer during the pandemic. If we learn a guest has tested positive for COVID-19, we promptly inform the host so that the vehicle can be sanitized for the safety of the next guest.
No. The Power Host program is for fleets of all sizes — from the two-car owner to the large car lot seeking to increase income from cars customarily parked and used for different purposes.
Getaround has a dedicated team that assists with all safety concerns. Car theft is not common, but we work with law enforcement and the host to enable quick recovery if theft occurs. Getaround diminishes risk by helping hosts choose safer parking options and constantly improving our technology and hardware.
Getaround is focused on numerous initiatives to increase platform usage, but even without these initiatives, we have seen a marked increase in demand as the pandemic becomes more controlled.
In 2020, the average Power Host earned $45,000*in gross trip revenue, with top performers earning more than $250,000 across their entire fleet. In 2020, the average car dedicated exclusively to the Getaround platform for the entire year* earned more than $6,000, with top-performing cars earning over $11,000.
*The average of all hosts with two or more cars dedicated exclusively to the Getaround platform for the entire year. Getaround does not guarantee earnings; your results as a host may vary.
Not yet, but Getaround is currently developing all the necessary processes and technology required to offer a seamless booking experience for a fully electric vehicle. We will continue to keep our host community up to date as we advance support of EVs on the platform.
A careful review of our typical guests indicated they are more interested in fuel-efficient vehicles. We worked with hosts to shift their fleet models to accommodate these preferences. As demand on the platform changes, we are open to reconsidering luxury cars; however, we are focused on providing the best standard/economy car experience possible.
Guests can contact hosts using the Getaround app on an Android or iOS device. Hosts can keep their phone number private by responding to guest queries through the Getaround app.
Studies show that when car sharing is available, people drive vehicles more appropriate for their use case, which can reduce household carbon emissions by up to 40%. Also, Shared cars are used frequently, often encouraging their Hosts to turn over the asset for new, more energy-efficient vehicles.
Getaround has typically appealed to the single-car owner, but for several years, many new hosts have multiple-car fleets and, once on the platform, scale their fleets to meet demand.
Getaround makes becoming a host a possibility for anyone with an eligible car — whether you are carrying a loan or lease on the vehicle* or you have paid it off. For people with multiple cars, the Power Host™ program provides a level of support and guidance, which hosts need to manage the availability and maintenance of a few or even dozens of vehicles. This simple setup means you can become a Getaround host today.
*Please note: Sharing your car on Getaround may violate the terms of your vehicle lease or loan agreement. We encourage you to review your lease or loan agreement before proceeding with the host set-up process.