SAN FRANCISCO, July 21, 2011 /PRNewswire/ -- RelayRides (www.relayrides.com), the world's first neighbor-to-neighbor carsharing service, in mid-July launches in the Sunset District and Potrero Hill neighborhoods of San Francisco. The latest expansion by RelayRides extends the company's reach to even more motorists looking to loan their cars and to the residents who want access to their vehicles.
The innovative carsharing service, which turns idle autos into motorized moneymakers, lets owners lend their cars to neighbors while giving drivers a close-to-home, less-expensive alternative to other carsharing or car-renting services. RelayRides owners make on average $250 per month lending their autos to neighbors. By using pre-existing cars, the service that launched last year in Cambridge, Mass., and San Francisco, is more eco-friendly than those of competitors that put new cars on the road. The company backs its service with a $1M insurance policy and features proprietary, best-in-class technology for a convenient, secure and smooth exchange.
"We're excited to give even more drivers – both those in need of transportation as well as car owners looking for extra cash – a great chance to help out neighbors through our peer-to-peer carsharing service," said Shelby Clark, founder and Chief Community Officer of RelayRides. "This is just the latest step in our ongoing mission to extend services and reach even more motorists."
To learn more and enroll, visit www.RelayRides.com.
RelayRides is the world's first neighbor-to-neighbor carsharing service. RelayRides enables car owners to make money while providing those in need of a car with affordable access to one. RelayRides is a venture-funded company backed by Google Ventures and August Capital.
More information about RelayRides and its service is available at: www.RelayRides.com.
Mark de la Vina
Tel: +1 415 282 4795