Why Not Rent Your Car Out?

I like the look of this enterprising business, currently based in Australia but waiting for the right person to launch something similar in the UK.

Drive my Car allows car owners to rent their vehicles out to members of the public privately by the hour, day, week or longer.

The site handles insurance and creates a rental agreement each time a renter wants to hire a specific vehicle.

Rental prices are set by the car owner and are typically up to 60% cheaper than the market leaders. In this instance, of course, the beneficiaries are individual car owners.

A smart business, combining a national web-based platform with an individual micro-business model. Nice.

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Car Scrappage Scheme

£900 million has been set aside by the UK government, apparently, to subsidise the car scrappage which pays owners £2,000 to trade in old cars when they buy new ones.

What a missed opportunity. Imagine if that amount of public money had been invested in green, local, micro-businesses rather than in an industry which is in serious decline anyway.

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