The mission of Carsana is to provide the best car sharing experience and service for all people around the world. To participate in this program you don't need to invest any funds. All you need is to believe in a car sharing model and stand with Carsana in our mission by helping us to grow our fleet.
Read below to find out how it works.
Peer-to-peer car sharing enables the car owners to earn money when they are not using their car.
Much like Airbnb revolutionized the concept of overnight accommodations, peer-to-peer platforms like Carsana create a market for car sharing to link parked vehicles with those in need for a ride.
For the last 5 years the car sharing fleets grew by 80 percent. Global Market Insights forecasts the value of the global car sharing market in 2024 at USD 11 billion.
The Carsana co-host car sharing program is gaining high popularity as a way for car owners to earn profit without vehicle maintenance and management headaches.
We buy vehicles for our fleet and you co-sign for us with your credit. The vehicles will be purchased on our name and you will be just a co-signer on the deal. You will get guaranteed monthly earnings for each vehicle for the lifetime of the car loan. To participate in the program you must have a good credit score - over 700 and have at least 1 vehicle paid off on your name.
Carsana is growing, and we are constantly expanding our fleet. The business model works great, confirmed by our 7 years of successful experience. So we are looking for people to help us to grow our fleet.
Top Questions Answered
Do I need to invest or pay any fees?
No, you don't. The downpayment and other fees are on us.
How much can I earn for one car?
The monthly payment varies from $100 to $300 per vehicle. The payment depends on the price of the vehicle.
What impact will it have on my credit?
All car loans will be taken on our name, so they are not going to show on your credit report. However, when the vehicle will be paid off, it will provide you a strong credit history with the bank the loan was provided from.
What are the requirements to join the program?
You must be at least 21 years old You have a good credit history and score at least 700 You have minimum one vehicle must be already paid off on your credit
What if a car gets totaled?
Each trip in Carsana is fully insured by a car-sharing platform it's taking a trip on. The car loan will be paid off in full by an insurance company.
What's the payment period?
We pay for your car monthly on the 10th day of each month.
How many times can I join the program?
Typically you may rejoin the program after a loan is paid off (4 to 5 years), but there is also an option to partially expand it after 13 months.
Please feel free to contact us if you need any further information.