Find answers to common questions such as insurance, fuel, borrower screening, the process of listing your car, how much you’ll earn, how much time it takes you and more on our Car Owners’ info page.
Car Next Door may offer a guaranteed minimum level of gross income to certain car owners that are listed on the platform. To remain eligible for the income guarantee, car owners must ensure that their cars meet the following criteria throughout the Guarantee Period.
To be eligible for the guarantee, your car needs to:
(p.s. – If your car doesn’t quite meet all of these criteria, you can still join and get your car earning its keep!)
The Owner must also comply with their obligations under the Owner Supplement and not do anything that is intended to, or likely to have the effect of, reducing their car’s bookings (for example, but not limited to, asking borrowers to cancel a booking or intentionally making it difficult for borrowers to access or enjoy the use of the vehicle).
The income guarantee is available to new car listings started after 1 January 2016.
We guarantee that your Gross Income (your share of your car’s income) will be at least $2000 by the end of the first 12 months that your car is shared (subject to the eligibility criteria set out above). Your Gross Income is shown on your monthly invoice statement.
If, at the end of 12 months, your car has met the eligibility criteria and your Gross Income is less than $2000, then we will pay you the difference.