Turn Unused Appliances or Vehicles into Cash

The "Sharing Economy" is helping people profit from renting their cars or unused items for cash.
3:00 | 03/03/14

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Transcript for Turn Unused Appliances or Vehicles into Cash
-- it's -- Rebecca Jarvis for ABC news Yahoo! beyond the headline. Consider this how many things in your house are just sitting there they're getting used -- maybe it's your snowblower which properties -- wanted this winter. Or maybe it's a blender or maybe it's betrayal or may -- it's your car. Did you know that your car sits idle 92%. Of the time. And we don't -- families who are making money from idle time. In fact this -- us in Chicago are making 250. Dollars every weekend. Just renting out back hard and I -- it. Would be sitting here otherwise they found a website -- really dot com that lets you or anyone. Rent out your car it's very simple you set -- price. Use that time in the availability and location for -- you fill with gas just like that rental car companies do you. And that someone comes by except that he's -- -- -- really -- also covers it up to a million dollars insurance. Is all taking care -- this take us are considering that as their son's college -- but at least. It's part of it because they're finding ways to make real money up with something pet. What otherwise just be sitting there and people around the country are doing this in fact. Right now that economy what's known as -- -- economy people renting out your goods or services. They're taking isn't -- half billion dollar economy. And there's multiple web sites multiple different sources out there that are helping link and connect people girls abetting them to make sure that. It's something that everybody is safe involves doing it even works wit renting out your home as it doggy day care. Rebecca Jarvis you can follow me -- Rebecca Jarvis this is beyond -- headline for ABC news and.

This transcript has been automatically generated and may not be 100% accurate.

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