RelayRides: Car Sharing Service Offers Alternative to Renting

Service allows car owners to rent out cars, and renters can even unlock doors with their smart phone
3:00 | 08/10/12

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Transcript for RelayRides: Car Sharing Service Offers Alternative to Renting
And as many as parking. Get attention to blame for the best deal he -- checkered past can't get any better bring -- back -- thank. You need your -- your right. But now there's really died but few here car sharing service that allows car owners to rent out their vehicles by the hour date -- set their own rates. Those who -- -- simply go on mine in search listings in their local area. In New York City found 56 cars available within five miles with ABC's offices some -- was eight dollars an hour. Despite the fact that the company takes a 40% cut of rental prices founder Shelby Clark says it's a great -- -- car owners to make some extra money it's not -- company. Over thousand dollars a month to get your your car payment your insurance parking gas everything -- -- and taken to help their neighbors. Nervous about letting out your -- Well before minors can hit the road they're driving records are -- really rides also ensures every transaction both car owners and renters can review each other on -- We have a -- rating -- -- rector street corners and under her records. And if -- detectives usually looking for your keys really writes -- got covered. The company recently partnered with General Motors and OnStar to allow users to unlock cars using their Smartphones. It's pretty -- you press a button on your phone in the car locks drivers have access to the same services that OnStar members. Through leveraging the technology systems for many years now and -- he. For city dwellers without a car it's just one more way to get moving. -- -- change ABC news New York.

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

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