There’s no question that price is one of the biggest factors for drivers when deciding which car to book. At the same time, you want to earn as much as you can from renting out your car.
To find a price that’s not too high or too low, we’ve made it really easy for you to set fair prices on your listings - no economics degree necessary!
The daily price
“If you’re a new owner on Getaround, consider setting a daily price that’s slightly lower than average to attract potential drivers. You can always increase your price later.”
To complete your listing, you’ll need to set a daily price. This price will be used as the reference from which we’ll calculate what the driver will pay, and what you’ll earn from the rental. So it’s important to set a daily price that earns you money but doesn’t turn off drivers.
Setting a daily price of £30 per day, for example, doesn’t mean that the driver pays £30 per day. They’ll pay £30 plus additional fees for insurance and booking. You’ll earn £30 minus the Getaround service fee. Learn more about the rental price.
Our recommended price
Don’t know what daily price to set? Use our pre-filled suggested price to start. We calculate this price based on multiple factors, including the model and age of your car, and the prices of similar cars in the area.
Pro tip: Turn on Smart Pricing to use our recommendations and take the guesswork out of setting prices. Read more about Smart Pricing here.
“Certain cars earn up to 20% more with Smart Pricing”
Smart Pricing
You also have the option to choose Smart Pricing.
With Smart Pricing, your prices are automatically optimised based on current demand.
Our data shows that certain cars earn up to 20% more with Smart Pricing. What’s more, you get tailored prices, adapted to each car for each date. And the bonus? You also save time. Tweaking your prices is time-consuming. Smart Pricing does it automatically for you.
Want to know more? Read our introduction to Smart Pricing.
Multi day discounts
We’ll use your daily price to calculate a price structure that will help maximise your earnings. This takes into account discounts based on trip duration: the first day is the most expensive (to ensure the rental is worth it), then the price gets reduced for longer rentals to stay competitive. The longer the trip, the better value for the driver.
1 hour price = 45% of daily price
The first hour will earn 45% of your daily price, so short rentals are always worth it. The price will then increase gradually up to the 8th hour. For rentals longer than 8 hours, the daily price will apply. Using the price calendar, you can set higher prices during weekends or peak periods that will be reflected in your hourly price.
Service fees
The Getaround service fee is 25% of the price you set. This fee helps us run the platform and improve the experience for owners and drivers. The driver will pay for insurance and service fees on top.
