What is the difference between car sharing and car rental?

Car sharing has been a booming industry in Illinois for the last decade. The industry has exponentially grown that some legislators are pushing for it to be held on the same standard as traditional car rental businesses. Despite car sharing being dubbed as a “car Airbnb” a lot of people are unaware of its distinction from the traditional car rental. How do these two services differ?

Car sharing is primarily used by consumers from densely populated areas with no vehicles and are best for short-term usage. Its benefits include:

Despite the convenience it offers, shared cars are less regulated than rentals and are not held in the same taxing structure. Consumers will also have to keep the vehicles clean. Although owners and their units in car sharing services are not as thoroughly inspected by the State, they are still checked for legal documents, licenses, and insurances to ensure consumer safety.

Car rentals offer a traditionally safer choice as it is regulated in the State of Illinois; it follows safety standards via inspections. Its differences from car sharing include:

While the two have stark differences, these services are best used following its intended purposes. If you plan to include your vehicle in car sharing programs, you should be aware of proper regulations. The Illinois Department of Transportation (IDOT) encourages those with questions about car sharing to contact its local toll-free number 866-446-5364.

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