Maven Review

What is Maven?

Maven’s core offering is a Zipcar-like car-sharing service, where customers rent cars by the hour or by the day and pick them up at parking spots spread across urban areas rather than in conventional rental lots. As with Zipcar, Maven’s car-sharing advantages are the ability to rent cars for short trips, find cars located in or near your neighborhood, and not have to deal with the hassles of standard rental services like Avis or Hertz.

How does Maven work?

Maven offers so-called peer-to-peer car-sharing in certain cities. Similar to Turo, this allows users to rent their cars through the Maven app. Owners set rates within a range defined by Maven and divide the money with the company. Peer-to-peer vehicle sharing is only open to relatively new vehicle owners from one of GM’s current four brands (Chevrolet, Buick, GMC, and Cadillac).

Maven lets you rent a car to use all of your side gigs, whether it’s to deliver Postmates, driving for Uber, or delivering for Handy. You get a vehicle that allows you to earn money on your terms, with unlimited miles, maintenance, and insurance included.

What are the requirements for using Maven?

Maven has strict eligibility requirements:

• All interested parties must apply for and be approved for membership.
• To apply, you must be at least 18 years old (this is different from traditional rental services with higher age requirements).
• You must have a valid driver’s license (the US only). Your license cannot be revoked, suspended, or restricted in any way.
• You must read and accept the Member Agreement, the OnStar Terms, and Conditions and the General Motor Privacy Statement.

How do you make money on Maven?

• Maven Car Sharing For Members – Having a qualified car can be one of the biggest obstacles to becoming an Uber, Lyft, and delivery app driver. Many drivers do not have the right vehicle or are unwilling to go long and difficult miles in a personal car. Fortunately, Maven provides rentals explicitly designed for ridesharing drivers.
• Maven Car Sharing For Owners – Allows vehicle owners to rent their cars. Owners earn 60% of trip revenue, and Maven insures their vehicle during the rental period.

How much money can you earn on Maven?

Owner: The Company says that the owner of a 2018 Chevrolet Cruze can earn $533 a month by renting their car for 7 days in a month or $6,401 in a year for 12 weeks of rental.
Riders: The answer to how much you can earn on Maven depends on your car and location.

Pros of using Maven

Owners:

• The Maven platform allows GM vehicle owners to rent their cars, trucks, and SUVs by the hour or for a full day or more, generating a 60 percent share of each rental income.
• Owners of sportier or less conventional vehicles like a Chevrolet Camaro coupe or GMC Sierra truck can earn up to $19,278 a year for 12 weeks of rental.

Riders:

• You can keep the car as long as you like or as short as you like (one week at a time)
• Use with any platform; not restricted to one or the other
• There is no signup fee to join Maven and take advantage of a long term rental with prices starting from as low as $225 per week

Cons of using Maven

Owners:

• If you need your car, or if you live in the suburbs, listing your vehicle could be a hassle.
• Owners are expected to pay for car maintenance costs.

Riders:

• Currently, Maven does not offer any promotions that reduce the cost of the rental, so that you will be hooked on the full price.
• You must bring the vehicle every month (35 days for California, 28 anywhere else)
• You have to pay for gasoline
• The high cost probably only makes sense to full-time drivers in crowded markets

How do I sign up for Maven?

Download the Maven Gig app from the App Store or Google Play. Complete the enrollment process with information about yourself.

What is the website for Maven?

https://www.maven.com/

Does Maven have an app?

The Maven app is available for both iOS and Android.

Conclusion

Maven takes the idea of sharing trips to a level that is more technologically sophisticated. With keyless operation added to the mix, the experience truly becomes an option for people listing their cars.

Maven’s long-term offering complements the Maven Gig, which provides freelance rideshare and delivery drivers access to a range of GM vehicles. So members can drive to earn with delivery and ridesharing platforms. Since the launch of the Maven Gig in early 2017, Maven has grown to become the number one vehicle service provider for ridesharing drivers with a fleet that continues to expand year after year.

The main thing that we see as a drawback of Maven is that it is not available everywhere. Therefore, if you are not located in one of the network cities, you will not have this option at your disposal.