Own a GM with OnStar? You can now start renting your car out for extra cash

GM announced today that OnStar subscribers can start renting out their cars through RelayRides marketplace giving them the potential to earn hundreds of dollars a month to offset the cost of owning a vehicle. The move will give those drivers that barely use their cars a way to make some extra cash on the side.

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Using RelayRides, renters can unlock a reserved OnStar-enabled vehicle with their smartphone. The move allows renters to rent their cars without the hassle of installing expensive aftermarket hardware or having to meet a renter to hand off keys.

“General Motors, through OnStar, and RelayRides have joined forces to create an entirely new mobility solution for U.S. drivers interested in more affordable, sustainable and collaborative automobile options,” said Nick Pudar vice president OnStar Strategy and New Business Development. “Our exclusive relationship with RelayRides provides an exciting new choice: the first automobiles to run on collaborative consumption.”

Check out a video of how it all works after the jump.

– By: Omar Rana