DriveShare takes 35% of the daily rate of each completed trip. This fee covers the cost of the full insurance, roadside service and support, payment processing, driver verification, listing and availability management and support services provided by DriveShare to both the owner and renter during the rental period. For additional information, please refer to our policies page.
All owners are required to set up their DriveShare account pages prior to accepting any booking requests. This ensures that when rentals are completed, owners will have the ability to immediately cash out their earnings. Funds are transferred to the owner’s DriveShare account within 72 hours after a rental is completed. The funds will then transfer from the DriveShare account into the listed bank account. Note that depending on one’s bank this could possibly take another day or two to appear in his or her balance. The funds should appear in your bank account within 5 business days after the rental is completed, depending on your bank’s processing times.
Additionally, if you believe there is a need to take payment out of a renter’s security deposit (damage not related to an accident, a soiled interior, smoking residue, etc.) please contact DriveShare as soon as possible after the car is returned. Unless we’re otherwise notified, the security deposit is returned 72 hours after a rental ends.