When I heard earlier this week that there would be free parking at the airport here in Philadelphia I got very excited – I could potentially save hundreds of dollars a year. Then I read the fine print, which pointed out that if I were to take advantage of the free parking I would also be agreeing to let someone else drive my precious Subaru Forester while I was away. I wondered, is it really worth it?
Some people think it could be and they may be right.
The company offering this deal is called FlightCar, the world’s first peer-to-peer car sharing company to operate at airports. They enable customers to enjoy free airport parking and earn extra cash by renting out their unused cars to other approved members.
FlightCar has seen impressive growth in the past year since its launch. It already operates in four major U.S. cities – including San Francisco, Los Angeles, Boston, and Seattle – and just this week announced expanded operations at Philadelphia International Airport (PHL), Dallas Love Field (DAL), and Washington Dulles International Airport (IAD). The company also has the financial backing and endorsement of many high-profile investors, including GGV Capital, General Catalyst Partners, Airbnb Co-Founder Brian Chesky, and Ryan Seacrest.
“We’re excited to bring FlightCar to Philadelphia, Washington D.C., and Dallas,” said FlightCar Co-Founder & CEO, Rujul Zaparde. “Our newest location near Seattle-Tacoma International Airport is our fastest-growing to-date. And today, we’re launching three markets at once to build on the momentum we’re seeing in our other cities.”
FlightCar service includes free drop off and pick up in a town car for both owners and renters. Customers get the benefit of free airport parking and a car wash – even if FlightCar does not rent out their vehicle.
Rates vary depending on the year, make, and model of the car. For renters, the fees are consistently 40-50% lower than those of typical rental car companies. Additionally, FlightCar insures each vehicle for up to $1M on property and liability, offering protection for owners and renters alike.
“If you list your vehicle with FlightCar, you are completely covered,” Kevin Petrovic, FlightCar Co-Founder & President, clarified. “There is no deductible. Your personal insurance coverage is never on the hook. We cover $1,000,000 in liability for you, per incident, and that is primary coverage in case of any incident. We also cover the full value of the car in case of collision/damage, and that is also primary, with no deductible. We cover every penny of damage. Every time.”
For more information on flight car, click here.