Your can earn money from renting out your car when you are not using it. These earnings will be deposited into a bank account of your choosing.
How much will I earn?
You will earn 70% of the rental booking amount excluding insurance.
Why does Karshare take a percentage of the rental booking amount?
We need to cover all operating costs, such as providing comprehensive insurance, and invest in enhancements to our mobile app and website.
How long does it take to get paid?
Karshare will ensure that any earnings from bookings are paid into your bank account as soon as possible, which is normally within 5 working days. However depending on who you bank with the payment can take up to 10 day working days.
Where do I see my payments history?
To see your payments history, please follow the steps below:
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Log into the mobile app or website
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Go to your Account page
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Select Transactions
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Select Payouts
You will now be able to see the complete list of all payments we have made to you.
Account view:
Transactions-Payout view:
Changing accounts
If you want to change the bank account that we will make payments to please follow the steps below:
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Log into the mobile app or website
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Go to your Account page
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Select Settings
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Click 'Payout methods'
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Click 'Add bank account'
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Ensure that you have selected your new bank account as the one you want to be paid into
Settings view:
Add bank account
Adding a new payout method: