launching a peer to peer rental company

Amazon
vVnx70

Go to company page Amazon

vVnx70
Apr 10, 2020 43 Comments

it would be essentially airbnb for items. our intial launch would be focused two categories- 1) tools and home improvement and 2) sports and outdoor equipment. north star is to have every category on platform.

think about that pressure washer you bought for $400 that you have used once. that kayak taking up space in your garage. rent it out!

would you use this platform? would be free for users and renters. open to tips or suggestions.

#sidejob #startup #gig

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 TOP 43 Comments
  • New
    axVbvrl

    New

    axVbvrl
    There aren't too many things that are costly enough to persuade people to rent otherwise. Only house (airbnb) and car (uber/ lyft) are the viable options.
    Apr 10, 2020 1
  • eBay
    mewrba

    Go to company page eBay

    mewrba
    https://www.getidle.com
    Apr 10, 2020 0
  • New
    cat in a b

    New

    cat in a b
    For tools, the big box stores already offer rentals. How are you(platform) playing cop w/ this one in a full blown he said she said scenario?
    Apr 10, 2020 2
    • Amazon
      vVnx70

      Go to company page Amazon

      vVnx70
      OP
      Selection and price are not great for big box stores.
      We would have insurance on the platform and also get a deposit from the renter in case of damaged/ lost goods.
      Apr 10, 2020
    • Not great? I've never failed to rent the tool I need from either Ace (for small things) or Home Depot. And I don't need to provide more than my credit card.

      So far, the value prop isn't there for me.

      Similarly, the last time I needed a kayak, I rented one.
      Apr 12, 2020
  • Google
    Gentrified

    Go to company page Google

    Gentrified
    Who assumes liability if that pressure washer injured someone or is fatal? What about damage to equipment or when it doesn’t perform per specs? A Home Depot can easily offer the same lease/rental option, with adequate distribution footprint and kill your business model?
    Apr 10, 2020 1
    • Amazon
      vVnx70

      Go to company page Amazon

      vVnx70
      OP
      We take a deposit from renters for damage and then we would have general liability insurance on platform. Home Depot only does tools, doesn’t have a desirable CX and locations are not optimized for city dwellers.
      Apr 11, 2020
  • Google
    achu

    Go to company page Google

    achu
    I get my tools from the tool library for free. Not sure how wide spread tools libraries are though
    Apr 12, 2020 0