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Archive for the ‘Spagg Network hints’ category

What is the difference between Spagg and Zipcar?

October 23rd, 2009

One question that people frequently ask us is whether Spagg is just another car sharing service, such as Zipcar.

Well, it is not. We are quite different. Car sharing companies are basically rental companies where you pay by the hour. They have their own cars, they negotiate with local government easy parking locations around the city and they generally have an expensive rate composed by a subscription fee and a per hour on top of it. A day of car rental with a car sharing company typically costs you around $70, which is about as expensive as any other car rental company.

The Spagg Network, on the other hand, is a peer-to-peer car rental marketplace. Spagg specializes in offering you the cheapest car rental rate by matching you with a private owner who wants to rent their own car. Our rates are typically half as much the traditional car rentals, and our minimum rental duration is 1 day. Even if you pay a lot less, you get as much value for your rental: roadside assistance, secure transaction, insurance, etc.

To rent with the Spagg Network, check our cars at http://www.spagg.com/

To register your vehicle for rental, visit http://www.spagg.com/register.php

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Posted in Car rental tips, Spagg Network hints

Why average car rental prices skyrocketed

October 3rd, 2009

Car owners generally get surprised when I tell them how much money they could be earning by renting out their cars. They don’t believe when I show them the absurd prices of rental cars these days. We all remember that in the recent past we could rent very good cars for $20/day or less.

Well, this is not possible anymore! Rental car prices in the US have increased astronomically in the past year or so. Just to give an example, if you want to rent a mid-sized car in Los Angeles International Airport during the week, it’s hard to find a deal for less than $60. And that is only if you have more than a week advance booking. Rates for same week rentals start at $100.

If you don’t believe me, check it out for yourself: http://www.priceline.com/rentalcars/

Why is that? The phenomenon is generated by the good old market forces: supply vs. demand. The major car rental companies in the US needed to reduce considerably their inventory during last year because of the recession. As a result, today there is a lot less supply of cars than it used to be. So the prices went up. At the same time, consumers are all trending toward value deals these days. But it looks like traditional rental companies are not listening to that trend.

That creates a wonderful opportunity for private owners to enter the market and offer that value deal that car renters are looking for. So don’t wait anymore, register your own car with the Spagg Network!

http://www.spagg.com/register.php

For more information on the subject, check out this article from Newsweek: http://current.newsweek.com/budgettravel/2009/06/rental_car_prices_skyrocket_so.html

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Posted in Making extra money while in college, Spagg Network hints

Welcome to the Spagg Network!

September 16th, 2009

Thank you for visiting our blog. The purpose of this blog is to help spread the word about the Spagg Network, and help college students with financially related matters.

If you’re a college student, subscribe to our feed. We will be publishing great ideas on how to make and save your money while in school, such as scholarships, grants, internships, lodging costs, and of course, how to make money with your car by leveraging the Spagg Network.

The Spagg network is a peer to peer car rental marketplace. College students can register their cars to rent them out, making extra money to help pay for college. And guess what, the rentals are going to be great deals, since we are bypassing all of the expensive costs at rental companies.

Spagg is the first place where students can securely rent their own cars. We have consulted with legal experts, car rental specialists and insurance companies to make this service safe, easy to use and fun!

Top 5 ways you can get involved and help the Spagg Network:

Take a look at the website and give us your feedback.
Subscribe to our blog and ride along with us. Even if you’re not a college student! As we progress on this adventure, we’ll let you know how things are going and publish some cool ideas on innovative ways to make money .
Become a fan on Spagg’s Facebook page and Spagg’s Twitter page.
Publish our address on your facebook and twitter profile: www.spagg.com
Tell your friends! You can forward this email to anybody you want. The more people you reach, the more college students we can help make money .