I am currently in need of a car, and considering if CarNextDoor would be a good idea to help with the expenses.
Facts:
There are so many variables, like demand in my suburb (which isn't in their guaranteed list), times I have the car available, etc.
Cost = $60 per month, which includes cost of comprehensive insurance and roadside assistance for me. ($500 excess for at fault accidents, $0 for renters accidents)
Income = $25-$40 daily, plus $0.25 per km travelled. (50% of first $240, and 75% of subsequent income)
I work part-time, commuting on public transport. I don't use the car from Sunday afternoon till Wednesday afternoon.
There seems to be good reviews from both users and owners on productreview - http://www.productreview.com.au/p/car-next-door.html
My thoughts:
I haven't chosen a car yet, so I am considering if I should buy a small hatch (2-4 years old) for personal use $14k, or an older car (4-6 years) $10k so wouldn't be as concerned about any damages on CarNextDoor.
I think the monthly cost of $60 is reasonable considering it covers the cost of comprehensive insurance and roadside assistance. $720 seems very reasonable sum to pay for that. Without this, I'm almost certain that would cost more than the $720. $500 excess is also reasonable for as a lot of car insurance policies seem to offer $1000 excess for discount.
There is also one called drive my car, I dunno which is better, but u should look into it too.