Peer-to-peer rental marketplace allowing users to rent out idle assets, maximizing utilization and providing extra income for owners.
Idle is an innovative peer-to-peer rental marketplace launched in 2018 that is designed to help people earn extra income by renting out their underutilized assets. The platform connects asset owners directly with potential renters in their local community.
Anyone can list their idle assets on Idle like cars, parking spaces, tools, equipment, venues, clothing, electronics, and more. Asset owners set their own rental terms and pricing while Idle handles things like insurance, customer screening, and secure payments. Renters can search assets by location and booking availability and complete their rental transaction right through the Idle platform.
A key value proposition of Idle is helping owners monetize assets that would otherwise sit idle and unused for much of the time. For renters, it provides affordable access to assets they only need temporarily. This maximizes overall asset utilization in communities.
As of 2022, Idle is available across over 5,000 cities in the United States. Key features include customizable rental settings, certified renters, insurance protection, secure online payments, owner dashboard to manage all rentals, mobile app access, and 24/7 customer support.
Idle offers an innovative approach to accessing assets on-demand while allowing owners to offset the cost of assets they already own. For renters, it provides affordable short-term access without needing to pay full ownership costs.
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