Car manufacturers are clearly preparing for a future when people don’t buy many cars. Ford plans to launch its ride hailing service in 2021. GM just invested $500 million in Lyft. Tesla CEO Elon Musk’s “Master Plan” tells Tesla owners that in the future they will able to add their car to a shared fleet that will “generate income for you while you’re at work or on vacation.”
But if you can’t wait, you can still get someone else to pay for your car today. Car-sharing services for privately-owned vehicles are a small but increasingly popular way to pay off monthly payments, or turn a luxury vehicle like a Tesla Model S into an affordable purchase.