KAMLOOPS’ NO. 1 AUTO-BUYERS’ GUIDE
TORONTO — A company that has taken the Airbnb model and adapted it to car rentals launched this week in three provinces, its first foray outside the U.S., though it wrestles with the same insurance headaches that other startups in the so-called sharing economy have faced. Turo, which debuted as RelayRides in 2009 and now operates in more than 2,500 cities, facilitates vehicle rentals between car owners and anyone needing a ride. People in Alberta, Ontario and Quebec hoping to make money from their cars register them online to rent them to other Turo members. Turo determines the rental cost of available vehicles each day based on data like the car’s market value, location and time of year. The company pockets 25 per cent of the rental fee, which includes a charge for the owner’s insurance coverage during the rental. But provincially regu-
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lated insurance rules have made a seamless transition north of the border difficult. The limited launch Tuesday “was the most expedient way for Turo to bring peer-to-peer sharing to Canada,’’ said
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Cedric Mathieu, Turo’s director of Canada, in an emailed statement. Turo has partnered with Intact Financial Corp. and Belairdirect to provide insurance for Canadian clients, a move that will make the service more attractive
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to customers, said CEO Andre Haddad. Anyone living in or visiting Alberta, Ontario and Quebec — and approved by Turo’s verification system, which takes into account driving history — can rent a vehicle.
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• Military-Grade aluMinuM alloy body & bed
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Retail offers may be cancelled or changed at any time without notice. Dealer order or transfer may be required as inventory may vary by dealer. See your Ford Dealer for complete details or call the Ford Customer Relationship Centre at 1-800-565-3673. For factory orders, a customer may either take advantage of eligible raincheckable Ford retail customer promotional incentives/offers available at the time of vehicle factory order or time of vehicle delivery, but not both or combinations thereof. Retail offers not combinable with any CPA/GPC or Daily Rental incentives, the Commercial Upfit Program or the Commercial Fleet Incentive Program (CFIP).*Until May 2, 2016, lease a new 2016 F-150 XLT SuperCrew 4x4 5.0L V8 300A with 53A Trailer Tow package and get as low as 0.99% lease annual percentage rate (APR) financing for up to 36 months on approved credit (OAC) from Ford Credit. Not all buyers will qualify for the lowest APR payment. Lease this vehicle with a value of $38,406 (after $2,895 down payment, Manufacturer Rebates of $3,750 and including freight and air tax charges of $1,800) at 0.99% APR for up to 36 months with an optional buyout of $23,801, monthly payment is $431 (the sum of twelve (12) monthly payments divided by 26 periods gives payee a bi-weekly payment of $198.92), and total lease obligation is $18,411. Taxes payable on full amount of lease financing price after Manufacturer Rebate deducted. Additional payments required for PPSA, registration, security deposit, NSF fees (where applicable), excess wear and tear, and late fees. Lease offer excludes variable charges of license, fuel fill charge, insurance, dealer PDI (if applicable), registration, PPSA, administration fees and charges, any environmental charges or fees, and all applicable taxes. Some conditions and mileage restriction of 60,000km for 36 months applies. Excess kilometrage charges are 16¢ per km, plus applicable taxes. Excess kilometrage charges subject to change (except in Quebec), see your local dealer for details. All prices are based on Manufacturer’s Suggested Retail Price. ¥Offer only valid from March 1, 2016 to April 30, 2016 (the “Offer Period”) to resident Canadians with an eligible Costco membership on or before February 29, 2016. Receive $1,000 towards the purchase or lease of a new and available 2015/2016 Ford models (excluding Fiesta, Focus, C-MAX, 50th Anniversary Edition Mustang, Shelby® GT350 Mustang, Shelby® GT350R Mustang and Medium Truck, all 2015 “final settled” models and 2016 F-150 XL Regular Cab 4x2 (each an “Eligible Vehicle”). Limit one (1) offer per each Eligible Vehicle purchase or lease, up to a maximum of two (2) separate Eligible Vehicle sales per Costco Membership Number. Offer is transferable to persons domiciled with an eligible Costco member. Applicable taxes calculated before CAD$1,000 offer is deducted. Retail offers may be cancelled or changed at any time without notice. For factory orders, a customer may either take advantage of eligible raincheckable Ford retail customer promotional incentives/offers available at the time of vehicle factory order or time of vehicle delivery, but not both or combinations thereof. Retail offers not combinable with any CPA/GPC or Daily Rental incentives, the Commercial Upfit Program or the Commercial Fleet Incentive Program (CFIP). See your Ford Dealer for complete details or call the Ford Customer Relationship Centre at 1-800-565-3673.®Registered trademark of Price Costco International, Inc. used under license.^Based on results from the 2015 Vincentric model level analysis of the Canadian consumer market for the Full-Size 1/2-Ton Pickup segment.‡F-Series is the best-selling line of pickup trucks in Canada for 50 years in a row based on Canadian Vehicle Manufacturers’ Association statistical sales report up to 2015 year end.†When properly equipped. Max. towing of 12,200 lbs with available 3.5L EcoBoost V6 4x2 engine configurations. Max. payloads of 3,240 lbs/3,270 lbs with available 3.5L V6 EcoBoost 4x2 / 5.0L Ti-VCT V8 engine configurations. Class is Full-Size Pickups under 8,500 lbs GVWR based on Ford segmentation.††Class is Full-Size Pickups under 8,500 lbs. GVWR. vs. 2015 competitors. Some driver input required. Driver-assist features are supplemental and do not replace the driver’s attention, judgment and need to control the vehicle.‡‡Government 5-Star Safety Ratings are part of the National Highway Traffic Safety Administration’s (NHTSA’S) New Car Assessment Program (www.SaferCar.gov). ©2016 Sirius Canada Inc. “SiriusXM”, the SiriusXM logo, channel names and logos are trademarks of SiriusXM Radio Inc. and are used under licence.©2016 Ford Motor Company of Canada, Limited. All rights reserved.
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www.kamloopsthisweek.com THURSDAY, April 21, 2016
BEVELLED MIRRORS SIZE PRICE 16 x 54........ $57.00 18 x 24........ $29.00 18 x 60........ $71.00 24 x 30........ $47.00 24 x 36........ $57.00 30 x 36........ $59.00 30 x 40........ $65.00 30 x 48........ $78.00
AALL You Need!
ALEKSANDRA SAGAN
THE CANADIAN PRESS
A company that has taken the Airbnb model and adapted it to car rentals launched Tuesday in three provinces, its first foray outside the U.S., though it wrestles with the same insurance headaches that other startups in the so-called sharing economy have faced. Turo, which debuted as RelayRides in 2009 and now operates in more than 2,500 cities, facilitates vehicle rentals between car owners and anyone needing a ride.
They can choose to opt out of insurance, or add basic or premium coverage when renting — at 15 or 40 per cent of the trip’s price. Any claims that arise from a Turo car rental have no impact on the owner’s personal insurance, said
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Open Mon-Fri 8-5 • Sat 9-1 • Closed Long Weekends
A37
SIZE PRICE 30 x 60...... $118.00 36 x 36........ $85.00 36 x 42........ $99.00 36 x 48...... $114.00 36 x 60...... $142.00 36 x 72...... $171.00 42 x 60...... $166.00 42 x 72...... $199.00
437 Mt. Paul Way
Across from Rona Home Centre (on Reserve)
372-5177
Peer-to-peer car rental company Turo launches in Alberta, Ontario and Quebec Stephanie Sorensen, director of external communications and corporate social responsibility for Intact. But it’s not so simple for people looking to rent out their cars, as insurance companies grapple with how to provide coverage. Only car owners insured by Intact Insurance and Belairdirect who live in those three provinces can list their vehicles on Turo. The insurers have modified their offerings to allow their customers to rent out their vehicles, said Mathieu. “Moving forward, we are working with other leading Canadian insurers to modify their terms and conditions to enable their customers to also participate in peer-to-peer car sharing,’’ he said. The company also plans to move to other provinces and is “working with each province’s unique insurance laws and regulatory framework to make this happen,’’ said Mathieu.
See INSURANCE, A38
Available in most new Ford vehicles with 6-month pre-paid subscription.