Friday Fun Facts

We came across an interesting article written by our friends at that we thought was worth sharing on this lovely Friday morning!

Quite interesting to learn things like how ridiculously popular the Tesla Model 3 is – reservations for this affordable electric vehicle is reaching 400,000 in just over two weeks since the car was announced! Or how common it is to actually find luxurious sports cars abandoned throughout the United Arab Emriates! Is the new Apple car really being built in Berlin?

We always love talking about technology on our blog so how can we not point this fun fact out? Did you hear about that new app which allows people to rent out their personal vehicle to others through their smartphones?

“It’s an entirely new way for you to start making money out of your car,” a company executive explained to a CBC reporter. The company’s name is Turo. It debuted in the US as RelayRides in 2009 and now operates in more than 2,500 cities. Car owners register their vehicle on the site. The app determines the “rental cost of available vehicles each day based on data like the car’s market value, location and time of year,” according to the report. “Provincially regulated insurance rules have made a seamless transition north of the border difficult,” according to the report. Nevertheless, Turo has partnered with Intact Financial Corporation and Belairdirect to provide insurance for Canadian clients. Claims that arise from a Turo car rental “have no impact on the owner’s personal insurance,” Stephanie Sorensen, Director of Communications for Intact, was quoted as saying.

Should be pretty interesting to see how things will pan out for Turo if it rolls out succesfully up north.

To read more fun facts from this article, please click here.

Happy Friday all and drive safe!

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