Loanr enables vehicle owners to earn predictable monthly income by placing their vehicles with local auto repair shops for long-term use as loaner cars. This is not short-term renting — vehicles are placed for weeks or months at a time, with operations and insurance handled through Loanr.

Loanr is focused on late-model compact and economy vehicles that are:

• Reliable and easy to drive

• Clean and well-maintained

• Typically 5–8 years old or newer

Examples include vehicles like:

• Toyota Corolla

• Honda Civic

• Hyundai Elantra

• Kia Forte

• Similar compact or economy models

Luxury, specialty, or high-performance vehicles are generally not a fit.

Hosts typically earn around $900–$1,100 per vehicle per month, depending on placement, region, and utilization.

Loanr is designed for hosts who prefer steady, predictable income over short-term rental upside.

Most vehicles are placed for 30–90+ days at a time.
Placement duration depends on mileage, usage, and shop demand in your area.

Longer placements mean:

• Fewer handoffs

• Less downtime

• More predictable earnings

Vehicles are placed on-site at the repair shop for the duration of the agreement.
The shop is responsible for daily custody, cleanliness, and refueling while the vehicle is in their possession.

The vehicle may be driven by:

• The repair shop (for positioning or cleaning)

• The shop’s customer while their vehicle is being repaired

All drivers must complete Loanr’s digital check-out process before using the vehicle.

While your vehicle is actively placed through Loanr, it is covered by the Loanr Protection Plan, which includes coverage:

• While the vehicle is in shop custody

• While it is loaned to customers

Coverage is activated only when the vehicle is active on the platform, and custody transitions are logged for clarity and protection.

Yes. Hosts are expected to maintain their personal or commercial insurance as required by law.
Loanr’s coverage is designed to supplement and protect during active placement, not replace ownership responsibilities.

Loanr enforces:

• Mileage thresholds

• Time-based rotation guidelines

• Condition checks at check-out and return

Vehicles are rotated out of placement to help protect long-term condition and value.

Yes. Hosts can remove vehicles with reasonable notice, subject to placement terms.
Loanr prioritizes predictability for shops, so early removals should be the exception — not the norm.

No. Loanr is not a marketplace for short-term rentals.

Key differences:

• No nightly pricing

• No guest screening or messaging

• No constant handoffs

• No demand volatility

Loanr is built for long-term placement and stable income.

No. Joining the host waitlist is free and non-binding.

Loanr onboards vehicles gradually as shop demand becomes available in each region.

Placement timing depends on:

• Your location

• Vehicle type and condition

• Active shop demand nearby

Joining the waitlist gives you priority access as placements open in your area.

Simply join the Loanr Host Waitlist and provide basic details about:

• Your vehicles

• Your location

• Your availability

Loanr will reach out when a placement opportunity becomes available.