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A New Way to Rent a Car

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This story appears in the July 2013 issue of Entrepreneur. Subscribe »

There are few investments less sensible than car ownership. A new purchase loses close to 9 percent of its value the minute it leaves the dealer's lot, according to automotive-information site Edmunds. Further, most cars sit idle the majority of the time.

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Andre Haddad and Sam Zaid of RelayRides and Getaround

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