Markets in Everything: Peer-to-Peer Car Repair
From the YourMechanic website:
"Our mechanics come to you! Think of us as the AAA of car mechanics. We help you find the right mechanic, find fair price of the services, book an appointment, pay for services, and get your car fixed at the convenience of your home or office."
"At repair shops and dealerships, mechanics make very little money ($15-$25 an hour) even though you pay anywhere b/w $80-$150 an hour. We connect you directly with independent mechanics. You pay less, mechanics make more and we get a small transaction fee. It is a Win-Win situation."
The video above highlights a satisfied YourMechanic customer.
"YourMechanic, is a peer-to-peer car repair marketplace that enables mechanics to fix users’ cars at their home or office. It claims it will lower costs 30-50% from shops and dealers, offering an “Uber-like experience” where the mechanic visits you to service your car."
"YourMechanic offers mechanic profiles, reviews from customers, a fair price calculator “to ensure that you are paying a fair price,” and online repair records. They will also offer maintenance notifications on smartphone apps and via email, so you don’t forget to change your oil. Your Mechanic says its instant pricing engine, which uses half a billion data points, is an industry first."