![]() This results in an ownership cost-per-ride of at least $190.00! Clearly, the average $100-per-day rental cost of a bike on Riders Share beats that number. Many motorcycle owners average less than 40 days of riding annually. This makes the cost-per-trip of each motorcycle ride much higher. Motorcycles are four times less likely to be used than a car, on average. Motorcycles are underutilized in the United States. This is significantly cheaper than offerings from traditional motorcycle rental companies. Motorcycle owners set the price for renting their bike, but it appears to average around $100 per day, which includes insurance. To date, Riders Share has accumulated more than 100,000 registered users, with more than 15,000 motorcycle owners sharing their bikes on the platform. The company was launched in 2018 by an avid motorcyclist. The service is designed to encourage growth and cycle ridership. Riders Share has recently launched a monthly subscription service that allows renters to book discounted rides. ![]() The option will likely replace the old traditional motorcycle rental businesses which have cumbersome requirements, are expensive, and have limited bike options. The Sacramento area is one of the company’s most popular markets. ![]() The company’s website offers a large stock of makes and models that owners across the country are offering for rent. It allows vetted riders to find a motorcycle on the website and rent it directly from the bike’s owner. Riders Share is a peer-to-peer motorcycle-sharing community.
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