Stephen Grootes speaks to Themba Mgimeti about how his start-up CarShareNova is rethinking car ownership by turning vehicles, especially luxury cars into income-generating assets.

Often compared to an Airbnb for cars, the platform allows owners to rent out underutilised vehicles to vetted users via a fully digital marketplace, using AI, smart insurance and secure payments to manage the process.

With hundreds of premium cars already listed, the model challenges the idea that cars are purely depreciating assets, instead enabling owners to earn passive income while reshaping the traditional car rental industry.

The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes.

He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.  

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