How Carmiq may fit into your life...
While you're at your 9 to 5...
You wake up in morning, spend up to an hour in traffic and start your work day at your desk. All the while, your vehicle sits in the parking lot when it could be making you money.
While you're traveling around...
Why not monetize your vehicle and offset your travel expenses instead of letting it sit in your driveway or garage for a few days or weeks. While we monetize it, you can get access to other Carmiq Teslas in other cities.
While enjoying your lazy weekend...
Make your weekend binge-watching habits even more worth it. After 12 episodes, you can still feel productive.
Why do I need to be part of Carmiq ?
Owning a vehicle can cost a ton of money and most of the time your car is barely in use. Maybe you list your vehicle on a carsharing service, where you do all the work while corporations take a large cut. You also worry what may be happening to your vehicle since it can't be remotely monitored or controlled. Why not put your vehicle, that you've already purchased, on a platform that can do all of that and more for you.
What is Carmiq?
Carmiq offers a professional fleet management experience for your own Tesla vehicle through Tesloop. As a Tesla owner you now have access to a data feed that can be used to leverage and enhance your economics. All you need to do to unlock the full potential of your vehicle is enlist it on the Carmiq Platform. Carmiq will unify all of your mobility and data needs while leveraging the connectivity of your vehicle to make the most money while you are not using the car.
What is Tesloop?
Tesloop is the first service offering city-to-city shared-car transportation in Teslas and is currently professionally managing a fleet of Model X and Model S vehicles. It combines both the low cost of electric technology with a focus on an amazing experience. We believe traveling in a safe, productive, and sustainable way should be an experience that’s truly inspiring from booking to arrival.
Seems like a lot of work?
Nope! All you need to do is enlist your car into Carmiq by providing access to your data feed. If you choose to monetize your vehicle, we will do all the work that goes into managing it.
Q. Is the Carmiq Platform running already?
A. We are currently building the Beta and will send a notification to all those signed up when we launch.
Q. Do I get anything for signing up early?
A. Yes. Enlist your vehicle by filling out the sign up form by March 31st, 2018 and you'll get access to exclusive benefits and bonuses when we launch the Beta.
Q. What if I don't want to enlist my vehicle for fleet use, but still want access to the data feed?
A. You can sign up for data services only, which grants you access to a Carmiq Dashboard and you aren't required to put your vehicle on the fleet.
Q: What is the minimum time commitment?
A. 6 hour time blocks are the minimum amount of time you will need to allow your vehicle to be managed by Tesloop to be eligible for some or all Carmiq benefits. The more time blocks you commit your vehicle to, the more vehicle expenses Tesloop will cover.
Q: What do I get with Data Services?
A. We plan to give you access to your vehicles history, service record tracking, speeding alerts, general tips, tricks and more.
Q: What is professional fleet management?
A. Tesloop will manage and monetize for you rather than spend your time cleaning, booking and self-managing all other aspects of your vehicle. We will advertise and create quality demand for your vehicle.
Q: What do I get when my Tesla is professionally fleet managed?
A. Tesloop has been managing and monetizing Teslas for years now in Southern California and we are leaders in the space. Other than generating demand for your vehicle you get a professional team marketing, managing and monetizing your vehicle. Here is how we currently plan to categorize. This is subject to change.
Level 1 - Tesloop IQ: (Sharing Data Services Only)
Free data services as they are released
Vehicle History and Service Records Tracking
Speeding alerts (helpful if you let your friends or family drive the vehicle on your own time)
Level 2 - Tesloop Peer: (Part Time Use Of Vehicle by Tesloop)
The ability to get other Teslas in other cities
Level 3 - Tesloop Crew: (Full Time Fleet Managed by Tesloop)
Favorable Tax Benefits in the United States and some other countries
All maintenance paid and managed
Faster financing payoffs
Save on parking
Q: What If I give you my Tesla full time?
A. Whenever you want to make money from your Tesla, leave it to us to monetize. With just a few days a month you can significantly subsidize your payment, and if you let us monetize your car 50% or more of the time (defined as 14 or more periods of 24 hours) your car is FREE.
Q: What vehicle payments and expenses are covered?
A. The more you allow your vehicle to be on the platform the more we will cover your vehicle expenses. At a certain threshold we will cover all of your vehicle expenses and pay you a percetntage.
Q: What about Liability and Insurance? What if my vehicle is damaged?
A. When your vehicle is being actively managed by Tesloop on Carmiq it will be insured though our insurance partner. In the unlikely event of your vehicle being damaged, we will give you a loaner vehicle until repairs are done.
Q:Do you have a financier?
A. Our financing partner for Carmiq is Sutton Leasing. The amount due at signing and downpayment to be disclosed when Sutton or your financier runs your credit. At the end of your lease you will be able to take ownership of your Tesla. If you don’t want it at that time, Tesloop will purchase it from Sutton or your financier.
Note: This combines the benefits of a lease and ownership (no upfront tax)
Q: What are the tax implications?
A. Speak with your accountant about the following details. The government allows $0.55 per mile for vehicle operations and depreciation. For every mile your car drives as part of the Tesloop Fleet, you may be able to deduct that amount from your passive income.