The idea seemed to have enormous potential: give automotive wannabes the opportunity to drive the ca

The idea seemed to have enormous potential: give automotive delta airlines tickets wannabes the opportunity to drive the cars of their dreams.  Unfortunately for San Francisco-based start-up HiGear, the company also gave a bunch of car thieves to steal the cars of their dreams.
The company offered a distinctive twist on the growing delta airlines tickets car-sharing phenomenon.  While most of the other players in the emerging delta airlines tickets field, such as ZipCar, focus on basic transportation, HiGear went to the other extreme, lining up luxury and exotic models from the likes of Aston Martin, BMW, Bentley and even a Tesla.
After going through a seemingly careful sign-up process members of the service would pay anywhere from $125 to $600 – with the average being $410 a day, according to company officials – plus insurance.  The vehicles they would rent were actually owned by individuals, including co-founder Murtaza Hussein’s BMW Z4, rather than company-owned.
Unfortunately for HiGear, a sophisticated car theft ring figured out how to game the system, using stolen identities and credit cards to line up rentals and then make off with four cars the company says were worth $400,000.
“This incident exposed us to the worst-case risks inherent in our service. Even by improving security and processes, we are not completely sure we can prevent an incident of this sort from happening again given the peer-to-peer nature of our service,” they wrote.
It is one thing when thieves hack into an Amazon.com but with the typical HiGear vehicle worth $70,000, “HiGear needs to be shut down to prevent organized crime from taking advantage of the service again.”
It remains to be seen if a similar problem will afflict other car-sharing firms, though HiGear officials say they believe delta airlines tickets the problem was unique to their service because of the high value of the cars it offered for rent.
Tags: auto news , car news , car rentals , car sharing , car sharing theft , car theft , car theft rings , higear , luxury car rentals , luxury car sharing , paul a. eisenstein delta airlines tickets , paul eisenstein , thedetroitbureau
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