Finding 1 of 5
Both peer-to-peer car platforms that tried New Zealand are gone, and Getaround shows that owning no cars doesn't protect a marketplace
YourDrive, half-owned by Jucy, signed up more than 25,000 owners and renters before it stopped trading in March 2020, when the border closure removed its tourist bookings. MyCarYourRental, founded in 2015, advertised over 300 cars in 2025 and its site no longer loads. Mevo, which owned its fleet, went into administration in March 2026 and was relaunched by Carbn with 12 cars. Getaround ran Turo's model and lost US$113.9m on US$72.7m of revenue in 2023.
For Turo
A Turo launch would be the third attempt at peer-to-peer car hire here, and YourDrive's dependence on overseas tourists, which vanished when the border closed, is the closest local warning.
Observed ยท SEC filings, NZ context sources, Getaround, Mevo, Camplify profiles
Exhibit 1
Both peer-to-peer car platforms are gone, and only the campervan marketplace is still growing