A security deposit may, in Getaround's sole discretion, be required on a per-Trip basis to guarantee the payment of any reservations, extensions, charges, taxes, fees, or fines applicable to the Renter's use of the car during that Trip. If required for a Trip, the amount of the security deposit will be shown on the confirmation page for that Trip.
The security deposit, minus any unpaid amounts applicable to a Trip, shall be refunded to the Renter seven days after the successful completion of that Trip. Any amounts due greater than the security deposit will be separately charged. Please note that it may take 7-10 days for your financial institution to process this refund.
Example: A Security Deposit for a trip that ends October 1st will have a refund initiated on October 8th. It may take until October 15 - 18 for the funds to be returned to an account pending any bank closures on weekends or holidays.
Security deposits may vary with car type, trip type, or trip length at Getaround's sole discretion. You can read more about security deposits and our fees at https://www.getaround.com/terms/fees.