Are you one of the many who want to get rid of your monthly car payments, insurance, maintenance fees and more? Enter this clever car sharing service announced this year at CES – WaiveCar – the first car-sharing program that runs on advertising dollars, and gives drivers a break.

Here’s how it works:

WaiveCar’s fleet of compact, four-door cars are 100% electric and 100% emission-free. And they are zippy: going from 0-60 mph in 7.9 seconds, with 141 horsepower. Each car is outfitted with Bluetooth and has an 80-mile range per charge.

Using WaiveCar’s mobile app for iPhone or Android, drivers can find a car near them, book it and start driving — no cards or keys necessary. WaiveCar will unlock the door for you remotely, and the keys are inside. (And insurance is part of the all inclusive-deal.)

Once your driving time is up, a map will show where you can drop off the car. Depending on where you leave it, you can earn extra rewards. And the company has plans to establish valet stations throughout the area to make dropoff a breeze.

Learn more at www.waivecar.com or see more details in this official announcement