Ostensibly true but what you wrote glosses over all of the interesting details because the services are not that black and white. I'm more interested in the areas where they overlap — the gray area between renting and leasing. Use cases like getting a car for a few days per month or just a month or two, where services like Zipcar are also competitors. Fair's marketing claims "pay as you go, walk away at any time" in the App Store description which suggests to me it is possible to "own" a car off Fair for a month or two.