HiyaCar Enables Consumers to Rent Vehicles from People in Their Area
Riley von Niessen — November 15, 2017 — Marketing
Consumers who are travelling or just looking for a short-term car rental are likely to find 'HiyaCar' appealing.
A peer-to-peer-based service, HiyaCar benefits both those who are renting out their vehicles, as well as those who choose to rent them. It benefits owners by allowing them to set their own prices, and offering them a 70% commission from the sharing revenue. In addition, they can choose who and when they rent to, by managing their preferences through an accompanying app. In order to prevent any damage from occurring to one's car, all drivers are verified through a renter's unique qualifications, in addition to the insurance that HiyaCar provides.
To find a car that suits their needs, riders simply enter the dates that they'll need it for, the area they'll be, and the pick up and drop off times that work for them. From there, they can choose between a number of different cars -- making for a simple and efficient experience.
A peer-to-peer-based service, HiyaCar benefits both those who are renting out their vehicles, as well as those who choose to rent them. It benefits owners by allowing them to set their own prices, and offering them a 70% commission from the sharing revenue. In addition, they can choose who and when they rent to, by managing their preferences through an accompanying app. In order to prevent any damage from occurring to one's car, all drivers are verified through a renter's unique qualifications, in addition to the insurance that HiyaCar provides.
To find a car that suits their needs, riders simply enter the dates that they'll need it for, the area they'll be, and the pick up and drop off times that work for them. From there, they can choose between a number of different cars -- making for a simple and efficient experience.
Trend Themes
1. P2P Car Sharing - Encourages trust between strangers and allows for owners to make extra income by allowing individuals to rent their car.
2. On-demand Car Rentals - Enables consumers to rent cars on-demand without the traditional requirements of rental companies.
3. Shared Economy Services - Promotes a shared economy model where individuals can benefit financially and environmentally from sharing their resources.
Industry Implications
1. Car Rental Industry - May face competition from more convenient and flexible P2P rental models that appeal to consumers.
2. Insurance Industry - May find new opportunities in offering specialized insurance products for P2P car rentals that protect owners and renters.
3. Hospitality Industry - Could partner with P2P car rental services to offer their guests more convenient and affordable transportation options.
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