Is Peer-to-Peer Car-Sharing Business Profitable in 2020?

1
Is Peer-to-Peer Car-Sharing Business Profitable
in 2020?
2
Peer to Peer Car Sharing

• Peer to Peer car sharing enables the car owners
  to rent out their cars either free or for a fee,
  typically by means of the Internet.
• The backbone of the car-sharing business is the
  trio,
• Car owners - The car owners can post listings and
  can get access to certain features like adding
  payout method, managing user requests, etc.
• Renters - Customers can scroll through the
  listings, select the preferred car and can leave
  a review.
• Admin - Admin has access to manage users,
  listings and reservations. Reviews auditing,
  verification of documents, managing service fees
  are also carried out on the admin panel.

3
Market Analysis

• P2P car sharing has provided significant
  opportunities due to the majority of population
  that has access to better connectivity and a
  large number of users of information technology.
  
• According to Frost and Sullivan, the market is
  expected to grow at a CAGR of 9.7 by 2025 to
  reach 4.7 million.

4
How Peer To Peer Car Sharing Businesses Make
Money?

• The admin receives the service fee for every
  booking made from his/her website or app.
• The car owner benefits from the rent received and
  renter enjoys the privilege of comfortable
  driving without having to buy the vehicle.

5
Features of peer to peer car sharing Script

• Managing Cars - Manage your cars and its
  information such as type of car, legal
  documentation, etc. with the car rental script
  which can be customized as per your preference.
• Search Filters - Go with the car rental script
  that has search filters, to help in selecting
  preferred cars.
• Convenient pricing - Table the rental prices
  based on factors like peak time and tourism
  seasons to manage the revenue stream.
• Car Listings - List your cars effortlessly using
  the dedicated dashboard with the help of a rental
  script.

6
Features of peer to peer car sharing Script

• Verification - Acquire only verified drivers and
  renters to avoid fraudulent activities. Document
  verification for drivers and renters should be a
  mandatory process in a car rental script. It
  helps to build trust between the driver and the
  user.
• Safe payment option - Pay safely with the
  reliable payment platform in the car rental
  script.
• Multi-Currency and Language Support - Launch your
  peer to peer car rental business globally with
  the multiple currencies and language feature.
• Ratings and Reviews - Know what your customers
  have to say about your business with the ratings
  and reviews feature of car rental script.

7
RentALL Cars - Peer to Peer Car Rental Script

• RentALL Cars, a fully customizable car rental
  script that helps entrepreneurs to launch their
  peer to peer car rental business without worrying
  about web and mobile app development cost, time,
  etc.
• Excited to know more about RentALL Cars?
• Click the link and get set go- https//www.rentall
  script.com/airbnb-clone-for-cars/