Airbnb rental app has placed its mark in the car rental industry too. We can say they capture all possible rental services in its single business model, which can be from boats, space, and to cars.
Airbnb has focused on all people’s struggles and demands. And gets engaged in creating a new venture, to achieve big success. Airbnb for car rental is also like that. People who are not interested in buying cars or think the purchase is more expensive are searching for rental cars when they are planning long trips.
You may think, Uber, Ola, and Lyft are the biggest ride-sharing apps contributing a lot to the transportation industry, then why do we need Car rental services?
It’s simple. They are just a ride-sharing service app that gives rides with some limits, but renting a car will give users some privacy, without the help of other drivers, users can use them on their own.
Hence, now this car rental business is more popular among many entrepreneurs, because of its increasing revenue.
Let you start doing this car rental as your new business.
Continue reading to know more.
Car Rental Business-What?
A car rental business app is a medium that works between the owner and the renters. This is a peer-to-peer car-sharing network that allows users to lend their vehicles to others. This gives the users more benefits, where the owners will earn high profits and the renters will get an affordable price and can avoid the extra taxes and charges.
The significant workings points of Airbnb like car rentals,
- The car rental process has occurred wholly throughout this app platform. Owners can list their vehicles in your app based on their type and category. Car renters will search for a collection of cars and can book their needs in the app.
- Chat process for the details of rides including price, trip kilometers, days, and more. Once the renting is confirmed between both users. They will go further with, holding the details about the trip and the vehicle. This includes all the proof of vehicle, renters details, and id with enough documents.
- After all the checking, the owner will deliver the car to the user’s location. Before that rider should accept all the risks, terms, and conditions to hand over the vehicle safely. Finally, payments can be done through the platform via digital wallets or can be by cash.
- To examine the car’s and riders’ security, the app is developed along with the GPS tracking methods, thus ensuring reporting to the car owners and the admin team.
Though significant working points in car rental services, still you have questions why I start?
Let me know the answer to your question.
Car Rental Business-Why?
For every business, even an experienced entrepreneur will have some doubts or anxieties while starting it.
And may have many questions, will this business model grow in the future, will it be sustainable, and more?
Simply, you might want to know the car rental market potential.
Let’s see, there is no bound for the need to travel for all people, it can be anything: stays, flights, car rentals, and more. This will be a compelling business for all time. The only thing is you need to work dynamically for attaining the brand name to overcome the competition.
Surprising stats for you
- The Airbnb-like car rental market has accounted for about 115 billion USD in the year 2021 alone. This includes all the tourism vehicle rental markets that occurred through online platforms.
- And also expected this revenue will get 3X times to increase in the next coming year i.e., in 2022. This will get a 28% increase in revenue after the year 2024.
Though there will be high competition in the market for online car rental services, there is also more space for you to launch the car rental services via niche features, offers and services to the consumers.
Let’s be ready to act only as a medium platform between car owners and renters. This will ensure your business starts with less investment and results in heavy ROI.
How Will It Be Unique In The Online Car Rental Industry?
You are going to launch a sharing economy platform, so the success of your startup completely depends on the design and the easy user interface of your platform.
It’s quite simple. A better user-friendly app will define your uniqueness in the industry. So, develop your app with all the admiring features, that will ease the rental work of the users.
Let’s know some of the significant features of the car rental app using Airbnb like business models.
Multiple Signup Options
Easy login options will make the users continue with the app to try. Create your app with dynamic social media login registrations that’s as Facebook, Google, Instagram, etc.
Advanced Search Options
Merge your app with various categories, sort, and filter options to find the needed cars easily from the thousands of cars list.
Instant Vehicle Booking
Immediate booking options will entice the users with instant vehicle delivery and make them enjoy their travel quickly without any delays.
Vehicle Delivery Location
This feature allows the owners and riders to select different locations for delivery and pickup. This will be more beneficial for the users to experience affordable car rental services.
Car Listing Modules
It’s a very important feature to find cars easily for the users. Make this module to fill in the car details and help in setting the category which includes all the amenities, price, and videos, of the vehicle.
Reviews And Ratings
This is another significant feature of the users to know the history of the vehicle and the owner. This feature helps the renters to know exactly about the vehicles by the reviews placed by the previous users.
The above are the features for the users. There are many features similarly for the owners and the admin panel.
Let’s see some of the significant features of
- Income Calculator
- Time Durations Of rental and buffer period
- SEO Optimizations For Ranking Their vehicle page
- Push notifications
- Media management
- Order status
- Enable/ disable listings.
- Payment layout details.
So, let you develop your car rental software with all the above MVP features that should be enhanced with advanced technologies.
Build Your Car Rental App With The Airbnb Clone-Car Rental Script
There are two methods of programming approaches(high code and low code) that can be utilized for the development of your car rental service mobile app.
Merely, first, choose your development platform, it will be wise to develop your app with the readymade clone script solution. Pick a remarkable mobile app development company that provides a robust Airbnb clone script with all the customization features like adaptability, flexibility, and more. And ask that they are giving agile methodology for your app development.
Choosing the car rental business model and the features to be integrated is just a roadmap for entering into the car rental business like Airbnb. During the development process, you can work along with others like branding, licensing, marketing, pre-launch programs, delivery channels, etc.
This will help you to launch the business quickly without any delays.