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

Peer to Peer car sharing is a part of the sharing economy, which is growing at an enormous rate. <br>This Presentation discusses the theory of peer to peer car sharing, how it happens to be one of the best startup platforms for an entrepreneur.<br>

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

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  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 sharinghas 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.rentallscript.com/airbnb-clone-for-cars/

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