HyreCar Inc., a car-sharing marketplace for ride-shares, recently announced they started a new free credit repair program for new drivers on ride-sharing platforms in New Jersey and Pennsylvania along with a top dealer group in that area, Sansone Jr's 66 Automall.
This first of its kind program is being offered as a continuation of HyreCar’s mission to improve the lives of rideshare drivers by giving them a true path to vehicle ownership. In addition to a path to vehicle ownership, rideshare drivers are also given an opportunity to rebuild their credit. This partnership is set to fuel vehicle supply growth on the platform in the regions where the program is offered, with plans to add upward of 100 vehicles by the end of 2018.
HyreCar is proud to be the first Mobility-as-a-Service platform to focus on the long-term needs of dealerships and rideshare drivers. By giving dealers the opportunity to expand innovative solutions to car ownership, such as the “Rent 2 Own” program, rideshare drivers can more easily access affordable vehicle options. Today, HyreCar is the first shared mobility platform to recognize that credit repair services are a necessary part of the path to vehicle ownership for many rideshare drivers.
“This program is groundbreaking in that it shows one of the many ways a dealer can customize HyreCar’s technology platform to grow their existing business, while at the same time learning the Mobility-as-a-Service tools of tomorrow,” said Joe Furnari, Chief Executive Officer of HyreCar. “Further benefits include capturing higher fees, which increases our lifetime value of the customer, helping better the lives of our drivers through car ownership, and enabling dealers to sell more cars.”
“Almost ten years ago, I launched our own 'Rent 2 Own' program for people who needed a vehicle, but were also captured in a prolonged cycle of renting due to poor credit,” said Paul Sansone Jr., President of Sansone Jr.’s 66 Automall. “The emergence and rapid growth of the on-demand employment economy, provided by these ridesharing companies, combined with the innovative HyreCar platform will allow us to scale our 'Rent 2 Own' program tremendously. I look forward to offering our ‘Rent 2 Own’ program along with free credit repair services to all new rideshare drivers in New York, New Jersey, and Pennsylvania.”
Edited by M. Hunt
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