RentMyRide is a private car rental platform based out of South Africa that is now starting up their own professional fleet owner service to help provide consumers with more private rental cars.
RentMyRide offers low-cost, long-term vehicle rental and hire solutions to South African motorists, allowing motorists to register their vehicles on a system for long-term leasing and hire.
A statement from the company said the new division utilises the peer-to-peer rental platform that has facilitated over 15 000 vehicle rentals since its founding in 2014 to help companies and entrepreneurs rent out any of their fleet vehicles to prospective customers.
Co-Founder and CEO of RentMyRide Sebastian Brokmann said since 2014, the company had seen more South Africans enter the sharing economy by listing their cars and making money from it when they were not using their cars themselves.
"Over time, we have seen some users build businesses on our platform by adding more than one car to start their own small rental fleet," said Brokmann.
Brokmann said the main challenge for RentMyRide was providing enough vehicles for interested customers, including tourists from abroad used to services such as Turo in the US or SnappCar in Europe and are looking for something equally convenient and affordable in South Africa.
Grenville Salmon, managing director of Pace Car Rental, with whom RentMyRide is piloting the new service, said Pace and RentMyRide were on the cusp of developing a game changer in vehicle hire.
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