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#ONE SWITCH CAR RENTAL SERIES#
It raised $9 million in its Series A round of funding in November 2016 from Edelweiss Private Equity and Mahindra & Mahindra Finance. The product is launching in six cities, ie Delhi-NCR, Mumbai, Pune, Hyderabad, Bengaluru and Chennai. The liability amount of the customer is capped at Rs 10,000. The cars are fully insured but if the customer meets with an accident due to his or her own fault then they could incur some further costs. This can vary from Rs 5,000 per month for a Rs 22,000 car rental and could go upwards from there depending on the model. However, what you do have to pay is a security deposit apart from your rental money. In rentals you don't have to pay that,” said Agarwal.
#ONE SWITCH CAR RENTAL REGISTRATION#
It costs around Rs 1-1.5 lakh for registration of your car itself in India. What many don't tell you is the high price that you have to pay for registration and insurance itself. While you are right that you can buy a car in zero down payment and pay the same in EMI. “Registration costs in India are quite height. When questioned why should people opt for Switch when they could easily pay the same money in EMI for buying a car with zero down payment today, Rohit responded saying that here a customer does not have to worry about maintenance, insurance and registration costs. The third is that if they switch from one city to another they can opt for the same car in another city when they reach there. Another is the option to switch between cars from one month to another. For instance, if a person has taken it for a period of three months, he or she could choose to turn the subscription off for a month he or she may not be using the car. One was that a subscriber could switch their subscription on or off during the period. He explained that Switch had three primary features. “We are the Netflix of car rentals,” said Jain. Rohit says that this is an alternate way of car ownership for millennials, as they may not have enough money for the down payment or may not want to buy a car and just rent it for a while. There was nothing that caters to these consumers,” said Revv co-founder and CEO Anupam Agarwal. These are the people that oscillate between what services are offered by an Ola or Uber and a car owner. Some of them were traveling between cities and wanted to drive around. Many of them were people moving to a new city but who did not want to buy a car at that moment. Upon prior reservation only, these companies will pick up passengers right outside the lobby of the Car Rental Center.“Some people needed a car for a shorter duration, but much more longer than a day or two. The following companies are not located within the MIA Rental Car Center, but are very close to the airport. Sixt Rent A Car Toll free: 1-88 Local: 30.P & P Family Auto Rental Toll free: 1-80 Local: 30.
Advantage Rent A Car Toll free: 1-80 Local: 30.ACE Rent A Car Toll free: 1-80 Local: 78.The following companies listed below are located in the Rental Car Center, 3900 NW 25th Street, Miami, FL 33142.
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