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P2P Car Rental Platforms

Thailand's 'Drivemate' Connects Car Owners with People Who Need a Vehicle

— November 17, 2017 — Autos
Not everyone who needs a car can afford the costs associated with them, from insurance and maintenance to the cost of the vehicle itself, so Drivemate is a service that gives those people access to vehicles while simultaneously making it more affordable to own one. The Thailand-based service lets car owners put their vehicles up for rental when they know they won't be in use, and consumers can go to the online platform to access the vehicle they need.

The benefits of a system like Drivemate are myriad. Firstly, consumers who either can't afford a car or simply aren't interested in owning one can still get access to a vehicle exactly when they need it. Secondly, car owners can use the income they make from rentals toward payments, monetizing what would otherwise be empty time. Finally, an added benefit is that such a system decreases the incentive for purchasing new vehicles as a whole, reducing the number of cars on the road and ultimately helping the environment.
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