South Africa's RentMyRide Increasing Presence

Photo via Youtube. 
Photo via Youtube.

South African peer-to-peer car rental startup RentMyRide hopes to drastically increase its presence this year, according to Business Report.

Founded in Cape Town in 2016, the service has since expanded to Gauteng, Durban, Bloemfontein, Port Elizabeth, and East London.

The platform allows vehicle owners to rent out their cars when they’re not in use, much like Airbnb. The company claims renters can earn up to R45,000 ($3,691 USD) per month.

Comment On This Story

Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.


Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

What a Connected Fleet Means to Avis (and Car Rental)

Counter bypass is just the beginning. The promise of a “data-driven ecosystem” that connects renters with the rental agency, retail services, and even the city is a better managed fleet, an improved user experience, and new revenue opportunities during the rental itself.

Should Peer-to-Peer Renters Pay Airport Car Rental Fees?

The question is central to the City of San Francisco’s lawsuit against Turo for operating without a permit at San Francisco International Airport.

Hard Times Ahead for the Compact SUV Segment?

The hottest segment today is facing a glut of models and volume in tomorrow’s wholesale market.

Job Finder: Access Top Talent. Fill Key Positions.