HyreCar, DriveItAway Collaborate on Mobility as a Service Venture
DriveItAway conceived and created the “Lyft Your Down Payment” program and the “Drive For Your Down Payment” program, where car dealers can implement a rental program for ridesharing drivers who want to raise money to buy a vehicle.

The HyreCar-DriveItAway partnership allows DriveItAway affiliated franchise and independent car dealers to immediately list their vehicles on the HyreCar platform, extending a new opportunity to dealers in 34 states plus Washington, D.C.
Photo via HyreCar.
HyreCar Inc. and DriveItAway announced a strategic partnership allowing automotive retailers across the United States to access a collaborative turnkey solution to generate additional revenue through Mobility as a Service (MaaS) and shared mobility and subscriptions.
The MaaS market is expected to grow in the U.S. to a $358.35 billion market by 2025, from a $38.6 billion in 2017. The HyreCar-DriveItAway partnership allows DriveItAway affiliated franchise and independent car dealers to immediately list their vehicles on the HyreCar platform, extending a new opportunity to dealers in 34 states plus Washington, D.C.
“Our program offers the best of everything, today, for a car dealer,” John F. Possumato, founder and CEO of DriveItAway, said in a statement. “By providing a new, easily managed shared mobility department, our dealers are preparing for the 'Mobility as a Service' future which will allow a quick and efficient way to create new scalable revenue streams. Most importantly, we are also introducing a new customer base for the store for vehicles sales and fixed operations. As a ‘path to ownership’ to our driver customers, we are enabling new buyers to the store, not ‘poaching’ current prospects in the market.”
DriveItAway has positioned itself as a leader in dealership-focused shared mobility solutions. Possumato, through DriveItAway, conceived and created the “Lyft Your Down Payment” program and the “Drive For Your Down Payment” program, where car dealers can implement a rental program for ridesharing drivers who want to raise money to buy a vehicle.
These programs create a “path to ownership” which, in turn, leads to more vehicle sales and more fixed operations revenue for the store.
“This partnership underscores our mission to building roads to financial freedom,” Joe Furnari, CEO of HyreCar, said in a statement. “We are focused on creating strategic alliances that expand our supply of vehicles, which will provide us with the infrastructure to scale. We are excited to become the franchise solution for vehicle suppliers who want to tap into the growing mobility industry.”
Related: HyreCar Partners with Kid-Focused Ridesharing Group HopSkipDrive
More Rental Software
Stop Losing Money On Rental Tolls
Regardless of your rental fleet size and structure, fleet managers, executives, and owners can gain valuable insights into an often-overlooked area of fleet operations.
Read More →Grow Your Rental Business Beyond Cars
Rental fleet operations are facing numerous evolving challenges and opportunities from AI technology to rate and revenue management, to customer service and business growth.
Read More →
Using AI to Create Clarity, Not Conflict, in Rental Car Damage
Rental companies still need people, policy, judgment, and thoughtful implementation, with operators remaining in control of the customer experience.
Read More →
Get Ready To Roll: No Stopping Self-Driving Rental Cars
The autonomous mobility technology revolution will move at its own pace, but sooner rather than later.
Read More →
Southwest Airlines Selects CarTrawler For Its Car Rental Booking Platform
The platform is designed to allow customers to compare and book rental vehicles more easily during the travel booking process.
Read More →
RentalMatics, GeoInt Partner On Rental Car Speed Tracking Tech
Rental operators can now detect and act on speeding while vehicles are still on rent, thereby reducing fines, admin workload, vehicle wear, and safety risks.
Read More →
NextPass Expands Toll Payment Service to Highway In Toronto
Fleets and consumer can use a transponder-less option when traveling between Canada and the U.S.
Read More →
Zubie, PurCo Integrate Rental Damage Detection With Telematics
The combination brings actionable vehicle insights into PurCo’s PurInspect platform, improving damage detection and operational efficiency for rental fleets.
Read More →
Why Car Rental Can No Longer Run On Workarounds
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
Why Car Rental Can No Longer Run On Workarounds
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
