HyreCar is expanding its car dealer focused “path to ownership” program with car dealerships in six cities throughout the United States, potentially adding upwards of 500 vehicles to the platform, the company announced.
Rideshare drivers are now able to rent and drive-to-own vehicles that are listed on the HyreCar platform by participating dealers.
HyreCar’s aim is to meet an overwhelming dealer demand to enter the mobility as a service (MaaS) industry throughout the U.S. The HyreCar-DriveItAway alliance is now executing a unique dealer program that gives participating dealers the opportunity to offer vehicles to new ridesharing drivers for temporary use, as a means to generate funds towards a down payment for vehicle ownership.
In cooperation with a national ridesharing company, HyreCar’s partner DriveItAway is installing customized sign-up kiosks inside participating dealerships, where potential rideshare drivers can apply to drive. Once approved, drivers can participate in the “Drive for your Down Payment” program. With this program, new driver candidates are provided a temporary vehicle by the dealership, through the HyreCar dealership platform, to raise money through rideshare driving, for a down payment to buy the vehicle of their choice, regardless of past credit history.
“The reception to our dealer enabling program has been overwhelming,” Joe Furnari, CEO of HyreCar Inc, said in a statement. “As a result, we are mobilizing very quickly to meet dealer demand all over the United States. These dealer additions will help us meet the increasing demand for ridesharing-approved vehicles, while also adding additional vehicles to our growing platform.”
“We see this program as a win for everyone,” Wayne Hileman, owner of Burlington Auto Group, one of the pilot dealers to launch this program, said in a statement. “We make money supplying temporary vehicles, and in the process, nurture a new customer to buy a vehicle. We are delighted to empower new rideshare drivers to purchase a vehicle through the ‘on-demand’ employment opportunity provided by the ridesharing company. Additionally the rideshare company gets a new, loyal driver, dedicated to building his or her own driving business.”
While Hileman’s stores are located in the Philadelphia area, HyreCar also recently signed on Sims Mitsubishi in the Cleveland area, 1st Place Auto Stores in the Dallas area, Don’s Auto Group in the greater New Orleans market, M & S Auto Sales in Atlanta, and Benchmark Auto Sales in Asheville, N.C.
Each dealer location will have a customized driver sign-up kiosk in their showroom, to actively promote the HyreCar program.