Through its alliance with DriveItAway and its dealer focused shared mobility mission, HyreCar is forming a partnership with PassTime, a leading provider of GPS solutions to offer advanced vehicle asset tracking and management to car dealers and fleet owners who are leveraging mobility as a service (MaaS) through the HyreCar platform.

HyreCar is the first platform to enable automotive retailers with a turnkey, cost effective tool allowing dealers to easily enter and learn the MaaS business. This gives dealers the opportunity to profit from the growing need for vehicles of rideshare drivers, while simultaneously giving rideshare drivers a “path to ownership” for a vehicle purchase. DriveItAway’s Drive for Your Down Payment program provides ridesharing drivers the ability to earn a down payment for their vehicle through driving for ridesharing services like Uber and Lyft, through dealer rentals.

“As we see an increasing demand in the Path to Ownership program through our partnership with DriveItAway, it became clear that our dealer partners needed access to a more comprehensive MaaS solution with asset tracking and management,” Joe Furnari, CEO of HyreCar, said in a statement. “As one of the leaders in telematics for over 25 years, PassTime was a natural fit to give our dealers the leveraged advantage that they need to maximize opportunities in this space.”

PassTime has set up a special-order portal for DriveItAway/HyreCar dealers to procure vehicle telematics units, and will be integrating all of the PassTime telematics services within its dealer focused vehicle administration platform for easy vehicle specific applications.