The investor, Turners Automotive Group, is a New Zealand based integrated automotive financial service group, primarily operating in the automotive sector, and provides strength in the three key areas of automotive retail, finance and insurance, and debt management systems.
The Car Subscription Solution will enable automotive dealers to seamlessly introduce a new revenue stream to their dealership and provide their customers with the opportunity to subscribe to a vehicle while viewing it on the dealer website.
The subscription service gives customers access to a range of new and used vehicles from economy to luxury and hatchback to SUV.
Collaborate, the company behind peer-to-peer car rental platform DriveMyCar, will initially draw upon the fleet of vehicles provided by automotive manufacturers, leasing companies, and automotive dealers to the DriveMyCar marketplace.
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