Companies extend car-sharing solution to dealers

HyperCar and DriveItAway announced a strategic partnership on Tuesday, in which the U.S. companies will aim to provide car dealers across the country with a simple, “turnkey” solution to help them generate additional revenue through Mobility as a Service and Shared Mobility/Subscriptions.

HyreCar is a car-sharing marketplace for ride-sharing, and DriveItAway is a car dealer-focused shared mobility company. Their partnership will allow affiliated franchise and independent car dealers in the U.S. to list their vehicles on the HyreCar platform in 32 states and Washington, D.C.

“Our program offers the best of everything, today, for a car dealer,” said John F. Possumato, founder and CEO of DriveItAway. “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.”

DriveItAway considers themselves a leader in dealership-focused shared mobility solutions. Some of their programs, such as “Lyft Your Down Payment” and the “Drive For Your Down Payment,” which allows dealers to introduce a rental program for ride-sharing drivers seeking to raise money to purchase a car, aim to create a “path to ownership” that will result in additional vehicle sales and increased fixed operations revenue for the dealership.

“Most importantly, we are also introducing a new customer base for the store for vehicles sales and fixed operations,” said Possumato. “As a ‘path to ownership’ to our driver customers, we are enabling new buyers to the store, not ‘poaching’ current prospects in the market.”

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