Business Idea

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Category: Business and Industry

Date Submitted: 06/30/2016 07:56 PM

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Car club rental

A car rental service which consumers can rent cars from and car companies can give cars to for profit.

In terms of rental customers the business has three levels, the beginner level, which has cars such as Honda accord, Nissan Altima and Toyota Camry. Then there is the intermediate level. In this cars such as Mercedes c lass and bmw 3 series are up for rent. Lastly elite class, in this, cars such as bmw m series and Mercedes amg series are involved. Consumers have membership cards and every car rental purchase gives them a certain amount of points which can be used by the consumer to rent a car. Depending on how many point the customer possesses, they are put into the categories of elite, intermediate and beginner and they can rent cars only in the respective categories accordingly

In terms of car company customers such as Honda or Mercedes our company has a different dual way profiting strategy. The car company give the car without any payment required and we provide them with profit, which is achieved by renting out the cars to customers and providing them with percentages of the received profits.

Why is it profitable for a car rental consumer?

They acquire the ability to rent good condition, well maintained respected cars in extremely comparatively affordable prices. The cars are divided into three tiers and each tier upgrade from the start requires a certain amount of attained points. So its like a game for car enthusiast as well as normal customers who just require a car to get somewhere. There is a membership fee, which is monthly recurring to be part of the club and rent a car. The customers get benefits such as discounts and even a chance to win an intermediate tier car every 2 years. Specially perfect business for international students in Malaysia who need cars for rent at the least costs to go around in Malaysia rather than spending on taxi services as the prices accumulate quite a bit. The customer...