The mobile app world is full of amazing apps that can do lots of cool things. You can use your phone to make lists, shop online, find a job, and plan trips. Some apps are really popular and make a lot of money, while others are less known but still helpful. These days, making apps for renting cars is becoming really popular.

Making a car rental app is spreading quickly. But it’s not easy to make a whole business and software for renting cars. You can’t just throw some ideas together and hope for the best. You need a clear plan and technical experts to help you build it right. But here’s the best part!

Car rental apps are for people who want to rent a car for a while. You can pick the car you want and rent it for a day or longer by paying a small fee. Some apps, like Zoom Cars, even let you subscribe to a car for at least 6 months. This is great if you move around a lot for work and don’t stay in one place for long.

Market Statistics Of Car Rental Applications

The numbers for car rental apps are really impressive. They show how much money you could make if you work with the best company to develop your app. Car rental services seem like a great way to start a business or enter the industry if you’re new.

Here are the stats:

• In 2021, the global car rental market made around $1,898 million.
• From 2021 to 2025, the revenue is expected to grow by about 20.75% each year.
• If the car rental sector keeps growing at this rate, it could reach around $4,036 million by 2025.
• In 2021, about 2.8% of people used car rental services, and it’s expected to reach 5.3% by 2025.
• On average, each user spends about $48.15 per month on car rentals.
• The United States makes a big chunk of this money, with an estimated revenue of over $18,223 million in 2021.

Why You Should Invest In Car Rental App Development?

Many industries have benefited greatly from using mobile apps in their businesses, and car rental companies are no exception. Big names like Hertz and Turo have already made their mark in this area.

You can create a similar car rental app that lets customers book a car quickly and easily with just a few taps on their phones, no matter where they are in the world. By doing this, you can build your own brand and stand out from the competition by offering special services to users.

Also, since more and more people are using these kinds of apps, now is a great time for you to jump into the market and seize the opportunity.

Advanced Feature for Car Rental App Development

• In-App Camera: Instead of searching for documents in your phone’s gallery, the app lets you take a picture of the document directly within the app and submit it instantly.
• Custom Relation Management (CRM): Helps you build strong relationships with your loyal customers by sending them emails, newsletters, discount coupons, and other promotions directly through the app.
• Real-Time Tracking: For car rentals with drivers, the app includes GPS tracking so users and administrators can see the live location of the rented vehicle on a map for safety and convenience.
• Online Payments: Users can easily make prepaid bookings using their credit/debit card or online wallets instead of paying in cash. Most car rental apps offer online payment options and provide booking receipts.
• Fare Calculator: The app calculates the rental price based on the chosen vehicle and rental duration, allowing users to estimate their charges based on distance.
• Uploading Documents: Users can request drivers when renting a car for long journeys or family vacations. This feature allows users to book both the car and driver through the app.
• Managing Bookings: Users can easily confirm the time they want to use the rented vehicle, helping them keep track of their future appointments and maintaining transparency.
• Data Security: With the increasing concern over data breaches, the app prioritizes security by implementing advanced security technologies to protect users’ sensitive information shared during the rental process.

Different Types of Car Rental Mobile Apps

• Self-Driven Car Rentals: Users drive the cars themselves. They book a car, which is delivered to them, and they can return it at their destination. This option is affordable for people who can drive but don’t own a car.
• Corporate Car Rentals: Companies offer rental services to their clients for business purposes, helping them navigate the city and attend meetings. This service is popular among businesses.
• Outstation Car Rentals: Instead of expensive taxis, people prefer renting cars for outstation trips. Users can rent a car and drive it wherever they want, making it more convenient and cost-effective.
• Local Car Rentals: This service is for both locals and tourists. Users can rent a car to explore the city and pay for their usage. It’s a straightforward option for getting around.

By choosing the type of service you want to offer, you make it easier for developers to create the features you need. It also helps you manage your operations and income better, as well as plan your business strategy effectively.

What Is The Cost Of Car Rental App Development?

Developing a basic car rental app (MVP version) typically costs between $20,000 and $25,000. If you want to add more complex features, it might cost more. Our skilled developers can create a feature-rich app at an affordable price.

Conclusion

In conclusion, as the car rental market grows, there’s a rising demand for solutions to its challenges. Developing a good app for your car rental business can help you connect better with customers and gain significant benefits.

With many car rental companies in the market, competition is fierce. Having a well-developed app is essential to stand out.

Gsquare has a strong track record in mobile app development. Contact us for more details.