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DriveMyCar launches business service to reduce corporate car rental costs

August 26, 2015 Motoring No Comments Email Email

Australia’s largest and most trusted peer-to-peer car rental service, DriveMyCar, today announced a new product offering for corporate customers DriveMyCar: Business, which offers substantial savings and a wider choice of rental vehicles to businesses around Australia.


With more than 13.5 million cars registered in Australia, DriveMyCar: Business is tapping into these private cars that are under-utilised, sitting idle in garages around Australia and handing the keys over to companies.

DriveMyCar: Business is an ideal solution for executives and staff looking for options other than the traditional white hatchbacks, as DriveMyCar: Business hosts an extensive range of vehicles including economy hatchbacks, sports cars, convertibles, utes, 4WDs and luxury sedans.

Prices are up to 62% lower than traditional car rental firms since DriveMyCar: Business does not own any of the vehicles or have no physical overheads like traditional car rental companies do. All rates advertised on DriveMyCar include collision and damage cover, registration, CTP, servicing & maintenance and 24/7 roadside assistance.

With more companies embracing the sharing economy, DriveMyCar: Business is aiming to become the preferred alternative option to traditional corporate car rental providing flexible rental options from 7 days to 12 months and prices from $21 a day.

Corporate customers will have their own dedicated account manager and will receive detailed statements to help manage their car rental expenditure. Delivery and pickup services are also available for selected vehicles. DriveMyCar: Business also has access to a fleet of vehicles provided nationally by InterLeasing, one of Australia’s largest managers of fleet vehicles.

The launch of DriveMyCar: Business follows rapid growth in the number of vehicles the company has available for rent nationwide. DriveMyCar’s consumer rental transaction value in July 2015 increased by 26 per cent month-on-month.

Companies such as BCS Airport Systems, Propac and Pharmacor are already using DriveMyCar: Business because of the attractive long-term rates and wide variety of vehicles.

“Our company often needs to rent vehicles long term in various states and DriveMyCar have very competitive rates. Their service is efficient and no fuss,” Christine Wdziekonski from BCS Airport Systems said.

Chris Noone, CEO of DriveMyCar, said unlocking the value of under-utilised vehicles and making them available to businesses is the next phase of growth for the sharing economy.

“Small businesses and big corporate companies have realised the benefits of the sharing economy, recognising that making better use of existing assets is smart business.

“It makes a lot of sense to provide businesses with easy access to under-utilised private and corporate fleet vehicles so they can benefit from the substantial savings and better choice. Airbnb have done this well with their ‘Airbnb for business’ model, and we are doing the same with cars.

“The currency of the sharing economy is trust and our PeerPass verification platform ensures that both businesses and car owners are protected and given the best possible opportunity to save money and earn money.”

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