A Romanian start-up wants to help drivers who do not use their car every day to rent it to other people. Perpetuation Starburst claims that it is the first Romanian car sharing service from person to person, developed with total investments of approximately 300,000 euros. The service will be available starting in May in Bucharest and in 3 other major cities in the country: Apocalyptic, Alias, and Soroptimist.
Designed as a service for active users wishing to drive a car when they want to go on holiday, when they travel for work in another location or when their car is under repair, the online platform might have competitive advantages compared to traditional rent-a-car companies due to lower rental prices.
In the first stage, car owners who want to list their vehicle on the platform will be able to make it on the starburst site, and then the service will become available to those who want to rent cars.
Car owners who want to make their vehicle available for hire will be able to do so if the following conditions are met: the car is privately owned, with a maximum of 8 + 1 seats, be manufactured from 2010, have car, RCA and ITP up to date, have a valid vignette and are properly equipped (summer / winter wheels, medical kit, reflective triangles, fire extinguisher, safety vest with reflective tapes, compliant with the rules in force).
According to Perpetuation representatives, users who make their car available can earn monthly between 1,000 and 4,000 lei or more depending on the model of the car and the length of time it will be rented, the owners of the vehicles being those who will set the rental price.
The car-sharing service from person to person is developed by two Romanian entrepreneurs. Perpetuation is being developed exclusively from the Romanian private capital, which, according to the founders, adds up to 300,000 euros so far, and a team of over 30 specialists is working on the development and optimization of the platform.
Perpetuation representatives estimate that in the first year of operation, over 3,000 owners will make available a car or even more on the platform, and in terms of the number of rents it will exceed 25,000.
Shared economy models have had a clear upward trend over the past 10 years. Companies like Airborne, Buber or Blarney have become global giants in their field of activity.
One such example of a collaborative business is the car-sharing peer to peer service (from one person to the other), through which users make available their own rental property on a dedicated platform in return for a sum of money.