Do you want to develop a car rental app for business? But first, you need to know the cost of developing one. Keep reading this blog. Traditional car rental methods are left in the dust in this fast-paced era, where convenience and flexibility reign supreme. The road to success lies in embracing cutting-edge technology and building a mobile app that transforms how people rent cars.
In our blog post, we unveil the secrets behind a stellar car rental app development cost that attracts customers and keeps them coming back for more. Discover how to harness the power of seamless user experiences, real-time availability, secure payments, and personalized features that make renting a car an adventure.
So, fasten your seatbelts and join us on this exhilarating journey to revolutionize the car rental industry with a car rental software development that puts the pedal to the metal!
What is a Car Rental Mobile App?
Car rental applications enable users to rent a car to fulfill their needs. As a user, you can book the car you want for 24 hours or more by paying a reasonable amount. Moreover, some apps, like Zoom Cars, offer cars on a subscription basis. That means you can acquire car ownership for at least 6 months.
This comes in handy when you travel a lot for work and don’t stay at a place for more than six months. If you want to know more about the cost to create a car rental app, then contact an Android app development company to provide reliable outcomes or results.
How Car Rental Apps Work?
A rental car application can provide two types of services to its users, such as self-driven car service and cab service. Here is the process of how this car rental reservation software works in this market.
- Firstly, after downloading the application from the respective application market, you have to signup with the ride sharing software by verifying your mail or phone number.
- After the verification process, you have to choose the types of car you want to use for transport and find the estimated cost.
- Then, if you are satisfied with the fare, you can search for cabs in the case of cab services.
- Now, when searching for a cab on the car rental application, send a trip request to every available cab driver in the locality.
Market Analysis of Car Rental Apps
- The total revenue earned by the world’s car rental services in 2020 is $55
- The revenue growth predicted from 2021 to 2024 will be 18% of the present market revenue, which may make the total revenue around $105,300 million in 2024.
- It was observed that a single user contributes more than 200 US dollars to the worldwide car rental market.
- The maximum amount of the total revenue generated by the US is around 16,200 million US dollars.
Top Car Rental Apps
For developing a successful car rental app, businesses must learn about similar apps and observe the functionalities or services they offer. By analyzing these existing apps, businesses can gain a competitive advantage in this relevant industry. So, here is the list of the best car rental apps:
- Turo
- Hertz
- Ekar
- Zipcar
- Cabify
- Indrive
- Bolt
1. Turo
It is one of the most popular car rental apps, and private owners can rent out their vehicles through this online platform. A car rental app like Turo is an American-based peer-to-peer car rental service that offers a wide range of features such as easy bookings, uploading documents, tracking, payment gateway options, and availability.
2. Hertz
This platform is one of the most well-known car rental companies worldwide and has the largest network. A car rental app like Hertz allows users to easily book their vehicle from anywhere and schedule their booking according to their convenience. It offers various types of vehicles, such as vans, trucks, buses, cars, and two-wheelers.
3. Ekar
It is one of the first or largest car rental apps in the Middle East. It offers users the ability to book instantly and drive with flexible options. A car rental app like Ekar offers various advanced features that can provide convenience or flexibility for the user, such as secure online payment options, biometric login, booking management, and driver assignment.
4. Zipcar
It is the most secure and flexible car rental app. Rental services are provided to subscribed members only, and users pay monthly or yearly subscription fees to receive them efficiently. An app like Zipcar offers various services such as car reservations, searching nearby vehicles, hourly or daily rentals, and vehicle options.
5. Cabify
This platform is the most used car rental service app. It was founded by Juan de Antonio in 2011 and operates in Latin America and Spain. An app like Cabify allows users to book vehicles instantly according to their requirements and ensures the safest or quickest car rental services. Cabify provides various vehicle options such as cars, vans, trucks, buses, etc.
6. Indrive
It is one of the largest car rental services globally, founded by Arsen Tomsky in 2013. According to the user’s budget, this platform has operated in 700 cities in over 45 countries and is the most reliable car rental service. An app like Indrive offers various advanced features such as easy, affordable bookings, transparent fare prices, and user support.
7. Bolt
This platform is one of the first car rental service providers in Europe and offers a wide variety of vehicles, such as trucks, buses, cars, and two-wheelers. An app like Bolt allows users to book flexible rental times, multiple pricing offers, a huge range of vehicles, and no hidden fees. Bolt has a simple user interface that allows the app to be easily operated.
Why Most Businesses Invest in Car Rental App Development
In today’s generation, vehicles are necessary, and people want flexibility and convenience when traveling anywhere. Investing in car rental mobile app development is one of the most profitable opportunities for businesses to gain a reputed position in this competitive market. So, here is the list of benefits:
- Competitive Advantage
- Revenue Streams
- Increased Sales
- User Data Insights
- Enhanced User Experience
1. Competitive Advantage
In on-demand car sharing app development, unique or extraordinary functionalities are used to gain a competitive advantage over similar apps. These include GPS tracking, availability, speed control, flexible rental times, a wide range of vehicle options, and secure payment options. So, these extensive features or functions can help a car rental app make a name for itself in the car rental service market.
2. Revenue Streams
This second benefit allows car rental apps to generate an acceptable profit and allows businesses to increase their overall valuation. Revenue streams can be generated in various formats, such as subscription plans, advertising, in-app purchases, a freemium model, collaborations, transaction fees, and delivery fees.
3. Increased Sales
Let’s come to the third benefit: Using additional services or features, a car rental app can increase overall sales and motivate users to operate the app continuously. According to the taxi app development company, multiple services can increase sales, provide profit for businesses, and expand to the next level.
4. User Data Insights
One of the most significant benefits of car ride-sharing app development for businesses is that app observes or analyzes the customer’s favorite services, preferences, demographics, habits, and behaviors. So, businesses can discover new areas for improvement and improve the quality of services or products.
5. Enhanced User Experience
Let’s come to the last benefit: a well-organized car rental app with extensive functionalities or features can enhance the user experience. Automated operations or tasks can make it easy for users to use highly performed services. So, RV rental app development provides extraordinary services that can increase the user base and allow businesses to make a bright face in the competitive market.
7 Essential Steps For Car Rental App Development
Observe in depth the successful app development steps to create a car rental application with advanced specifications or services. To handle highly automated operations, you need to use a strong backend or front-end programming language. So, here we provide the robust mobile app development process:
- Identify and Market research
- Identify Basic Features
- Select Tech Stacks
- Design an UI/UX
- Development of App
- QA and Testing
- Publishing and Marketing
1. Identify and Market Research
The first stage of development is one of the most crucial stages. It involves conducting market research about existing or similar car rental apps to understand their functionalities and workings. Observe the market, what is trending now, and how beneficial investing in a car rental app is. Identify your project requirements and needs and your ideal or primary app users.
2. Identify Basic Features
In this second stage of development, hire dedicated developers to identify your core or essential features and list the features that must be installed in your car rental app to increase success rates. Observe the existing car rental apps to understand the features and services needed to implement these features in your app. Also, make a plan for how to compete with strong competitors.
3. Select Tech Stacks
Let’s come to the third stage of development, for a successful car rental app development choose the best tech stack, that can help to build a highly performed app with advanced functionalities. It involves many advanced tech stacks such as deployment platforms, cloud storage, databases, APIs, programming languages, security, and testing.
4. Design an UI/UX
In this fourth stage of development, hire mobile app developers to design a user-friendly interface that allows users to easily interact with all features or functions at their fingertips. Also, observe other car rental app designs and make them unique to attract more users or customers. It includes many paid premium themes, layouts, inbuilt plugins, and more.
5. Development of App
Let’s move to the development stage, implement all functions and features efficiently, and assemble highly skilled professional developers to integrate all the services successfully. Also, the integrated modes must be observed, and which modes must be installed to increase global reach. It includes many advanced solutions such as modules, models, classes, and inbuilt functions.
6. QA and Testing
In this sixth stage of development, the quality of the car rental app will be observed, which will stay the same during the implementation phase. Collect the quality data and compare it to the actual outcome after the app launches. Assemble a professional mobile app development company to test your car rental app under various circumstances and scan for errors and bugs.
7. Publishing and Marketing
Let’s move on to the last development stage. Now, it’s time to launch your car rental app on selected platforms such as Android and iOS. This is a crucial stage of every app development, as it involves successfully implementing the features or functions. Marketing is essential for car rental app development because it can increase the brand’s visibility and credibility. It includes many formats, such as email marketing, sharing it on social media platforms, and content marketing.
Features of a Car Rental Mobile App
Like every other application present in the market, the car rental applications have many features to offer. These features can be divided 2 major parts such as:
1. Features for Customer
The features of the application were implemented so that the customers could have a better user experience while using the applications.
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Easy Login
Usually, the applications use the Phone number or email address and password combo, to sign up with the applications. But nowadays you will be able to log into these applications with your social media accounts.
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Choose Desire Car
The freedom of’s choosing the type of car is itself a big selling point. Usually, car rental solutions software provides users 3 different options for traveling.
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Scheduling of Ride
Taxi booking app like Gett allows users to schedule rides whenever they want. However, this depends on car availability. If a car is available for the trip, the app will automatically connect with the host.
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Booking Management
Booking or re-scheduling your trips is very easy from car rental applications. You can change it or cancel it at any time and it is totally in your control.
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Tracking and Navigation
Integration of the Google Maps or other navigating services is particularly important for these kinds of applications as it helps the users to locate the car easily.
2. Features for Driver/Host
The features are implemented to make the user experience of the driver or host better.
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Seamless Login:
Just like the customers, the hosts or the driver also have the option to log in to the app with their phone number or email and a password.
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Easy Check and Receive Request:
After ending one trip the drivers are able to receive the next available customer from that same locality.
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Details of the Trip:
When the host/ driver accepts your transportation request, the application will give the driver all of your information, including your name, location, and destination address.
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Dashboard for Drivers:
This is one of the application’s important features, helpful for drivers. A better application dashboard contains all the major information and displays it on one screen.
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Navigation During the Rides:
Like the user features, driver apps should also have a better integration of the navigation services. So that the hosts are able to provide better time-saving services to their customers.
What is the Car Rental App Development Cost?
The car rental mobile app development cost usually depends upon various factors, such as the types of features implemented, the integration of various graphic contents, and developers’ services. The cost to develop a car rental app is lies between $8,000 to $25,000. The development cost will be higher if you use high-end features in your application.
Car Rental App Development | Estimated Cost | Time Frame |
Simple App Development | $8000 – $12000 | 2 to 4 Months |
Mid-Complex App Development | $12000 – $20000 | 4 to 7 Months |
High-Complex App Development | $25000+ | 9+ Months |
- Design of the app – 55 to 85 hours
- Admin panel development– 125 to 185
- Development of the user panel– 250 to 400
- APIs Development – 95 to 125 hours
How to Reduce the Overall Development Cost of Car Rental App?
To reduce the car rental app development cost it usually depends on the various factors that should be implemented when preparing a cost estimation of car rental apps. Designing a simple interface can allow businesses to avoid more car rental app development costs. So, here we provide the significant methods for reducing the car rental mobile app development cost:
1. Outsource Development
In this first method, search for professional freelancer developers for cost-effective car rental app development. Access the large pool of dedicated developers worldwide and choose the developer according to your project specifications and requirements. Outsourcing can reduce the overall car rental mobile app development cost and successfully develop it.
2. Use Inbuilt Features and Functions
This second method uses inbuilt features and libraries, which can help save time and cost and allow users to easily interact with all the app’s services with just one tap. These built-in functions can also reduce the cost of car sharing app development and provide a straightforward focus on consistency.
3. Build an MVP
Let’s come to the third method, build an Minimum Viable Product(MVP) is one of the best method to reduce the overall car rental app development cost. MVP includes various advanced techniques to reduce the cost to build a basic car rental app such as tech stack selection, feedback collection, core features, and market research.
4. Define Clear Requirements
In this fourth method, to reduce the cost of a car rental app, explain clear project requirements with features or functions that must be installed in your project. Transparently defining services can reduce the cost of car rental app development and avoid data redundancy and risk creep. It can also help with prioritization and risk mitigation.
5. Open-Source Frameworks
Let’s come to the last method: using free, open-source frameworks or tools for successful app development can greatly reduce the car rental app development cost. Open-source frameworks include Flutter, Ionic, Swift, React Native, Native Script, Phone Gap, and more. So, use these tools or frameworks to reduce the overall car rental app development cost.
Required Tech Stack for Car Rental App Development
Here is the tech stack required for car rental app development cost and launch it in the iOS or Android app stores,
- Cloud Computing- Google, AWS, or Microsoft Azure
- SMS, or Chat verification- Nexmo or Twilio
- Database- HBase, Cassandra, MongoDB or Postgres
- Mobile Operating System- Android and iOS
- Payment gateway- PayPal, Braintree, or Stripe
- Push notification- Push.io
- Real-time Analytics- IBM, Big Data, Cisco, Hadoop, Spark, or Apple Flink.
How to Make Money With Car Rental App Development?
It’s good you want to create an app like a car rental with boundless specifications and services. However, do you know how you can make money from it? Here, we provide the best monetization techniques to generate new revenue streams for entrepreneurs to grow their businesses and take them to the next level. So, here is the list of the monetization techniques:
- Advertising
- Subscription Plans
- Collaboration and Partnerships
- In-app Purchase
- Freemium Model
1. Advertising
In this monetization technique, car rental app like enterprise allows third party vendors or merchants to show their items or services in your car rental app. You can earn advertising fees to show their services via your app as ads.
Advertising can be vary on different formats such as display ads, native ads, banners ads, pop-up window ads, video ads, custom ads, and social media. So, this advertising earning can generate the new revenue stream for businesses.
2. Subscription Plans
In this second monetization technique, car rental app provides the three subscriptions plans for accessing the additional functions, subscription plans are basic, primary, and enterprise.
If users wants to access all the functions and services of the app, they must need to purchase the premium or enterprise plan as monthly or yearly. So, these subscription plan can increase the company’s overall valuation and open new ways of revenue streams.
3. Collaboration and Partnerships
Let’s come to the third monetization technique, connect with related businesses or merchants to sell their products or services via your car sharing app like uber. You can get commission based earning in every sale of their products through your app. So, these earning can generate the new revenue streams for entrepreneurs to grow their businesses and take it to next level.
4. In-app Purchase
This fourth monetization technique allows users to purchase additional features or individual services only once. If users want to purchase additional features, they can purchase features within the app. So, these in-app purchases can increase the overall valuation and enhance the user experience.
5. Freemium Model
In this last monetization technique, a truck rental app like Bungii offers a basic version with simple features for unlimited accessibility, but users cannot access the premium features. If users want to access individual features of the app, they have to buy additional features or a subscription plan. So, these freemium models can make an acceptable profit from the app.
How Dev Technosys Will Help You?
When considering the car rental app development cost, hiring a professional app development company is advisable. They possess the necessary expertise and resources to create a high-quality app tailored to your specific requirements, ensuring a successful and efficient car rental business. Investing in car rental app development is a lucrative opportunity for entrepreneurs to grow their businesses and take them to the next level. If you want to know more about the cost to make a car rental app, reach out to Dev Technosys, an Android or iPhone app development company, to deliver efficient or reliable mobile apps.
Frequently Asked Questions
Q1. How Long Does It Take For Car Rental Software Development?
The development of car rental software usually takes 2 to 8 months, depending on the number of features and requirements.
Q2. How Much Cost to Hire Car Rental App Developer?
Hire a rental app developer for RV rental app development. It usually costs around $15 to $25 per hour, depending on the developer’s experience level.
Q3. Which Technologies Are Used in On-demand Car Rental App Development?
Incredible technologies are used in on-demand car rental app development; here is the list of the technologies:
- Python
- Java
- PHP
- Flutter
- Kotlin
Q4. How Much Does it Cost to Develop a Car Rental App?
The cost to build a Car Pool app ranges between $8,000 and $25,000, depending on the app’s complexity, features, functions, size, infrastructure, and deployment platforms.
Q5. How to Reduce the Car Rental App Development Cost?
To reduce the car rental app development cost, here we provide some essential points:
- Define clear requirements
- Outsourcing development
- Use open-source tools
- Develop an MVP