Are you interested in driving your business to new heights? If so, car rental app development can be your next big investment.

Nowadays the transportation and travel industry is witnessing transformation and growth. As demand for on-demand services is growing, car rental apps have gained huge popularity worldwide, and Getaround is a key example of these apps.

People prefer the convenience of booking vehicles right from their phones, and what can be more convenient than car rental apps? Hence, this presents a lucrative business opportunity.

A study estimates that by 2029, the worldwide car rental market will have grown from its 2023 valuation of $129.1 billion to $220.10 billion. According to this data, there is room for business growth.

So, are you ready to develop an app like Getaround and take your business in the right direction? If yes, read this blog till the end to get more details for a successful p2p car sharing app development.

Quick Summary: Learn to make an app like Getaround, what significant features make it successful, what its development cost is, and how it could benefit your business more.

 

Getaround – A Car-rental and Sharing App

Getaround is an online platform that provides rental and car-sharing services. It’s one of the best car rental apps that allows users to rent a car directly from people in their area. Whether users need a car for several days or a few hours, Getaround provides users with access to nearby vehicles through its easy-to-use platform.

Imagine you need a car for some days, but you don’t like to go through traditional rental services; that’s where Getarorudn comes in. This app allows users to search for a nearby car, book it, and be on their way!

 

Market Analysis of Car Sharing App

Car-rental – Worldwide

• The global car-sharing sector is predicted to generate a startling US$13.44 billion in income by 2024.
• This income is expected to grow at a compound annual growth rate (CAGR) of 3.26% by 2029, with a projected market volume of US$15.78 billion.
• This market is predicted to have 68.19 million users by 2029, a large increase in user numbers. User penetration is projected to be 0.7% in 2024 and 0.8% by 2029.
• Additionally, it is anticipated that the average revenue per user (ARPU) will be US$235.50.
• Interestingly, internet sales will account for 95% of the entire revenue in the car-sharing business by 2029.
• At last, the US is about to generate a huge revenue in this market, with an estimated revenue of US$2,986m in 2024.

 

 

Top 5 Car Rental Apps

Car-sharing apps are gaining significant growth and there is no sign of slowing it. Hence, you have made the right decision by investing in this. However, before this, understand the relevant market and their offering with the following Top car rental apps:

• Hertz
• Zipcar
• Uber
• Gett
• Zoomcar

 

1. Hertz

It’s one of the convenient options if users want flexibility. This app offers different vehicles and locations so that users can easily find a car that suits their needs. A car rental app like Hertz allows for easy booking, unlocking, and returning vehicles.

 

2. Zipcar

Zipcar has gained huge popularity because of its commitment to sustainability. It also different various rental options, including daily and hourly rentals. The app like Zipcar offer a range of car rental availability, easy booking, and a network of convenient parking spots.

 

3. Uber

Uber is primarily a taxi booking app but also offers car-sharing options in many cities. The car sharing app like Uber seamlessly integrates car sharing with the ride-hailing service, providing users with an efficient and content transportation solution.

 

4. Gett

It’s a popular car rental app in Israel and Europe that offers car-sharing services. A Taxi booking app like Gett facilitates easy booking, unlocking, and returning of vehicles while focusing on providing a premium experience to users.

 

5. Zoomcar

It’s a self-drive rental app offering a range of rental vehicles. With this app, users can easily book a car of their choice for long or short trips and enjoy flexibility. With Zoomcar, users can enjoy flexibility, convenience, and affordable rates across different cities.

 

How Do Car Rental Apps Work?

Car-sharing apps offer a way for users to rent cars on demand that promotes flexibility and cost efficiency. If someone wants to invest in car ride sharing app development, it’s critical to understand their model to explore the potential in the industry. So, let’s understand the working process of car-sharing apps:

 

• Download and Sign Up
• Search Nearby Vehicles
• Reserve Desired Vehicle
• Unlock and Drive
• Return the Vehicle

 

 

1. Download and Sign Up

First, users (Passengers) download a car-sharing app from the app store and then create an account by entering basic details (name, address, email ID, etc.). Some apps may ask for the user’s preferred payment methods.

 

2. Search Nearby Vehicles

After signing up, users see a map of all the available vehicles nearby; among several, users can filter the options by price, car type, or features they want, including electric or luxury cars, as per their budget.

 

3. Reserve Desired Vehicle

Once users find their favorite care, they can book it directly using the Getaround Android app. Afterward, the car-sharing app holds the car for a certain period, allowing users to reach its locations.

 

4. Unlock and Drive

When the car arrives at the mentioned location, users unlock it using the apps similar to Getaround. They do not need any keys, and they can start driving.

 

5. Return the Vehicle

After the trip, users return the car to a specific parking spot and make the payment, which will be processed automatically.

 

 

5. Benefits of Developing the Car Rental Apps

You must know that developing car-sharing platforms offer lucrative opportunities to change the transportation landscape. These apps promote sustainable mobility and cater to evolving consumer preferences. Here are some of the compelling reasons depict how it could be beneficial to invest in on demand car sharing app development:

 

• Enter into a Growing Market
• High Revenue Potential
• Boost Customer Engagement
• Branding Positioning
• Seamless Scalability

 

 

1. Enter into a Growing Market

Developing similar apps to Getaround allows the business to enter into a rapidly expanding market fueled by changing customer preferences for cost-effectiveness and flexibility. This growth is caused by travel, urbanization, and a shift towards shared mobility solutions.

 

2. High Revenue Potential

Other apps like Getaround offer numerous profitable business opportunities with various pricing models, such as hourly rates, subscription plans, ride-sharing fees, and more. With a growing user base, revenue scales also accompany them, turning them into profitable ventures.

 

3. Boost Customer Engagement

By offering flexibility, user convenience, and real-time car access, you can improve user experience and create loyalty. Moreover, promotions, push notifications, and loyalty programs can further engage users and ensure they return.

 

4. Branding Positioning

With well-crafted and top car sharing apps like Getaround, you can put your business ahead in the world of innovation. By offering an eco-friendly and smart solution, you can position your brand as forward-thinking and modern that appeals to both environmentally and individuals-conscious corporations.

 

5.  Seamless Scalability

The peer to peer car sharing app apps can expand with the growing demand. As per the taxi app development company, whether it’s about scaling across different cities or adding new vehicle types, your platform can evolve alongside your business without any major disruption.

 

5. Key Steps to Develop an App Like Getaround

You might be wondering how to launch a car rental app like Getaround successfully.? The journey of a budget car rental app development is very exciting; however, implementation requires strict planning and thinking outside the box. Here, we are exploring the most straightforward mobile app development process, you must consider for a successful app, ensuing attainment of all the business goals:

 

• Extensive Market Research
• Make UI/UX Design
• Application Development
• Testing and Quality Assurance
• Deployment and Maintenance

 

 

1. Extensive Market Research

Before you dive into the private car rental app development, it’s significant to conduct extensive market research. The study will help you understand your potential target audience and relevant landscape. So, start by examining your competitors and their services to understand their strong and weak points. Identify what features do users love. What makes them attractive? And where they are struggling.

By collecting all this valuable information, you can ensure a unique value proposition that sets your car rental app apart. Additionally, knowledge of market dynamics will enable you to make informed decisions, driving your apps’ success.

 

2. Make UI/UX Design

Now it’s time to focus on user interface (UI) and user experience (UX) design. To develop an app like Getaround, ensure a visually appealing and seamless design that enhances user engagement and retention. Additionally, you must hire a mobile app development company to create wireframes and prototypes, highlighting your apps’ layout and navigation.

Moreover, think from the rider’s perspective, how they will search a car, make a booking, or contact the owner. This will help you design your app accordingly.  You are advised to prioritize clarity and simplicity so that users can easily navigate your app.

 

3. Application Development

Let’s move to the Getaround car rental app development phase, where you can bring your idea to life. However, first, choose the most suitable tech stack, aligning with your car rental app’s goals. Furthermore, you must hire dedicated developers from the Getaround app development company who can write efficient and clean code to ensure optimal performance.

At this phase, you must install significant features, including a user profile, payment gateways, GPS functionalities, and many more for a seamless user experience. By regularly reviewing your app development process, you can stay aligned with the project tie and make required changes.

 

4. Testing and Quality Assurance

This is the most critical step, and you need to identify bush and usability issues in your app that may disrupt user experience. For this, an Android or iPhone app development company conducts various tests across different platforms and devices to ensure reliability and consistency.

To develop a car rental app like Getaround, focuses on both functional and user acceptance testing to verify that all features work well and evaluate the app’s usability. A well-tested car rental app reduces the risk of post-launch issues while ensuring user satisfaction.

 

5. Deployment and Maintenance

Finally, the time has come you are waiting for! Introduce your car rental app on app stores and promote with using different marketing channels. You can use social media, influencer marketing, and email marketing to reach more people. However, the work does not end here, as ongoing maintenance is key to keeping your app fresh and relevant.

You need to monitor your app performance and user feedback so that issues can be identified and necessary improvements can be adjusted accordingly. You must stay in contact with users to foster a loyal community that ensures they share their experience and recommend your app services.

 

Collaborating with Dev Technosys to develop an app like Getaround was a game-changer for our project. They have 15+ years of experience in app or web development with an expert team. I highly recommend to hire mobile app developers from Dev Technosys as it delivers high-quality or scalable apps or websites within a period and budget, giving an incredible outcome.

  _Porter Torres

 

Must-have Features of a Car-rental App

Car sharing app development can drive a business new heights! With the growing demand for convenient transportation, we are explaining the significant and unique features that can help you set your platform apart from the market. So have a look on these features:

 

 

Passengers Panel

Features	Descriptions
User Profile	Develop an app like Getaround that allows users to create accounts easily and personalize preferences.
Search and Booking	With a robust search function, users can filter by car type, location time, and date to find the perfect rent.
Real-Time Tracking	Your door to door car services app must allow users to  track their rental vehicle in real-time using a map-based interface that allows them to plan efficiently.
Payment Integration	The Getaround car mobile app integrates a secure payment gateway (debit/digital card, digital wallets) to ensure passengers a convenient and smooth payment experience.
Push Notifications	Real-time updates on car booking, cancellations, and other information through notifications can enhance user engagement and convenience.

 

Car Owner

Features	Descriptions
Car Listing	Develop an app like Getaround that lets owners showcase their vehicles with detailed information, including photos, pricing, and specifications.
Communication with Customers	Car rental app like Turo or Getaround allows car owners to communicate with passengers and ensure transparent and efficient interactions.
Payment Management	With a clear and easy-to-navigate payment management system, car users can track their earnings, payments, and withdrawals.
Analytics and Insights	Performance metrics and customer feedback analysis enable owners to understand their business performance and identify areas for further improvement.
Insurance Integration	Seamless integration of car-rental apps with insurance providers simplifies the insurance process for car owners.

 

 

Cost Analysis to Develop an App Like Getaround

Developing a car rental app? It’s time to reveal the cost of developing a car rental app. Well, first, you must know that no buddy can not give you an exact figure or a specific amount of the cost. This is because there are a range of factors, such as the app’ features, design, development team, and many more that might increase or lower the mobile app development cost.

If you wish to add unique or advanced features to your app, the app’s complexity will undoubtedly increase, contributing to increased Getaround app development cost. If you want to know how then have a look at the table below:

 

Car Sharing App Development	Estimated Cost	Time Frame
Simple Car Sharing App Development	$8000 – $15000	3 to 6 Months
Medium-Complex Car Sharing App Development	$15000 – $22500	6 to 9 Months
High-Complex Car Sharing App Development	$28000+	10+ Months

 

Tech Stack to Develop an App Like Getaround

Are you familiar with the tech stack behind a successful on demand car rentals app development ? Well, behind every successful Getaround mobile app, there is the right tech stack that contributes to its success. If you are also developing a car-sharing app, you must choose the right tech stack so that desired outcomes can be attained.

 

Component	Technologies
Frontend	React Native, Flutter, Swift, Kotlin
Backend	Node.js,  Java (Spring Boot) Python (Django/Flask),
API Integration	GraphQL, RESTful APIs, SOAP
Database	SQLite, PostgreSQL,MySQL, MongoDB, Firebase
Analytics	Google Analytics, Firebase Analytics
Authentication	OAuth, JWT
Push Notifications	Apple Push Notification Service, Firebase Cloud Messaging
Version Control	Git, GitHub, Bitbucket
Deployment	Apple App Store, Google Play Store, TestFlight, Firebase App Distribution

How to Earn Revenue With Car-sharing Apps?

Car rental platforms offer a profitable business opportunity in today’s changing landscape. If you create an app Getaround, by leveraging innovative monetization strategies, you can earn revenue while providing useful services to users. Let’s explore key monetization opportunities:

• Membership Fees
• In-app Advertising
• Data Monetization
• Subscription Model
• Partnership and Collaboration

 

 

1. Membership Fees

If you develop an app like Getaround, you can charge a one-time membership fee to users and allow them to access your platform services. This technique will provide you a steady stream of income.

 

2. In-app Advertising

You can display ads, such as pop-ups or banners, in your car rental app. These ads can be targeted to the apps’ user base, which makes them more effective and relevant. However, ensure that you do this without disturbing user experience.

 

3. Data Monetization

A car rental app like Enterprise allows businesses to collect and examine user data, such as their preferences and driving habits. Then, they can use this data to share or share with partners for research purposes or advertising.

 

4. Subscription Model

If you develop an app like Getaround, you can offer users access to premium benefits or features for a recurring fee. These premium features include extended rental periods, vehicle access, or additional insurance options.

 

5. Partnership and Collaboration

You can collaborate with other businesses, such as insurance companies, rental car agencies, and car manufacturers. These partnerships can lead to joint ventures, cross-promotions, and revenue-sharing agreements.

 

Wrapping Up!

Nowadays, businesses are releasing how it could be beneficial for then to invest in a car rental or car-sharing app as the industry is growing rapidly. So, if you are an entrepreneur with a good idea for car rental app development, it’s the right time for you. Using advanced technologies and innovative, unique features, you can build a successful platform for your travel and transport business, exceeding user expectations and ensuring business growth.

So, there is no need to think more; just go for this and develop an app like Getwaround to take your business to the next level. If you find any difficulty, it would be better for you to consult an iOS or Android app development company like Dev Technosys. Our proficiency and knowledge in the field allow us to deliver quality projects, ensuring businesses attain all their goals while ensuring user satisfaction.

 

Frequently Asked Questions

Q1. How Much Does It Cost to Develop an App Like Getaround?

The cost to build a car pool app depends on its features, design, complexity, and development team. However, if you want a general estimation, you can expect $ 8,000 to $28000 as the Getaround car share app development cost.

 

Q2. How Long Does It Take to Develop an App Like Getaround?

There are different timelines to create a car rental app like Getaround, as it takes 3 to 7 months to build a basic app with simple features. On the other hand, if you want to create a feature-rich platform, then it might take around 10 months.

 

Q3. How Does Car Sharing App’s Real-time Damage Reporting System Work?

The real-time damage reporting system in the car rental apps like Getaround uses a combination of technology and processes:

• In-app reporting
• Automated manage detection
• Geofencing
• Vehicle telematics
• Integration with external systems.

 

Q4. Can I Integrate Third-party Services Into My Private Car Rentals App?

Yes, if you build a car rental app like Getaround, you can integrate third-party services in this, including:

• Payment gateways
• Repair shops
• Insurance providers
• Social media platforms.

 

Q5. How Do I Market My Car Rental App Effectively?

If you develop an app like Getaround, you can market it using the following strategies:

• SEO Optimization
• Referral Program
• Content Marketing
• Email Marketing
• Social Media Advertising