NG-ride launches service
An online rental car solution, NG-ride, combining the features of Uber and car rental solution, AVIS, has launched in Nigeria.
NG-ride provides a marketplace for car owners to list their cars so that interested users can rent the cars and pay per hour at a predetermined price.
“We are marrying the features to create a solution for Nigerians. We are bringing something purely Nigerian and close to them as well, that they can also easily afford.
So what we have done is bring the AVIS and Uber models to create a solution for Nigerians,” said
Founder/Chief Executive Officer, NG-ride, Osamede Evbakhavbokun.
Launched in April, NG-ride already boasts more than 300 cars in its fleet, over 900 rentals and over 70 per cent full day hire so far.
According to Evbakhavbokun, NG-ride features from simple to affordable luxury cars. These include luxury cars like limousine, Bentleys, Rolls Royce etc; cars purely owned by individuals who list them on the NG-ride marketplace for the sole purpose of monetising them.
“What happens is that we consider the fact that, firms like AVIS invest in car infrastructure, which has to depreciate. They also run drivers’ cost. All these contribute to make the cars more expensive. For us, we are listing cars that are owned by individuals using their cars for regular businesses. This makes the cars cheaper and the customers get value for money because the cars are cheaper and easily accessible,” Evbakhavbokun said.
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