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Prorata: Revolutionizing Car Co-ownership and Renting in 2023

Hi Readers!  Are you interested in purchasing a Mahindra Thar for 1.5 lakhs? 3.5 lakhs for a Toyota Fortuner? 7 lakhs for a Mercedes? How about a Porsche for 15 lakhs? Here is a complete solution for you with the Prorata App. In recent years, after Covid 19, there has been a notable shift in how people perceive car ownership. With the rising costs of purchasing and maintaining a vehicle, coupled with environmental concerns, alternatives to traditional car ownership have gained substantial popularity. One such solution is Prorata, a revolutionary platform. It is poised to transform car co-ownership and renting in 2023. Through innovative technology and a unique approach, Prorata offers individuals the opportunity to access a car of their choice on a flexible and cost-effective basis.

What is Prorata?

Prorata is a visionary platform that aims to bridge the gap between car ownership and car renting. It is developed by the PRORATA TECHNOLOGIES PRIVATE LIMITED. This app brings together individuals who are interested in co-owning a car and provides them with an easy and efficient way to share the vehicle’s expenses, usage, and maintenance. By using advanced technology and a user-friendly interface, Prorata creates a seamless experience for its users, making the process of co-ownership and renting hassle-free.

The app lets you share a car with others who live near you. You only pay a small part of the car’s price and use it when you want. Prorata finds other people who want the same car as you and makes a group. The group buys the car together, and each person gets a share of it. This app helps you manage the car and book it on your app.

You are not renting the car; you are owning part of it. The car is new and has a regular number plate. This car is well-maintained because everyone treats it like their own. The car is easy to access because it is parked in your society. The car is much cheaper than renting a car, even with Prorata’s service fee.

How does Prorata work?

Prorata operates on a simple yet effective model. Anyone who wishes to own a car can sign up for the platform. They can browse a wide selection of cars available for co-ownership and rental. Whether you are looking for a compact car for your daily commute or a spacious SUV for a weekend adventure, the Prorata App has something for everyone. Once you find the car that suits your needs, you can choose to either co-own it with other individuals or rent it for a specific period.

Co-ownership with Prorata

Co-owning a car through Prorata offers a cost-effective solution for those who want the benefits of car ownership without the burden of bearing all the expenses alone. Take a look at this method.

Co-owning a car with the Prorata App is a smart and affordable way to own a car.

  • You can join a co-ownership group of up to five users who have similar interests and preferences.
  • You can choose the car model, color, features, and payment plan that you want.
  • You can use the car whenever you need it and share it with your co-owners when you don’t.

What is Assembling a Coowner Group? 

Assembling a Prorata group is a good way to make sure that everyone in the same residential society owns the same car. The group may consist of 4-12 people having the same choice of the car. On your Prorata app, just reserve the dates you want the car for and enjoy it whenever you like.

By co-owning your dream car through Prorata, you can pay 8.33% of its total cost and co-own it with other car owners

The App will form a group of 4-12 people interested in owning the same car from the same residential society. All you must do is, reserve the dates you need the car for on your Prorata app and take it for your leisure.

There will be a fractional ownership of the car. By purchasing one ticket, you become 8.33% of the LLP (Limited Liability Partnership) created by Prorata. This LLP purchases the car on its behalf.

Rent a Car Today!

For those who want to avoid the long-term commitment of car ownership, Prorata also offers a convenient and flexible renting option. With Prorata, you can rent a car for a few hours, a day, a weekend, or even longer. The platform offers competitive pricing. It also ensures that all cars are well-maintained and in excellent condition. Whether you need a car for a business trip, a family vacation, or to run errands. This App provides you with a hassle-free renting experience.

Why Will You Choose This App? 

  1. Forming a group of 4-12 co-owners.
  2. Formation and management of LLP (Limited Liability Partnership).
  3. Daily car wash.
  4. Car parking rent payment.
  5. Managing reservations at the Prorata app.
  6. Insurance premium payment and claims.
  7. Car service and maintenance at regular intervals.
  8. Managing accidental issues.
  9. Managing users to follow platform guidelines to ensure fair usage of the vehicle.

By sharing the costs of purchasing, insurance, and maintenance, co-owners can significantly reduce their financial burden while enjoying the freedom of having a car whenever they need it. Prorata handles all the administrative tasks, such as registration, insurance, and scheduling, making the co-ownership experience seamless and hassle-free.

Other Benefits Include 

1. Cost Savings

With Prorata, users can significantly reduce their car-related expenses. Co-owning a car allows you to share the costs of purchasing, insurance, and maintenance, making it a cost-effective alternative to traditional car ownership. Renting a car through Prorata eliminates the need for costly long-term commitments and provides you with the flexibility to pay only for the time you need the vehicle.

2. Flexibility

Prorata offers unparalleled flexibility, allowing you to adapt your transportation needs to your specific requirements. Whether you need a car for a short period or a longer duration, Prorata caters to your unique needs. The platform also offers a wide selection of cars, ensuring that you can find the perfect vehicle for any occasion.

3. Convenience

Gone are the days of searching for car rental agencies or dealing with paperwork and administrative tasks. The app takes care of all the logistics, handling everything from registration and insurance to scheduling and maintenance. With Prorata, you can enjoy a hassle-free experience and focus on enjoying the freedom and convenience of having a car at your disposal.

Prorata App Installation

For Apple Users

  1. Open the App Store on your iPhone or iPad.
  2. Search for “Prorata” and tap on the app icon.
  3. Tap on the “Get” button.
  4. Enter your Apple ID password and tap on the “Install” button.
  5. Wait for the app to download and install.
  6. Once the installation is complete, tap on the “Open” button to launch the Prorata app.

For Android Users

  1. Open the Google Play Store on your Android device.
  2. Search for “Prorata” and tap on the app icon.
  3. Tap on the “Install” button.
  4. Wait for the app to download and install.
  5. Once the installation is complete, tap on the “Open” button to launch the Prorata app.

Prorata App Sign-In

  1. Open the Prorata app on your iPhone or Android device.
  2. Tap on the “Sign In” button.
  3. But before the Sign-In, You can check your eligibility by paying an amount of INR 99.
  4. Enter your registered email address and password.
  5. Tap on the “Sign In” button.

Want to Rent Your Car: It is Easy Now!

  1. Open the Prorata app on your iPhone or Android device.
  2. Tap on the “Rent a Car” button.
  3. Select the car you want to rent.
  4. Select the dates you want to rent the car for.
  5. Enter your payment information.
  6. Tap on the “Rent Now” button.

Conclusion

Transportation is undergoing a significant transformation, and Prorata’s innovative approach to car co-ownership and renting is at the forefront of this revolution. By offering a flexible, cost-effective, and environmentally-conscious solution, Prorata has the potential to disrupt the traditional car ownership model and redefine the way people access and utilize vehicles. As we enter 2023, Prorata’s impact on urban mobility and accessibility is set to pave the way for a more sustainable and efficient transportation future. Embrace the future of car co-ownership and rental with and experience a new level of mobility.

Prorata App FAQs

Q: What is Prorata?

A: Prorata is a fractional car ownership platform that allows you to co-own a car with other people.

Q: Where is the Prorata app available?

A: The Prorata App is available to both the Android and the Apple users

Q: What is the Customer Care Support Number of the Prorata App?

A: You can connect with the Customer Care Support of the Prorata app by +918068871111 or by emailing [email protected]

Q: How does Prorata work?

A: This App will help you to form groups of 4-12 residents in a residential society. Each member of the group pays a monthly fee to own a share of the car. The car is parked at the residential society for everyone’s convenience.

Q: What are the benefits of using Prorata?

A: There are many benefits to using Prorata, including:

  • Save money on car ownership: Prorata is a more affordable way to own a car than buying or leasing one outright.
  • Reduce your environmental impact: By sharing a car, you are reducing your carbon footprint.
  • Gain access to a variety of cars: Prorata offers a variety of cars to choose from, so you can always find the right car for your needs.
Q: What are the problems with using the Prorata app?

A: There are a few potential problems with using the Prorata app, including:

  • The app is not functioning in all areas.
  • There may be a waiting list to join a Prorata group.
  • You may have to compromise on the car you want to rent.

Overall, the Prorata app is a convenient and affordable way to own a car. However, there are a few potential problems to be aware of before you sign up.

Read the latest Automotive Blogs.

David Scott
David Scott
Digital Marketing Specialist .
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