To Rent or to Ride?

Taxis are not the only company that is worried about the rise of UBER fairs and technologies. This up-and-coming taxi firm has won the Americans over the use of car rental UAE. These are the second biggest transport provider in North America. 

Uber accounted for around 43 percent of transport and expensed transactions, while rental cars still had a huge 40 %, cab services were at the forefront with 43 percent of ground transportation transactions expensed through Certify.

Why Uber?

An UBER fair costs much less than the average car rental prices or second hand cars Dubai, there is data that this percentage of use is mostly through business professionals traveling. This has resulted in car rentals dropping by over 15% in two years. The decline is not as steep as the one experienced by cabs which had fallen a shocking 23% over the same time period. Initially, these statistics really come down to travel convenience, the ability to flag a cab and pay in cash, without having to worry about a deposit or damage that may occur, is a huge factor for business travelers in the emirates.

Many residents that rent a car for lifestyle and convenience even when they don’t expect to drive much, are choosing to use Uber for those shorter trips or on an evening out. UBER is definitely having a massive impact on the car rental companies in Dubai, Hertz Global Holdings Inc was down in profit by around 36 percent this year.

Rental Companies Coming out on Top.

Most rental car companies are looking out for ways to go beyond the average daily car rentals that are provided to business travelers. Many rental companies provide fast, efficient rental prices for pay as you go. Their simple philosophy of Pay as you go works far better for business travelers in the emirates.

Many Auto traders who have traditionally viewed rentals as a way to promote their vehicles to prospective customers are starting to pursue the preferred cab traveling services. 

The customers choosing Uber over car rentals or buying second hand car UAE are searching for an easier car rental provider where a deposit is not compulsory, services are fast and prices are more efficient.