A unique in innovation in self drive car rental in India: Loss Damage Waiver

Despite the fact that self drive car rental services have been hugely popular in India over the last four to five years, there have been a few roadblocks which led to hesitation among people when it came to actually opting for a car for self drive. The biggest problem was the headache of refundable security deposits which put the cars beyond most people’s budget.

While many companies that allow you to rent a car of your choice claim to be ‘zero security deposit’ services today, there are too many terms and conditions that need to be satisfied before one can actually avail this facility. This is where Myles, already the number one self drive car rental service in Bangalore, Mumbai, Delhi and other leading metropolitan cities of the country with a portfolio of 40+ vehicle models spread across 250 locations, came up with the idea of going one step further than their competition.

Myles has introduced the No Security Deposit with Loss Damage Waiver policy which provides everyone an option to either choosing to pay the security deposit, or completely forego it for a fractionally priced trip insurance starting at ₹100 per day! Not only does this do away with the inconvenience caused by security deposits, it also covers the customer in case of accidental damage, consequential damage, third-party damage implications, key or document loss, and roadside assistance.

Isn’t it fantastic news? You won’t have to worry about the self drive car being out of your budget or having a heavy chunk of your credit blocked on your card, or even waiting for weeks to receive your deposit refund once you’re back from the trip. 

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Why Should You Refer Your Friend To Myles Self Drive Car Rental?

Every time you leave your home, a different car awaits you, and while every time you drive a new one, your friends wonder about your secrets they don’t know yet. Now that sharing pays, how about you let them in and break the suspense before you make the next booking for self drive? Become that awesome friend with benefits with Myles Referral Program. Refer Myles to your friends and receive a discount coupon worth Rs. 600 wrapped with a million memories that await on your next road trip. One’s a company, two’s a crowd, and three’s a party! So, why relish the joys of self drive all by yourself?

With its services spread across 250 locations in 21 cities, Myles, India’s largest car rental service, will always be near you, with over 40 car models to chose from. You can book a car by the hour, day, week or month and be ever ready to drive yourself to your next adventure.

Participating in the referral campaign is as easy as 1-2-3.

Step 1 - Refer a friend through email, Facebook, Twitter, LinkedIn, Google + or Whatsapp.

Step 2 - Your friend receives a link with the discount coupon of Rs. 600 which open to the Myles car booking engine. Your friend books a Myles car.

Step 3 - You receive a discount coupon for the same amount on your next booking.

Below are the terms and conditions:

-No two offers can be clubbed together

-To complete the transaction in case the amount is less or equal to the discount amount, a     

  minimum of Rs. 1 will have to be paid.

-The discount amount is applicable on the base fare only.

-The discount is valid for all cars across all cities.

-The coupon is valid until 6 months from the issuing date.

- Myles has the right to refusal in case of any disputes.

- Offer valid on self-drive service only.

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What do Self Drive Car Rental Companies Do With Damaged Cars?

It is sufficient to say that cars and automobiles form the very basis of self drive car rental services. The whole car-sharing ecosystem delivers a good service primarily due to the tremendously well-maintained vehicles in their fleet. If someone is considering to book a car for, let’s say, a road trip, then he or she would want an assurance that the car he or she is about to drive is not only in good working condition, but probably looks as good as new!

This is why Myles self drive car rental, often touted as the country’s leading service of its kind, takes extraordinary care to provide amazingly serviced cars to their customer base. With more than 40+ models of cars in their repertoire, spread across 250 locations in over 21 cities, it sure is a difficult task.

But what exactly happens to a car for self drive that get damaged, even though it might be as little as a scratch? Let’s take a look.

1.      The first important step in returning the car to it’s original working condition is diagnosis and analysis of all the damage that has occurred. It is interesting to note that the damage might not only be external but internal as well. Therefore, the car is sent to the workshop for a thorough analysis.

2.      Myles employees extraordinarily skilled technicians behind the scenes to assess the damage and the repair required.

3.      In the meantime, the insurance claim is filed, and the issue is settled via standard procedure.

4.      The car is returned to as-good-as-new condition in a time frame ranging from a few days to a few weeks.

Throughout the entire procedure, the best technology and methods are used in order to restore the automobile. Finally, what you see on the road is scarcely believable- a Myles car back from the dead!

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In 2017, self drive car hire will be the biggest trend in India

The millennials and Gen Z are on the verge of exerting the majority buying power in the country, but unlike their predecessors, they have a skewed concept of ownership. Most young professionals prefer living in rented apartments and houses, and a similar trend is beginning to surface in the car hire industry.

Apart from cabs, the biggest winner in the segment in the coming year will be self drive car rental, and Myles is ready to seize the mantle. As India’s numero uno in the self drive car booking and service area, Myles looks set to continue playing an influential role in expanding the car-sharing ethos in the country.

The reason is simple. Young people have realized that owning a car is not only uneconomical in the longer run but also comes with too many hassles. No one has the time or resources to maintain their vehicle with utmost care, be it the regular repair, fuel, maintenance and insurance costs, or simply an EMI. The freedom to drive whatever vehicle one needs whenever one needs it has a significantly growing mass appeal which will only spread in 2017.

Myles car rental services provide a variety of automobile models (40+ in number) in 250+ locations across the country spread across 21 cities. Car booking can be done in seconds using the simple yet efficient Myles app, and payments & refunds can be made in an instant using the integrated wallet.

New year is going to bring around a revolution in how people are going to commute in the country and self drive car rental sector will be the one to usher it.

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6 Statistics Behind The Success Of Myles Self Drive Car Rental

It’s no doubt that Myles self drive car rental is the premier service of its kind in India. With over 40+ models to choose from, you can rent a car based on the occasion and requirement. Also, the presence of the service in 21 cities and 250+ locations across the country caters to a large section of the urban population. 

But what are the phenomenal statistics behind the emergence of Myles? Take a look:

1. According to a Capgemini survey, 59% Indians hoping to buy a car today are open to the idea of an alternative mode of ownership. Reason? They want to lower the financial strain of vehicle ownership, and have flexibility and convenience when it comes to driving.  

2. An average Indian car is used only on 150 days per year, while it sits idle in the garage for the remaining 200. This comes as a shock value along with the fact that an owned vehicle is a depreciating asset. This is what Myles advocates and banks upon when promoting car-sharing.

3. Myles initially began with just 14 vehicles and 3 cities in November 2013. What’s surprising is that they were sold out for the next one month! This proved the fact that Indians were in need for such a self drive car rental service to emerge.

4. Myles has grown tremendously over the past 12 months, registering 11X growth out of which 70% is due to new monthly users!

5. The number of people engaging with Myles on a monthly basis is growing at 30%. Today, the number of Mylers stands at 1.5 lacs.

6.50000 cars in 50 cities distributed over 5000 locations- this is what Myles is aiming for in the next four years. They are also looking to multiply their subscriber base to around 5 lacs in the next five years.

Myles self drive car rental has played a crucial role in disrupting the way people are commuting these days. Every forward-thinking and independent person looking to keep his options open (when it comes to driving) is gorging on self drive services across India. 

The future looks bright (and car-ownership free!).

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