Those who know the renowned company "Airbnb" are aware that it is one of the most popular collaborative economy-based platforms in the world, where thousands of property owners rent out their homes and apartments to tourists or business travelers visiting a particular city.
This trend of monetizing personal assets and making them available to others has generated a market that moves millions of dollars worldwide, and creates new income opportunities for many people around the world.
What are collaborative economies?
The collaborative economies are a new concept based on new technologies. Products or services are lent, exchanged, sold, rented, or purchased, based on needs and collaboration between people.
Rentennials takes the same concept but applies it to personal vehicles, aimed at those who own one or more idle vehicles (which are often only used for weekend rides), or for those who wish to generate extra income with a relatively low capital and high profitability.
When we refer to relatively low capital, Andrés Puebla, CEO and Co-founder, tells us the following: "a 2015 vehicle today costs around u$d8,000 to u$d10,000 (dollars), and the average monthly income it can generate is between ar$70,000 to ar$150,000 (pesos), so if we compare it with a standard apartment at u$d75,000, whose rent ranges between $40,000 per month if rented traditionally, or $100,000 through platforms like Airbnb, the difference is remarkable, making the idea of renting vehicles and creating your own Rent a Car very attractive.
How to get started on Rentennials?
To become a renter you must have a vehicle model 2015 or newer, be over 21 years of age, have your green card up to date and your RTO processed. Andres Puebla also tells us: "the registration process is relatively simple, you just need to visit our website https://rentennials.app/ and complete the request form to publish, then our team will verify your information and your vehicle and within a few hours you will be ready to rent».
We invite you to download the app Android or IOS and become part of the new "Rent a Car" community and continue supporting Mendoza entrepreneurs.
