Gone are the days when driving a vehicle was considered a big deal. Limited incomes, low standards of living, relatively high costs of vehicles, and a not-so-developed-and-extensive network of roads - all these factors contributed towards making owning a vehicle a distant dream for the common masses. With the Internet age and digitalization having evolved, many new concepts of different types of services have taken shape, which has changed the entire landscape of markets and businesses. In the domain of the vehicle and automobile industry, vehicle rental is the latest buzz that has been gaining traction lately. For example, if someone wants to rent scooty in Bangalore, they can easily do so by getting in touch with a vehicle rental firm. How does this new trend fare against the traditional concept of owning a vehicle - let’s find out.
Until a decade or so ago, owning a vehicle was considered a sign of one’s affluence and society at large associated the ownership of a vehicle, especially a four-wheeler, with a person’s financial status. This gave way to the craze of buying vehicles among the masses, so much so that people started spending a major portion of their earnings on it. However, things changed pretty quickly and soon people started realizing that in some ways, ownership comes across as an inhibitor. For instance, once a person has bought a vehicle, it becomes imperative for him/her to drive it for the maximum time possible so that he/she could fully utilize its services. Add to it the periodic maintenance costs, insurance renewal costs, costs of challans (if any), etc. All these downsides of ownership of vehicles combined gave birth to the concept of providing vehicles on rent.
There are many advantages of getting a vehicle on rent, more so in big cities where congested roads and heavy traffic are a common sight. Let’s take Bangalore for instance. Besides being known as the IT hub of India, Bangalore is also famous (read notorious) for its traffic jams. This is one of the reasons daily commuters among millennials look forward to rent scooty in Bangalore. Another example is that of Hyderabad. Ubiquitous traffic jams marked by long queues of vehicles, especially four-wheelers, are too common in Hyderabad nowadays. This explains why in order to rent bikes Hyderabad residents always show keen interest. Getting a two-wheeler for rent is the best option in such overcrowded cities. Here are some of the key benefits of renting a two-wheeler.