A new car can be a liability. This is what stops many from acquiring this essential part of our lives. Hefty down payments are not the only obstacle to cross – monthly EMIs can suck the enthusiasm out of having a swanky new model for your road trips and daily commute. Some may suggest the ‘Buy second hand car’ option, but that is a minefield you do not want to negotiate. Just think of the maintenance issues you do not know of and of course, the resale value of a pre-owned model is quite low.
However, you can turn a new car into an asset with a smart and simple way of thinking – by being part of the shared economy. Imagine having a new car that earns extra money for you while you have total access to it whenever you want. The Zoomcar Associate Program, or ZAP, does exactly that and much more. Sign up as a ZAPster and list your car on the Zoomcar platform whenever you do not need it. You can earn up to 20,000 INR a month with this initiative – covering all your EMI cost and raking in some precious extra cash.
Zoomcar can also help in the acquisition process. The company has a great relationship with some of the top car makers in India so you can buy your dream model and get special discounts. You will also have access to a nationwide network of financiers and choose the payment plan that suits you the most.
There are a few simple prerequisites that need to be fulfilled before you become a ZAPster. Your new vehicle will need to be installed with Cadabra, a proprietary car monitoring software that comes with many benefits. We all dread those unplanned maintenance costs, and it can be quite difficult to predict the little issues in the mechanics of the vehicle. Cadabra monitors the important aspects of your car and gives you alerts if something needs to be looked at. This allows you to facilitate preventive maintenance and will help you save thousands of rupees in the long run.
You also do not have to worry about liabilities when it is listed on the Zoomcar platform. Since it has to be registered as a commercial vehicle with Zoomcar, you can rest assured and just wait for your car to come back home with more money.
Transparent billing is one of the hallmarks of the Zoomcar business model and as part of ZAP, you will get clear breakdowns on your car’s earnings. You can list your car whenever you don’t need it and there is no requirement on your part to meet customers who rent it.
‘Buy new car’ is that one mission on your life goals list that you can tick off without making too many compromises. The freedom and privileges of a car owner are now yours and you can also enjoy some extra income.