It is no longer you who has to shell out a huge amount when buying a car, but still being able to make use of the rental paid for – and saved on – capital which can then be directed elsewhere, such as new investments or trips. “Buyers are often up against down payments of 20-30% on cars priced from ₹70,000-₹90,000, along with loans that stretch out the payments for 5-7 years at a rate between 5-10%, leaving them spending thousands more. Renters, however, only pay for the car by the day or week—say ₹300-1000 per day—providing a fully equipped vehicle without having to tap into savings, and it is ideal for temporary needs.

This model works for urbanites in cities like Indore, where there are plenty of public and shared-ride options that make car ownership unnecessary. No dickering at dealerships or hidden fees; just choose, drive and return. Over a year, as infrequently as you might rent, it is far cheaper than 20-30% depreciation (first year) on new cars.