Due to the continuous growth of the on-demand technology in the market, car rental apps have become as common as social media apps. The increase in demand for car rental applications have shifted these apps into the category of a necessary one. A car rental solution not only emerge as a source of convenience for users, but also as a source of income for the service provider. But, from the business perspective, it is essential to know the car rental app development cost to strengthen the business idea. In the later sections of the article, we’ll talk about the cost, but first, let’s understand what the market holds for car rental apps.
Since their launch, the car rental apps are growing like wildfire in the market. The main reason behind the success of car rental solutions is the convenience that they provides to users.
Read the article till the end if you want to know all about the features that you must include in your app to make it a must-have application for users. In this blog, we will cover every aspect that you need to know about car rental app development.
Market of Car Rental App
According to a report by Statista, by the year 2022, the car rental and leasing services market in the USA will be with the fastest growing industries. The report estimates that the market will reach to approximately USD $43 billion. The report clearly indicates that the market is on steroids due to its rapid growth. Therefore this is the best time to invest in the pool of sustainable car app development.
Famous Car Rental App Development Models
Since the market of on-demand apps is booming globally, many large scale businesses and are planning to develop a car rental mobile application. As the competition is cut-throat, businesses have discovered various models to cater to a market niche. Below are some famous models from which you can choose to apply for your business.
- Corporate Car Rental Services
- Long Term Car Rental Services
- P2P Car Rental Services
- Out Station Car Rental Services
- Local Car Rental Services
The feature list for Robust Car Rental Application Development
The very first section of the app that popups when the user opens the app. The user can sign-in with email or social media credentials.
Here users can select the desired car that they want according to their requirements.
Users can select the cars according to their needs and they can schedule the booking for a later time.
This feature is useful in case of emergencies or just when the users want to rent a car instantly without any delay.
Users can easily monitor all past bookings and upcoming rides from this section just with a single tap.
Users are alerted with booking status, latest discounts, updates, and offers by SMS and email notifications.
Providing a feature for cost estimation in-app will be helpful for the user in calculating the approximate ride cost even before booking it.
Integrating multiple payment options in your app will allow users to pay for the fare charges along with complete fare ride receipts.
Under this feature, users can easily cancel the upcoming bookings by paying legal cancellation charges.
Referrals and Rewards
Users can share or refer the app with family and friends to earn rewards and promo offers for booking rides.
From this section, admin can manage and monitor all the details about vehicles, drivers and users. This panel also shows all the data and analytics to the admin.
All the details and information of users, drivers/hosts, and sub-admins are managed under this feature.
Under this feature, the admin can add new cars in the app along with the detailed information of the car.
Manage the entire fare structure for renting a car, according to distance, car category, location, and even the navigation routes.
Income and App Analytics
All the incoming funds and profits are monitored by the admin. Under this section, the admin can also monitor the data and reviews for the app, to help manage the business performance.
Content Management System
A CMS is a convenient tool for admins to manage all the content of the car rental app.
The admin manages all the cars according to their categories, and updates the status of the cars that are available for rent.
The points above mentioned are some basic features for developing a car rental app. But if you want your app to be one of the best in the market, then you must add extra special features in your app. The following are some features you can use to make your app more interactive and functional than competitors.
Capturing an image of the document that you want to upload, and then later searching for it in the gallery is a tedious task. Providing a feature of an in-app camera will help users to capture the image of the document directly from the app camera for uploading.
Before renting a car to any user, the app must ask the user to upload verification documents such as a driver license. Document uploading is a must-have feature for an advanced Peer-to-Peer car rental service.
Sometimes users also want drivers when they book a car for rent. This feature allows them to also book drivers along with the car, when they are going for a long ride or on a family vacation. You can also add this option of setting a preference when booking a car for rental.
Custom Relation Management(CRM)
In order to keep the loyalty of your customers, you must have a long-lasting relationship with your users. A CRM allows you to send email newsletters, offers, and discounts to users on a regular basis.
In case you are assigning drivers while renting cars, then integrating a GPS for your app is very important. With GPS, users as well as the admin, can track the live location of the car rental on the map. For security purposes, users can update or share their live location with the admin and their relatives.
Technology Stack of Car Rental App Development
If you want to develop a robust and refined app, then you must choose the right technologies that fulfill the requirements of both the users and drivers. An app with excellent services and quality will stand alone and ahead in the industry.
|Real-time Analytics||Flurry, Google Analytics|
|Database||MongoDB, HBase, Cassandra, Postgres, MySQL|
|Phone Verification||Facebook SDK, Google sign in|
|Cloud||Amazon Data Servers and the Google Cloud serves|
|Location Tracking||Google Maps and Apple Maps|
Steps to Develop Car Rental Application
Once all the features and functionalities of your app have been decided, you must begin with the development process. For swift app development, you must follow an agile development process. The following below steps will help you to developing a immaculate car rental application.
Team Structure for Car Rental App Development
Developing an app is easy if you have a team of proficient and skilled developers who know about developing on-demand apps. If you want to convert your ideas into reality, then you need to work with a pool of expert developers, designers, testers, and skilled managers. If you want your app to be popular, then you must make it available for both iOS and Android platforms.
Car Rental App Development Cost
Figuring out the car rental app development cost is not an easy task. There are various factors like features and functionalities, which affect the cost of car rental app development. The platform of development and regions are also major factors that affect the car rental app development cost.
The cost of developing an app per hour depends on the economy of the country. In the USA, the cost of development is $150-$250, whereas in Europe it is $120-$200 per hour. In Malaysia, the app development cost is roughly only $40-$80 per hour. However the best region to develop your application will depend on the specific scenarios involved with your project.
|User panel||300-450 hours|
|API development||100-130 hours|
|Admin Panel||120-150 hours|
For an average estimate, the car rental app development cost with an MVP version is around $20,000-$25,000. The cost may be significantly higher if you want to include a lot of most advanced features in your app. Our team of expert and proficient developers can develop a car rental app with all required and advanced features at an excellent price. Contact us now and get your car rental app solution in your hands.