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ZAP – Own a Car the Shared Economy Way

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Owning a car is one of the great middle-class dreams – a ticket to freedom and a symbol of success. From weekend drives to hassle-free office commute, it is a lifestyle changing acquisition. With rising costs in all directions, buying a new car comes with its headaches. The swanky new ride in your parking lot is depreciating in amount every second but the EMIs you pay every month is based on a premium price. These payments can go on for years and can make the aspiring professional cut corners and make compromises. A downgraded vacation budget perhaps, or maybe less eating out at a favourite restaurant.

ZAP – Helping your Own a Car

Using shared economy principles, Zoomcar Associate Program or as it is more commonly referred to as ZAP allows the car buyer more financial flexibility. There is nothing complicated about the model – list your new car on the Zoomcar platform when you are not using it. You will get back some extra income which can then be channelled into paying the EMIs. The ZAP initiative has been tried out across many cities in India and the results have been great. Some participants are bringing in close to 20,000 rupees a month – enough for the car loan payments and more too. All this, without having to break a sweat.

Zoomcar can even help buy your new car. The company has a great relationship with the top car manufacturers in India such as Hyundai, Ford, Maruti, Mahindra and Tata. You can get special rates so your savings begin before you even join the Zoomcar platform. The company also has a large network of financiers so you can get a good car loan sanctioned with good interest rates.

To get your car ready for the ZAP model you will need to install Cadabra, a car monitoring software which gives you a major advantage. We all know how maintenance can suck into a budget. With Cadabra, you will be getting alerts on your car’s health on your phone which allows you to arrange for some preventive maintenance – you can save thousands of rupees with this smart addition.

ZAP Subscribe – A New Option

Another way to save costs on acquiring a car is by simply using the subscribing model. This is a perfect plan for those who are looking to keep a car for a short tenure, from as low as 6 months to a couple of years. It does not involve a down payment and maintenance and insurance is free.

Owning a car has become much easier with the ZAPster model. Not just that, the process of listing it on the Zoomcar platform is very simple. It is facilitated via the app and there is no direct interaction with customers required. Studies suggest that we use our cars only 10 percent of the time. That is a huge potential for you to get some extra income. Sign up for ZAP and tick ‘buy new car’ off your bucket list. Enjoy an uncompromised experience and rake in some extra cash too.