14 Apr 2023
  

How much does it Cost to Create a Car Rental App like Ekar in Dubai?

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Shivani Singh

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Are you planning to develop a car rental app like Ekar?

If yes, did you study the market, features, and qualities of this app that increased its popularity in the UAE?

Don’t be worried!

A sum up of all the research you require for a car rental app development like Ekar is provided here. The investment in time gets reduced, and you will have the most knowledge shared by our pool of exceptional talents. 

You can bring a tremendous new shift to the on-demand app development industry while building a car rental app like Ekar.

Are you excited to delve deeper into the features, functionalities, monetization strategies, and costs of developing an app like Ekar? 

Move further and explore!

Car Rental App Development | Facilitating Services Beyond Excellence 

Who does not love a luxurious lifestyle?

With some taps and you will receive your car on rent. An exciting way to make the most of services. 

Interesting, isn’t it?

People from different walks of life have been swiping and scrolling through different cars with various features, colors, and price ranges that too seamlessly. Moreover, they can self-drive the cars using short-term carsharing and long-term subscription leasing. 

From the nearest zone, a user can access the car available for rent and take it to the destination. 

Belonging to the car rental app industry, Ekar provides the same services. 

Do you want to learn about Ekar? 

Move further!

Ekar: Simplifying Car Rental and Car Sharing in UAE

While introducing the most convenient way to rent cars in 2016, Ekar, a UAE-based car rental service, has made its name in the industry. It has a pay-per-minute feature that lets users pay for the specific period they are using cars. 

Users receive notifications and details of the car once they finish the booking procedure. This adds a sense of loyalty among them. Users of both Android and iOS devices can choose from a fleet of cars available all over the UAE. 

Other than this, do you know what adds to the popularity of this app?

Various features like easy booking, real-time car availability, 24/7 customer support, and seamless payment processes have taken this app to the heart of multiple users. 

Also Read: Revving Up Your Business: Developing a Cutting-Edge Car Wash App for the Modern Age

Future Scope in Car Rental Segment 

Wondering what has a car rental domain in its pocket for you?

Read these stats:

  • User penetration in the car rental industry is 7.1%, which can reach 7.8% by 2027. 
  • This year, we can see a massive growth of $104 billion in this segment. 
  • An annual growth rate of 18.5% is expected to expand the market to $105,285m by 2024. 
  • By 2027, the market value can become $119.40 billion. 
  • The global car rental software market can grow to $188,933.23 million by 2027.

Features Integration to Build a Car Rental App like Ekar

To understand the cost of building the best car rental app like Ekar which brings a drastic change in the world, it’s essential to explore the features that serve different audiences, such as customers, drivers, and app managers. 

features for a car rental app

For Drivers:

Drivers must have provided access to these remarkable features. Such as: 

  • Rides management

Providing a way for the chauffeur to control their orders, accept/decline requests, and discover new ones. 

  • Language Settings

Drivers can have plenty of languages to use the app better.

  • Route optimization

Using this feature, the driver can locate the shortest route with low traffic and thus end the ride seamlessly. 

  • Order and earning history

A driver can have a look at their daily or monthly earnings. 

  • Driver accreditation

It ensures the verification of documents and licenses of drivers while you create their profiles. 

For Users:

To let your users return to your app, ensure that you add these features: 

  • Customized rides

Users of all domains love customizations

Therefore, take it as an opportunity to generate revenue with an app like Ekar and offer users the right to know their pickup, time of pickup, gender of the driver, language, drop-off locations, etc. 

Take note of emphasizing your user convenience while preparing customized options for them. 

  • Payment gateway 

Instead of providing only one or two payment options, add multiple payments such as debit cards, cash, credit cards, UPI, app coins, etc. Get in touch with the industry experts of Techugo if you want to implement a payment gateway into your digital solution. 

  • Two-factor authorization 

It is vital for seamless registration. 

While you create an app like Ekar, deliver a fast and secure registration process to your users while asking for a password and verifying the same using a contact number or email.

  • Live Vehicle Tracking

Passengers must be given access to live vehicle tracking from the pickup point to the drop point. Also, for safety concerns, including a “live location sharing option” that they can show to their loved ones. 

  • A quick trip-matching algorithm

This feature lets passengers quickly match with the drivers using the preferences they add in an app. 

For Admin:

How does the admin handle everything?

You must take care of this factor too. 

Right, isn’t it?

So, here are all the features you need to integrate into your app like Ekar, to run and operate it seamlessly. 

  • Content management

It lets the admin decide the path and type of content, like where and what kind of content they want to display to your users. 

  • Vehicle type management

A complete insight into the type of vehicle being used by riders, their kinds, and rates are covered in it.  

  • Bonus payment system

This feature lets the admin manage the discounts, offers, and bonuses for passengers and drivers. 

  • Interactive dashboard

The admin can look at all in-app data in real-time. Ensure to add this to create an app like Ekar.  

  • Revenue management

It provides a comprehensive history of all transactions, including spending and generated revenues. 

How to generate revenue from a car rental app like Ekar?

To bring success to your car rental business, you must adopt significant methodologies such as:

  • Service Subscription Fee

You can add a service subscription fee on a monthly and yearly basis and provide your users with advanced and dynamic features. For an app like Ekar, a service subscription fee works the best as a monetization strategy and lets you add more to your revenue ratio.

  • Commission Base

You can ask for commissions from the car owners who use your app as a platform to list their cars. Just like food delivery apps demand a relevant ratio from restaurants to list their menu and foods, you can use the same strategy to increase the profit you receive. 

  • Car Rent 

This is the most basic way to earn money, where the users pay you a specific amount to rent the car. But instead, you can lease cars to drivers and have money from both sides. 

Leading Trends in Car Rental Industry

Now that you have developed a better understanding of the car rental market, it’s time to learn about the dynamic evolutions it can bring to the table with tech integration.

tech trends will reshape the car

  • Personalization and Customization 

Everyone looks for personalized service. Also, businesses generate more revenue when they have customer preferences at the front. 

What next?

Approximately 90% of consumers prefer customized solutions. 

Understanding this crucial change, the car rental app development market can expand its growth while providing users with personalized options in preferences, loyalty rewards, needs, pricing details, and vehicle options. 

That, in turn, makes users engaged and attracted to the app. 

  • Artificial Intelligence (AI)

AI brings tremendous opportunities for businesses of all domains, and car app development has no exceptions. 

By analyzing customers’ data and providing them with personalized recommendations, the use of Artificial Intelligence will increase. Not only this helps in building solid relationships with the users but also improves sales and revenue. 

That’s not it!

You can also have a look at real-time inventory updates. 

  • Virtual Reality (VR)

Do you know how VR can enhance users experience?

The tech can let users look at the interior and exterior of cars before making any decision. This way, the customers feel trusted towards your services. 

  • Cloud Computing

How will you store the data of numerous users?

Cloud Computing can help!

Using this tech, you can seamlessly manage vehicle inventory, customer information, rental history, etc. 

Another perk of integrating this tech is enhanced operational efficiency. If you want to increase your business efficiency with cloud computing on an app like Ekar, get in touch with the top mobile app development company in UAE

  • Gamification

Gamification is to make the app more engaging and fun for users. 

With every reward, challenge, and leaderboard, you increase consumer retention and engagement on your app. 

So, what about integrating gamification?

Indeed, it will bridge the gap between you and your end users. 

  • Blockchain 

What is the secret to ensuring the security and safety of your digital solutions?

Of course, it’s Blockchain!

You can have it to get multiple advantages like vehicle history, secure transactions, and maintenance records. 

Do you want to learn more about Blockchain?

Read Real World Use-Cases of Blockchain Technology.

  • Metaverse

Metaverse is creating hype in the tech world.

Undoubtedly, it is here to create an immersive and dynamic user experience with the amalgamation of virtual, augmented, and mixed reality. 

Through Metaverse, you can let your end users select their avatars and rent a car for virtual test drives. 

Besides, they can have an immersive showroom experience and gamified rental options in front of their eyes. 

  • Mobile Payment Options

Every business applies a payment gateway to their apps. 

But do you know the reason behind?

Yes, it diminishes the friction in the rental process with features like automated invoicing and digital receipts. Moreover, you can provide a seamless and convenient way of payment to your users. 

  • Internet of Things (IoT) 

IoT boosts the process of your car rental app while allowing companies like you to access real-time vehicle locations, maintain status data, monitor the fleet, and check fuel levels. 

What’s more?

Keyless entry, alerts for maintenance, and remote vehicle start are other benefits that add a cherry on top. 

Prerequisites to follow before developing a car rental app like Ekar

Consider these stages to build your own car rental app like Ekar. Instead of giving it a sudden move, go slow initially and then turn your idea into a robust digital solution. To create a rental app like Ekar, here is what you need to consider: 

How to create a car rental app like Ekar? 

how to create a car rental app

  • Find your Niche

Ensure to find and research your niche to conquer it with a dominant and competitive app. You will get to know various things, like how to assess your concept and what features to add to your app, once you understand your niche. 

  • Analyze the Market

Instead, get a proper hold on the app features, legal difficulties, competitors, niche tendencies, and end users to make the most of your car rental app development. The best car rental-sharing app will arrive when you have researched and analyzed the market.

  • Conduct Research

That’s not it!

Your research does not end with analyzing the market because here comes the most important when you have to find an expert team of developers who integrate robust technologies and prepare a wireframe of your digital solution. If you are looking for top-notch developers who can make your vision live, book a consultation with Techugo, a leading car rental app development company

  •  Get tech expertise

Now that you have started researching the best developers, consider investigating the following: portfolio, tech stack, specialized services, expertise, experience in the field, past projects, and client testimonials. Gaining information about these things will help you meet the best app development company like Techugo, which has built 750+ high-quality applications for businesses worldwide. 

  • Develop an MVP

Even if your budget is low, you can still enter the digitized world by building an MVP for your business. An MVP consists of some essential features enough to gather the attention of early-adopter consumers. While integrating basic features, API, database creation, and backend development, you can know how your car rental app like Ekar, will perform in the market. 

Thus, integrating some other dynamic features and improvements is possible based on reviews and the challenges you found with the help of developers. 

Factors Deciding the Cost of a Car Rental App like Ekar

What lets you decide the car rental app development cost is discussed in this section. To start with bringing a dynamic shift to the world, you must prepare a budget. So, let’s get in and learn about factors that decide the cost of a car rental app like Ekar. 

  • Features and Functionalities 

What amount of features do you want to add to your app? Are they belong to a dynamic category or a basic one? 

You must find an answer to it to decide the app development cost. The more features you want, the more the price will be. Also, depending on the scale of robustness, it can go further. 

  • Tech Stack

Not just the cutting-edge tech stack gives a robust definition to your app but also influences the cost to develop. Here is what you can choose for an app like Ekar. 

  • Payments: PayPal, Braintree, Stripe, e-Wallets
  • Database: MongoDB, MailChimp Integration, Cassandra, Postgres, HBase.
  • Real-time Analytics: BigData, Hadoop, Apple Flink, Spark, Cisco
  • Voice & Phone Verification: Nexmo and Twilio
  • Push Notifications: Twilio, Push.io
  • Cloud Environment: Google, Azure, AWS

 

  • Team Structure

If you have minimal requirements, choose a team structure consisting of 1 UI/UX designer, 2 QA Specialists, 1 Project Manager, and 2-3 Android and iOS developers. However, if the app requirements are more and you need a big team to handle everything from wireframing to support & maintenance, then the cost can go higher. 

Create an App like Ekar with Techugo!

To bring a dynamic shift to your business, a car rental app like Ekar can do many more wonders. 

Undoubtedly, with this, you can unlock many doors of opportunities and growth that lead you to achieve success at the highest pace. 

Besides, in 2025, we can expect a total sales of $110,894.2 million in the car rental market, bringing exceptional growth to this segment. Looking at this figure, it is the best time for your business to invest in a car rental app like Ekar. 

So, what are you waiting for?

Get the support of some top-notch developers who will help you make the most of this opportunity with a hassle-free and safe driving experience via an app like Ekar. Get in touch with Techugo, a leading app development company in Dubai, and streamline your business growth toward a positive outcome. 

FAQs

1.Can you lay down the dynamic features a car rental app should have?

Yes, why not!

Instead of integrating basic features, here are some more advanced and dynamic features that can make your app great amongst the competition. Such as: 

  • In-app calls
  • Panic button
  • Live location share

2. Why should a business go for a car rental app development?

Entrepreneurs operating car rental businesses can have multiple benefits while building an app like Ekar. Like: 

  • Increased transparency
  • Market reach
  • Enhanced revenue
  • Automatic rate calculation
  • Improved customer satisfaction
  • Customer retention
  • And many more 

3. How much does it cost to develop a car rental app like Ekar?

To know the cost to develop a car rental app like Ekar, you must understand various factors determining it, such as app complexities, features & functionalities, app development time, tech stack, and others. 

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