Myles, self-drive car rentals from Carzonrent

Carzonrent (India) Pvt. Ltd., a car rental company, is set to expand its self-drive service, with the launch of a new brand, “Myles”. Designed on the lines of the US and European markets, anyone with a credit card, driving licence and address proof, will be able to avail of this service. The entire project will require the company to invest an estimated Rs. 400 crore, which the management plans to raise through internal accruals.

In September, Carzonrent introduced self-drive car rentals in Delhi, Mumbai and Bangalore. Customers could pay Rs. 800 and get a Mahindra e2o on rent for 24 hours. Buoyed by the favourable response it received, Carzonrent is launching Myles in 10 cities across the country namely Delhi, Mumbai, Bangalore, Goa, Jaipur, Hyderabad, Chennai, Chandigarh, Pune and Ahmedabad. The company plans to expand its operations to a total of 35 cities over 3 years.

At the moment, Carzonrent has 100 cars in its self-drive fleet. The company plans to expand it to 5000 cars, which will include Mahindra e2o, Maruti Swift, Maruti Ertiga, VW Polo, VW Vento, Toyota Etios, Nissan Sunny, Mahindra XUV5OO, Ford Endeavour and Toyota Fortuner. All the cars in the fleet will be comprehensively insured and have a valid rent-a-cab licence for self-drive. Additionally, each car will be equipped with a GPS device. Bookings can be done by accessing the Carzonrent website or over telephone (0888 222 2222).

Once its entire fleet of 5000 cars is commissioned, Carzonrent expects business of one lakh car days per month.

Rates for various cars that will be on offer are provided below:

• Mahindra e2o – Rs. 100 per hour
• Maruti Swift VDi – Rs. 1299 per day
• VW Polo – Rs. 1449 per day
• Toyota Etios GD – Rs. 1499 per day
• VW Vento – Rs. 1799 per day
• Maruti Ertiga – Rs. 1799 per day
• Nissan Sunny – Rs. 1899 per day
• Toyota Innova GX – Rs. 2199 per day
• Mahindra XUV5OO W6 – Rs. 2699 per day
• Ford Endeavour – Rs. 4499 per day
• Toyota Fortuner – Rs. 4999 per day

Click here to read our previous report on Carzonrent.