Rent2Buy Acquires HiGear
| February 28, 2012 | Posted by Sandie under Uncategorized |
Rent2Buy recently acquired HiGear, a San Francisco-based, private car-sharing club for luxury and sports autos. Collaborative consumption is growing rapidly, and we believe the combination of HiGear and Rent2Buy will create a unique platform successfully serving all areas of car sharing and buying. Take a look at the Rent2Buy site to view the additional inventory just added in the San Francisco and Los Angeles markets, and try out the new platform for yourself!
Rent2Buy’s new car-sharing platform goes beyond sharing by facilitating the purchase of the cars that consumers share or rent through the program. This allows you to truly “get to know” a car before you buy and obtain a great price on the vehicle. For individual car owners and dealers, Rent2Buy helps generate rental or sharing income on cars that are waiting to be sold, including hundreds of cars often found sitting on deal lots.
The addition of HiGear will make our service much more valuable, adding a large group of loyal customers and high end inventory. Given the 35 years combined experience of Rent2Buy founders Moti Kahana and Todd Daum, Rent2Buy is clearly positioned to resolve the complexity around peer-to-peer car sharing and make this a valuable, mainstream service.
Starting today, HiGear members will once again be able to use the high end car sharing service as before, following a pause of the service late last year to ensure appropriate consumer protection tools were in place. Rent2Buy will be implementing a new set of best in class procedures to make car sharing easier and more accessible to the average consumer.
So what does Rent2Buy’s acquisition of HiGear mean for you? A bigger and better site with more opportunities to share, rent, and buy the cars you love!
To read more about Rent2Buy’s acquisition, check out the following articles in: TechCrunch or the Auto Rental News
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