HyreCar and Sansone Jr.’s 66 Automall are collaborating to help consumers with soft credit histories who are looking to drive for programs such as Uber and Lyft.
On Tuesday, HyreCar, the carsharing marketplace for ridesharing, announced that it has launched a free credit repair program for new rideshare drivers in New Jersey and Pennsylvania in conjunction with Sansone Jr.’s 66 Automall, a dealer group in the region.
Officials explained this program is being offered as a continuation of HyreCar’s mission to improve the lives of rideshare drivers by giving them what the company described as “a true path to vehicle ownership.”
In addition to a path to vehicle ownership, rideshare drivers are also given an opportunity to rebuild their credit. This partnership is set to fuel vehicle supply growth on the platform in the regions where the program is offered, with plans to add upward of 100 vehicles by the end of 2018.
Paul Sansone Jr. owns Kia, Nissan and Mitsubishi franchises in Neptune, N.J., an independent dealership in Keyport, N.J., and recently acquired a Nissan dealership in East Windsor, N.J., to expand the “Rent 2 Own” program on HyreCar’s platform.
“Almost 10 years ago, I launched our own 'Rent 2 Own' program for people who needed a vehicle, but were also captured in a prolonged cycle of renting due to poor credit,” said Paul Sansone Jr., president of Sansone Jr.’s 66 Automall. “The emergence and rapid growth of the on-demand employment economy, provided by these ridesharing companies, combined with the innovative HyreCar platform will allow us to scale our 'Rent 2 Own' program tremendously.”
“I look forward to offering our ‘Rent 2 Own’ program along with free credit repair services to all new rideshare drivers in New York, New Jersey and Pennsylvania,” Sansone continued.
HyreCar asserted that it’s the first Mobility-as-a-Service platform to focus on the long-term needs of dealerships and rideshare drivers. By giving dealers the opportunity to expand innovative solutions to car ownership, such as the “Rent 2 Own” program, rideshare drivers can more easily access affordable vehicle options.
“This program is groundbreaking in that it shows one of the many ways a dealer can customize HyreCar’s technology platform to grow their existing business, while at the same time learning the Mobility-as-a-Service tools of tomorrow,” said Joe Furnari, chief executive officer of HyreCar.
“Further benefits include capturing higher fees, which increases our lifetime value of the customer, helping better the lives of our drivers through car ownership, and enabling dealers to sell more cars,” Furnari went on to say.
To sign up or learn more about the program, visit hyrecar.com/rto.