PiggyCars, a vehicle subscription platform operated by EZ FINTECH CORP, officially released their new website platform and mobile application this week. It aims to provide customers with flexible car rental services for 3 to 12 months at an affordable price. PiggyCars is determined to simplify the medium and long-term rental of vehicles through technology. Flexible lease terms allow customers to enjoy the convenience of returning the vehicle at any time without charging any fees, and no hidden costs.
Chen Jiang, founder and chairman of PiggyCars, expanded on the enterprise’s goal: "A traditional short-term car rental, once the lease period exceeds one month, can be very expensive. And a traditional 36 month lease can have a low monthly payment but can scare off some people wary of such a long commitment. We provide solutions for customers looking to rent between 3 to 12 months. With our platform, it’s now easier than ever to choose your car online, choose your location and get immediate service."
PiggyCars released their three-year target in a case of seeking investors before the A round of the startup. This includes 2,000 subscriptions, a third-year revenue of $ 18,724,000, and a gross profit of $ 5,202,000. In addition, the platform also released its profit analysis report and related details, listing all the costs and benefits of the operating company.
"We provide our customers with affordable prices and flexible terms. We use fast service and the ability to change vehicles at any time. This is a new rental experience and will become a new business model."
Today, travelers, international students, relatives, seekers of medical services, immigration, logistics companies, and travel companies are all pursuing PiggyCars. Vehicle rental options include: trucks, minivans, sports cars, luxury cars, SUVs, eco-powered cars, trucks and commercial freight vehicles.