How does it work ?
We form a group of 4 - 12 residents in a residential society.
As per your usage, buy
1-3 tickets of the 12 tickets to partially own the car.
RESERVE the dates on the Prorata app to use the car.
[1 ticket = 8.33 % ownership of the car = 30 days usage per year]
Why Prorata ?
You co-own with a trusted community of users i.e. your co-residents.
The car is parked at your residential society for everyone's convenience.
It is a newly bought white plate car from the showroom.
You get 50%-60% of your investment back as we re-sell the car after 5 years.
investment. No loan! No EMI!
Prorata takes care of the service, maintenance & insurance of the car.
What is fractional car ownership?