AutoPlus Launches Long-Term Rental Car Product for Used Cars

[Asia Economy Reporter Suyeon Woo] AutoPlus announced on the 19th that it has launched a 'Used Car Long-term Rental Car Product' that allows customers to use practical used cars with new car-level quality at the lowest price level in Korea, ranging from economy used cars to premium used cars.

The newly introduced used car long-term rental product is a non-face-to-face service based on an online store where customers can check vehicles, consult, and complete contracts all in one place. All procedures necessary for delivering the vehicle to the customer, such as vehicle transfer, merchandising, and registration, are completed in advance, enabling immediate delivery within one business day upon same-day contract and deposit payment.

In particular, this product boasts the highest level of benefits in Korea, allowing use by prepaying only one month's rent as a deposit without any down payment. Compared to other competitors, it minimizes customer burden, enabling rental vehicle use at a reasonable price. The rental contract period can be selected in units of 12, 18, or 24 months, and the monthly rent is applied based on an annual agreed mileage of 30,000 km.

Yang Kyung-deok, Executive Director of AutoPlus Platform Business Division, said, "We launched the used car long-term rental product based on the know-how of operating the non-face-to-face one-stop direct used car Re:BORN Car." He added, "We will continue to provide various transparent and reasonable non-face-to-face used car transaction services based on direct used cars that guarantee new car-level quality."

AutoPlus, which started anew in 2017 as part of the private equity fund VIG Partners, offers all automotive solutions including used car sales, on-site maintenance, rental cars, own car insurance, and automotive logistics, through its premium used car brand 'Re:BORN Car' that guarantees the best quality after completing merchandising work at Korea's largest and highest-level maintenance factory (ATC).

This content was produced with the assistance of AI translation services.