Prorata

Prorata is India’s first fractional car ownership platform. Now, you can co-own your dream car by paying as minimum as 8.33% of the total cost of the car for your leisure and lifestyle purpose. No! It’s a no loan, no EMI, no down payment & no rent policy. With 1 car, 12 tickets are sold and 1 ticket is 8.33% of the total cost of the car, and it gives you 30 days of usage per year for 5 years. After 5 years, the car is sold to the highest bidder and all the co-owners get the re-sale value back according to their percentage of ownership in the car. Based on your usage, you can buy up to 3 tickets for the car and it will give you more usage which is 60 days or 90 days. Accordingly, we form a group of 4-12 people in a locality (10-20km radius) interested in co-owning the same car. Afterward, all the co-owners use our app to reserve dates whenever they need the car and we provide doorstep pickup and drop service. P.S.- This model doesn’t serve your daily commute needs. It’s only for your occasional and experiential usage. Please download our app or visit our website to understand the entire model.