Leasing, renting or subscription in the same company
Renting Finders has just announced the purchase of Swipcar, a move that allows it not only to add subscription cars to its current leasing and renting offer, but also to become the leading operator in the sector in southern Europe.
Founded in 2019, Renting Finders offers a 100% digital experience that allows you to hire a new or second-hand rental vehicle in just 15 minutes.
Quick guide on renting cars: everything you need to know in 10 questions
Swipcar, for its part, is one of the pioneer subscription marketplaces in Spain. The company was acquired in 2021 by Cazoo, the leader in online car sales in the United Kingdom. This company was the one that promoted its IPO just a few weeks ago.
With the acquisition, Renting Finders is at the forefront of renting and leasing operators (in this link you can between both operations) with more than 10,000 active subscriptions. Flexible leasing contracts are also included in the balance sheet.
Trade closed in 15 minutes
Renting stands as one of the options most used by drivers to brand new car in recent months.
According to the Spanish Renting Association (AER), the weight of the sector in registrations in Spain has risen to 26.32%, and the number of cars in rent stands at 836,000, 8% more than in 2021.
In addition to the many advantages that this modality offers (among which the peace of mind of not having extra expenses and that everyone is covered by a monthly fee stands out), for some time this part has been joined by the long waiting lists that the crisis of the semiconductors.
With models that take up to a year to arrive, buying a rental car reduces the wait to a few days. “Renting Finders offers a 100% digital experience that allows hiring a new or used rental car in just 15 minutes and its subsequent home delivery to the client in a short period of time,” says Arturo Álvarez, CEO of the company.
