Carasti Information

Carasti is an app where you can subscribe to a car and have the flexibility to switch when you like. The days of being locked into a long term loan, lease or overpriced rental are over. Coming to Dubai Autumn 2019! We live in a world where the sharing economy, on demand and subscription culture is taking over. We have seen this with music (Spotify), movies (Netflix), books (Scribd), hotels (AirBnB) etc. When it comes to cars, things have really not moved too much for the past 100 years however the difference today is that we have much more accessible transportation options and therefore cars, instead of being the symbol of ultimate freedom are seen as a depreciating burden. In fact, buying a car today means spending lots of money and time on many disjointed services such as insurance, roadside assistance, maintenance, tax & registration. Because of this by 2025 more than 50% of car owners today will not want to own a car (KPMG) & customers are demanding more flexible renting and leasing options as well as leveraging other more convenient access to mobility such as Uber (on demand ride hailing) and Lime (kick scooters). The reality is that customers are shifting towards an access and not ownership model therefore our value proposition is a flexible low barrier to entry for consumers to access a car and a way for dealerships, rental & leasing companies to substantially increase revenue and tap into the growing trend of the subscription model culture.