As a car owner on Amovens, setting the right price for your rental car is crucial for maximizing your bookings and earnings. Here is a comprehensive guide to help you understand how pricing works on Amovens, including how to set your daily rate, the benefits of period discounts, and the details regarding service fees.
Daily base price
Your daily base price represents an off-peak one-day booking, excluding renter service fees.
How to choose a competitive price
When you list your car on Amovens we will assign it with a daily base price based on the model, age, location and numerous other factors.
- Stay within our recommended price range: We benchmark your car against thousands of other on Amovens to suggest a price that will result in the highest earnings. So we suggest you follow our guidance on your pricing page.
Your price changes based on demand
The daily price of your car is adjusted automatically in response to demand fluctuations in the market. We take into account, weekdays, weekends, holidays and seasons. This ensures your car is attractively priced to maximise your earning potential.
How you benefit
- Increased bookings: By lowering prices when demand is weak, your car becomes more attractive to potential renters, increasing the likelihood of bookings.
- Higher earnings: Conversely, by increasing prices during periods of high demand, you maximise your revenue potential per rental.
- Market responsiveness: This pricing strategy keeps you competitive without the need for constant manual adjustments, adapting to market conditions in real time.
How to see it in action
- Your calendar: Head to your calendar to see how your daily price changes, and adjust the price of any specific day if you need to.
Longer rentals are discounted
To keep your car competitive renters automatically receive discounts on multi-day bookings based on their length. All cars on Amovens are subject to this discount, and it cannot be changed or turned off.
How it works
- Consecutive days: A discount is applied to bookings that span more than one consecutive day.
- Varying discounts: The size of the discount varies depending on the length of the booking and the time of year. For example during peak times the discount might be less significant and conversely during less busy periods a larger discount might be applied to keep your car competitive.
- Easy to preview: You can easily preview how these discounts affect the price of a booking on your car profile. Head to Your car and select View profile to simulate a booking and see the affect this discount has on your booking price.
- You’re in control: Navigate to Your car and select Booking settings, here you’ll have full control over how long your car can be rented for.
Service fees
Amovens automatically deducts a service fee from each booking. This fee covers the costs of insurance, maintenance of our app and website, and our customer service team.
- No hidden fees: There are no setup fees or ongoing subscriptions for owners. Owners pay a fee only when they rent out their car.