Renting a Car on Zoom Amigo: A Comprehensive Guide for Earnings and Considerations

Are you considering renting or sharing your car on Zoom Amigo, but are unsure if it's worth the effort? In this guide, we will break down the earnings model, toll tax, car health, and important tips to ensure you make the most out of this car sharing program.

Earnings Model

Zoom Amigo offers a unique earning structure that rewards hosts for making their vehicles available, even if they are not continuously booked. Here are some key points to consider:

Right from the start, you earn money for each hour your vehicle is available, whether or not someone books it. In my experience, even if your car is booked for only a portion of the month, you can still earn a substantial amount. For instance, while my car was booked for only 3.5 days in a month, it earned me $960 per day. Over a period of 1 month, I have received a total of $19,848, with another $7,056 on the way. For the first 90 days, you earn 100% of the hourly earnings. After 90 days, your earnings are reduced to 60%, which is still quite generous. On weekends, you earn an additional 25%, making it a lucrative time to have your car available.

Toll Tax

One benefit of joining the Zoom Amigo program is that they install their own FastTag on the vehicle, eliminating the need for you to maintain a FastTag. However, it's advisable to remove your own FastTag to avoid any potential conflicts.

Car Health and Maintenance

When participating in the Zoom Amigo program, you should understand that you are earning money to provide your car to other users, and that there is no free service. Zoomcar covers a significant portion of the damage, as outlined in their policies. It is crucial to have an active insurance policy in place to protect your vehicle.

To ensure your car remains in good condition, you can use the earnings to maintain perishable items like brake shoes or clutches. For example, if you earn $20,000 over a year and spend $40,000 on maintenance, you will still be in a favorable financial position, as this still leaves you with a net profit of $200,000. This is a reasonable and potentially profitable arrangement, as it ensures your car stays in good shape without incurring unnecessary expenses.

Important Considerations

Completion of KYC: Ensure that you complete your KYC as soon as possible. There may be a need to share your documents multiple times. You can contact their helpline to check the status of your KYC and ensure it is completed promptly. Payments will remain on hold until your KYC is completed. Completing Booking Checklists: Always fill out the Start Booking Checklist and End Booking Checklist carefully. Inaccurate or incomplete checklists may result in the lessee's word being considered as truth, potentially impacting your compensation.

Extra Benefits

To further enhance your earnings, you can use the referral link provided below to receive an extra $10,000 in three installments of $3,333.33 each. This program is designed to significantly boost your earnings over time.

Use the referral code: "avijitzc8l1" when filling out the form on the Link: