Lease out your Vehicle
Make extra money leasing out your vehicle to verified drivers. Going on a week-long trip? While you're away, list your car and earn extra money.
Learn more
How do i start?
To get started as a Host on mygarage africa, please create an account.
Access to verified drivers
Typically, a Nigerian who wishes to enter the commercial transportation vehicle leasing business would rely on the recommendations of close friends and acquaintances. Most of the time, these vehicles are given out only on the basis of trust.
Mygarage africa collects information about these drivers and documents to back up their claims using a sophisticated system. As a result, you won't have to worry about leasing your vehicle to a "Total Stranger."
Telemetry Report
A telemetry device—designed by Envio, leased to car owners, and installed by partner tracking companies, is fixed in the cars to generate data on the maintenance and roadworthiness of the vehicles while in use. Periodically, owners get automated reports on the inspections from support partners via a mobile application.
MYGARAGE FEATURES
| FEATURES | HIRE PURCHASE | SHORT RENTAL |
|---|---|---|
| 15% OF REMITTANCE | 15% OF REMITTANCE | |
| GPS Security Sensor | ||
| Telemetry Reports | ||
| Drivetrain Metric | ||
| Flexible Credit Support (Quick cash) | ||
| Comprehensive car Insurance (BNPL) | ||
| Fuel Cost Analysis | ||
| Motor card (virtual credit card) | ||
| Fix & manage | ||
| Vehicle theft recovery | ||
| Access to verified drivers | ||
| Guaranteed rental payment | ||
| TOTAL FOR ACTIVATION | ₦10,000 + VAT | ₦10,000 + VAT |
Note!₦10,000 Activation Fee applies
Guaranteed rental payment
Our proprietary billing software enables us to provide the essential financial and technical support services to ensure that drivers leasing vehicles through our platform do not default on their rental payments. If they fail to make their rental payments, the billing software immobilizes the vehicle's engine and notifies the Host of a potential vehicle recovery.
Monthly maintenance
We've connected with maintenance workshops across the country, each offering cheaper pricing and inspection services to determine maintenance ratings.
Qualify each vehicle for your BNPL wallet with good credit ratings.
Quick cash wallet
We recognize that cash limits might be a stumbling block to meeting daily income targets, which is why we created the Quick Cash wallet. Our drivers and self-drive hosts can use this wallet to get cash quickly to fill up their gas tanks or take care of a minor vehicle repair.
Buy now pay later (BNPL) wallet
Our hosts can use their BNPL wallet to shop or pay for vital services while paying back at a lower interest rate later. The worth of your BNPL wallet is decided by 20% of the value of your vehicle, which is updated based on the vehicle's continuous maintenance grade.
Theft & recovery
Our collaboration with law enforcement authorities enables for a quick recovery in the event of theft reported by the driver or Host.
Fix & manage
The fix & manage program is intended to help prospective Host refurbish their vehicles before listing them for lease to qualified drivers, with the cost of repairs deducted from the weekly lease fees.
Download documents
As a host you are required to download Mygarage Terms of service, Hire purchase agreement, Rental agreement sign and upload on mygarage platform.