The Brazilian company that offers car trips through an application, Uber, entered into a partnership so that its drivers can make a consortium of their vehicles, both to acquire new ones and to exchange them. In this way, the company is investing in its service providers.
In this way, drivers in the cities of São Paulo, Belo Horizonte and Rio de Janeiro will be the first to enjoy this novelty. The partnership was signed between Uber and the consortium company Bamaq. You can check the official page of the action clicking here.
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This new partnership ensures that drivers adapt the purchase of a new car to their reality, with the lowest management fee on the market, 9%. In addition, there is still a 3% fee for the reserve fund. Drivers can also choose to buy a new car or trade in their used one, using it as part of the bid.
Learn more about the partnership between Uber and Bamaq
In addition to the advantages for the purchase of a new vehicle by the application's drivers, it is still possible to enjoy other exclusive advantages and benefits. This partnership will ensure that the vehicle owner gets cashback for vehicle maintenance or fueling, for example.
Added to this, there is still the possibility for drivers to enjoy a grace period of 3 months in consortium payments, after the bid is contemplated. In this way, it is possible to plan to bear the new costs of the vehicle, such as registration and insurance.
According to Marco Cruz, director of New Business at Uber, the idea came after drivers presented their demands to the company. In this way, they managed to solve this problem by inserting this facility, with the purchase or exchange of vehicles.
What is a consortium and how does it work?
This payment modality works as a “self-financing”, in which a group of people – in this case, Uber drivers – come together to create a common fund, with monthly payments.
The idea, therefore, is that with this periodic payment, each member will be able to obtain the necessary amount for a letter of credit and, thus, acquire the desired good – the new vehicle.
Thus, after a certain period, people will be able to be contemplated with the final objective of the consortium: the purchase of the vehicle. The order is determined from what was agreed at the time of the contract by the group.
