But we do. All you have to do is choose the one you like. This includes contact and bank details, vehicle specifics and supporting documentation (copy of ID and driver's licence, 3 latest payslips and 3 months' bank statement) . Planet42 is democratising access to mobility by offering car subscription for people unfairly ignored Planet42 You can buy the car from us outright at any point the buy-out price decreases every month. This brings Planet42's total funding to $150.2M to date. Thank you for submitting your application! Seed, Series A, Private Equity), Alternate or previous names for the organization, Whether an Organization is for profit or non-profit, General contact email for the organization. Planet42 does not sell cars, they provide a rent-to-buy solution for a vehicle which is purchased from a dealer on your behalf. South Africa is playing catch-up, and there is still a lot of confusion about what exactly a car subscription entails. If you would like to customise your choices, click 'Manage privacy settings'. Planet42 is backed byNaspers Foundry, Naspers, ARS Holdings, Lendable, Rivonia Road Capital, Change Ventures, Startup Wise Guys, Martin Villig (Bolt), Ragnar Sass (Pipedrive), and others. Wrote the vehicle off revently. Car subscriptions first began as an extension of luxury dealerships trying to hold on to customers, and from there branched out to an app-based model that was supported by a group of new tech startups. Become our dealer and join us on our mission. And with its algorithms, customers can find out what budget suits them and choose new or pre-owned cars from Planet42s dealership network. Planet42. To view Planet42s complete valuation and funding history, request access, To view Planet42s complete executive team members history, request access, To view Planet42s complete board members history, request access, Youre viewing 5 of 12 investors. Determining the Best Car for Your Budget, Customer care contact hours : Monday Friday 09:00 17:30. You have the option to buy out the car at any time for the buy-out price, which decreases every month. If youre looking to get behind the wheel quickly, check them out today! How Planet42 works differently than most car subscriptions. Meanwhile you can start looking for your new car. 2023 PitchBook. PAIA policy; Corporate About us and contact; List of Dealers; Press Have the freedom of driving a car with Planet42 rent-to-buy car subscription Apply for a car Rent to Buy Application Get a preliminary decision in less than 60 seconds! The 3 most popular patent topics include: Wind turbine manufacturers, Wind turbines, Geotechnical engineering, Wind power, Offshore engineering, LOS ANGELES--(BUSINESS WIRE)--Rivonia Road Capital Provides $75M to Naspers-Backed Global Car Subscription Fintech Planet42. Show Check dealership list by province LoadingLoadingLoading Loading Loading loading.loading.loading LoadingLoadingLoading Loading Loading loading.loading.loading LoadingLoadingLoading Loading Loading "Now in our 46th year, the 2023 Chili Cook Off, Craft Brew Festival & Classic Car Show is poised to be our 'BEST EVER' with authentic craft breweries International Chili Society-sanctioned event. We have partnered with more than 700 dealerships in South Africa. "The BEST Car Show in Ventura County with classic to unique to cars from movies! . Car subscriptions started in 2010, when a car dealership in Hawaii started offering a service that allowed customers to pay a monthly fee in exchange for a high degree of flexibility and support in driving a personal vehicle. $1,250,000 Last Sold Price. Win whats next. The applicant confirms that the information supplied is correct. Gauteng, NA - South Africa, South Africa. No credit card required. free lookups / month. FlexClub has developed an online platform for owners to rent their vehicles to Uber Driver-partners. It analyses the customers validation documents, such as identifications (IDs), payslips, and bank statements, before purchasing the car from the dealership and renting it to the customer. Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $100 million in equity and debt from a wide . The company was founded in 2017 and is based in Johannesburg, South Africa. Also, the company has delivered 250 cars to customers Mexico last year. Unfortunately, your application was declined.We know circumstances continually change, so you are welcome to apply again in 2 months! #2. The deposit for a car subscription is usually much more affordable. 1,700 Sq. I am really impressed! Planet42 is a vehicle rental company offering rent-to-buy services for its clients. See the exclusive by @business bloomberg.com Naspers Backs Rent-to-Buy a Car Firm in $100 Million Deal Unfortunately, your application was declined. You can read more about your cookie choices at our privacy policyhere. Planet42 has 12 employees. . You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. Is there a limit to the amount that I can drive? Planet42's headquarters is located at Johannesburg. A flat-fee, monthly payment could cover everything from insurance to maintenance to warranty with the added bonus of being able to swap the car with relative ease. Is insurance and maintenance included in the subscription? Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $30 million in equity and debt. The company leverages technology to mitigate risk and promote financial inclusion by buying second-hand cars from a network of motor dealers and providing them to customers on a subscription basis, without the need to physically see the car. Planet42 has 12 employees. It aims to serve customers across the African market. Planet42 is a Financial Services company and has headquarters in South Africa. May 26, 2021. The company is headquartered in Johannesburg, South Africa, with offices inTallinn, Estonia and Mexico City. "Now in our . Car Dealers | Rent to Own Cars | Planet42 Car Dealers We have signed up over 700 car dealers across the country, find out the closest to you. Planet42 claimed to have distributed more than 7,000 cars to customers in South Africa. The applicant hereby gives consent to Planet42 to make enquiries about his/her credit record, obtain whatever information on him/her that may be required to process this application. Thank you for submitting your application!Your unique data is being processed, please wait. Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces. Car subscriptions globally have been targeted at the wealthy and the young, who have no desire to visit a car dealership or hassle with insurance and registration. Rent-to-buy car subscription is an emerging model that gained popularity only recently, but has already proven to be extremely successful in countries like Germany, the UK and the US. Get contact details including emails and phone numbers The company uses an automated scoring algorithm to process client applications based on the credit bureau, affordability, and alternative data. Contact Information Website www.planet42.com Formerly Known As CarGet Ownership Status Privately Held (backing) Financing Status Venture Capital-Backed Primary Industry Automotive Other Industries Media and Information Services (B2B) Primary Office Post Office Box 26403 Monument Park Pretoria, Gauteng 0105 South Africa Planet42 Timeline Even though the founders are originally from Estonia, Planet42 is very much a South African business. It orchestrates multi-modal trip planning, payment, and fulfillment with one seamless experience. The South African Automotive Industry: Which Car is Made in South Africa? Planet42 has bought cars for more than 3000 South Africans so far. Planet42 Funding, Investor and Contact Details. First name Last name ID number Phone number Phone number e.g. It has purchased 10 000 cars since its . Its that simple. What are the activation fees or deposits involved? (business & personal). A more fundamental issue is that if you do any significant mileage, then the renting model becomes much more expensive than a car subscription. Planet42 analyses the customer's validation documents, such as IDs, payslips, and bank statements before purchasing the car from the dealership and renting it to the customer. "This funding is further proof that we . This means that tens of thousands of vehicles are available for financing through Planet42. Get data-driven expert analysis from the CB Insights Intelligence Unit. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. site you are consenting to these choices. SOLD APR 12, 2023. Service was friendly! Planet42 is democratising mobility by enabling people unfairly ignored by banks to get access to a personal vehicle with its socially inclusive car subscription. Planet42 is democratising mobility by enabling people ignored by banks to get access to a personal vehicle through car subscription service. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Find out more about what drives us to democratise mobility. Car subscription models have various allowances when it comes to vehicle usage, with some subscriptions such as Planet42 even granting unlimited usage in their terms. SOLD MAR 7, 2023. If you have been turned down for vehicle finance and are looking to improve your mobility by getting your own car, you can apply on the Planet42 website right now. 0821234678 Email address Monthly income . "100% of our PROFITS go to benefit local charities that are providing services to our Conejo Valley community. From Rotary Club of Thousand Oaks: "This year the event is May 7th, 2023 from 12-5pm with the VIP Hour from 11am to 12pm. This means that the customer is not liable to pay the shortfall in the cars realisation value, which the bank would charge to the customer when the bank sells off a car that has been returned to them. The investment which co-founder and CEO Eerik Oja called a bridge round is a prequel to a larger Series A round next year. Renting is a great choice for the short term if you need a car for a couple of days or weeks. Autochek is an online marketplace for car sales. Location. Please refer to the link to obtain further information on our privacy policy. Breast Ultrasound Screening Coming Direct to You! Planet42: Contact Details and Business Profile Company Information Email Format Management Planet42 Information Provider of rent-to-buy automotive services intended to provide long-term vehicles at rent without paying the full financing cost. Planet42 Car Rental TrustIndex: 5.7/10verified business this is a verified business TRUSTINDEX RATING 5.7 OUT OF 10 INDUSTRY RANKING Not enough reviews to calculate NET PROMOTER SCORE 8 TRUSTINDEX RATING 5.7 OUT OF 10 INDUSTRY RANKING Not enough reviews to calculate NET PROMOTER SCORE 8 Reviews Company details Turbi is a car-sharing platform. Most of our employees are South African. It [] Dec 21, 2021 techcrunch.com Investors of Planet42 include Rivonia Road Capital, Naspers, ARS Holdings, Martin Villig, Change Ventures and 8 more. My approval was fast and payments affordable. The Planet42 team is passionate about democratizing mobility in South Africa. Up until this point, most car subscriptions have focused on offering upper-tier vehicles to people with very high credit scores, and they charge a premium for the added flexibility and luxury features such as being able to swap cars on a regular basis. Planet42 has purchased over 5,000 vehicles in the African country in the last 12 months. Once you do that we'll get back to you within 24 hours with our final decision. Car subscriptions are more flexible. We've delivered more than 15,000 cars to customers in South Africa who would not have a car without us. Customers could, through this subscription service, drive a sports car for a few months and then switch to a minivan for travel with the family for another few months. Gauteng, NA - South Africa, South Africa 51-100 Debt Financing Private planet42.com 4,667 Highlights Total Funding Amount $150.4M Contacts 8 Employee Profiles 4 Investors 11 Similar Companies 9 Seed ARS Holdings Find More Contacts for Planet42 Grant Wing COO Thank you for submitting your application!Your unique data is being processed, please wait. 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