4 Ways to Maximise your Income when you rent a Private Hire Vehicle (PHV)

Are you currently renting or looking to rent a car for private hire? Wondering how to maximise your income while on the road? In this article, we outline four simple tips and tricks to help you earn more with Grab.

1. Take advantage of fuel Discounts

With many private hire drivers spending up to 12 hours on the road per day, accompanied with rising fuel prices, fuel cost is a major concern for many drivers. 

There are no hard and fast rules when it comes to determining which car model is the best for you. Depending on your personal preference and needs, you may choose to go with either a petrol, hybrid or electric vehicle.

For drivers who prefer hybrid or petrol cars, hirer-partners who rent from GrabRentals can enjoy a 29% upfront fuel discount at Caltex stations islandwide! GrabRentals offers one of the biggest fuel discounts, and you can even get an additional 2% discount (bringing your fuel discount up to 31%) if you opt in for GRBeyond

2. Switch to a more fuel-efficient car

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Hybrids are more fuel-efficient, due to the combination of an internal combustion engine with an electric motor. This means that hybrid cars require less petrol to cover longer distances, allowing you to save on petrol costs in the long term. Popular GrabRentals hybrid cars include Honda Vezel, Toyota Prius, Toyota Prius Plus, and Toyota Sienta. 

You may also consider Electric Vehicles (EV)s, which are cost-effective in the long run. A popular EV model includes the Hyundai Kona, which you can rent from GrabRentals. Do also make sure to take EV charging locations and charging time into consideration, ensuring that there’s an EV charging station that is easily accessible to you. 

For more information on which car model best suits your needs, do check out our article “Should I drive a Petrol, Hybrid or Electric car for Grab

3. Save on insurance excess with Collision Damage Waiver (CDW)

Accidents are costly, even with excess coverage. Enter Collision Damage Waiver (CDW) which is an added protection scheme provided by GrabRentals that can help reduce accident excess by 93%! Available at three different price points to suit your needs, you can pay as low as just $5.45/day

Remember: if you rent a car, you are responsible for any damages sustained during your contract duration, including scratches, damage to the bumpers or headlights, and more. Body repairs can even cost up to $3,000! Rent with peace of mind and pay from only $0.91/day to have potential car damages covered under GrabRental’s Vehicle Damage Protection Scheme

4. Consider using your vehicle for other services (GrabFamily)

 

You may also wish to opt in for GrabFamily, a range of transport services catered for passengers commuting with kids below 1.35m tall for a safer and more convenient experience. Maximise your earnings with GrabFamily, where you will be trained to install child restraints and earn more with every ride! Get equipped today to not miss out on jobs this Chinese New Year!

For more information, visit the GrabFamily website.

Book your car with us now!

Rent your car from GrabRentals now! We’re the largest private-hire car rental fleet in Singapore. Whether you are interested in petrol, hybrid or electric cars, we have a wide-ranging vehicle fleet available for you. 

For new hirer-partners, you may visit our website here to book your car online. Existing hirer-partners may recontract online here. If you would like to find out more or speak to our customer helpdesk, you can also book an appointment at our Grab Drivers Centre or chat with us on our Facebook page.

*All pricing stated are inclusive of prevailing GST.

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Komsan Chiyadis

GrabFood delivery-partner, Thailand

Komsan Chiyadis

GrabFood delivery-partner, Thailand

COVID-19 has dealt an unprecedented blow to the tourism industry, affecting the livelihoods of millions of workers. One of them was Komsan, an assistant chef in a luxury hotel based in the Srinakarin area.

As the number of tourists at the hotel plunged, he decided to sign up as a GrabFood delivery-partner to earn an alternative income. Soon after, the hotel ceased operations.

Komsan has viewed this change through an optimistic lens, calling it the perfect opportunity for him to embark on a fresh journey after his previous job. Aside from GrabFood deliveries, he now also picks up GrabExpress jobs. It can get tiring, having to shuttle between different locations, but Komsan finds it exciting. And mostly, he’s glad to get his income back on track.