inride Scores Big with DC-Area Users, Reports Exponential Post-Launch Growth

The DMV's first-of-its kind mobile app offers a monthly car subscription service with limitless make and model options to users, as well as concierge delivery and flexibility to get in 'fantasy cars'

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inride

Nov 14, 2018, 10:05 ET

SILVER SPRING, Md., Nov. 14, 2018 /PRNewswire/ -- inride, the Maryland-based automotive startup that is revolutionizing the car service industry across the DMV region, announces today that it has attained consistent, exponential growth following its recent launch, pioneered by auto dealer Alex Perdikis, who owns and operates multiple new vehicle franchises within Silver Spring, Maryland. inride now services the Greater Baltimore and Washington D.C. area.

Since announcing its innovative, monthly subscription-based approach as a flexible and fun alternative to traditional car ownership or leasing, inride's service is scoring big with users across the region. Users are turning to the inride app for the opportunity to be in their 'fantasy cars' as well as the opportunity to experience their 'practical' everyday primary vehicle in a new way.

inride reports an 18% average weekly increase in overall website traffic in the weeks since its launch, the inride app is:

Averaging over 1,890 new visitors per week and growing;
Experiencing over 11 new monthly sign ups
Demonstrating an increase of 20 users in cars, setting up inride to outpace its initial goal of 30 users in cars by the end of November.

While there is limited competition in the market to-date from the manufactures themselves who take a vertical approach, locking a user into a certain make or model, inride is disrupting the traditional automotive service model and differentiating itself with its horizontal approach. inride offers users no limit to the type of car, make or model they desire, with flexible options available at the tap of a button on its app and personalized delivery of their 'dream car' by its expert concierge team. The inride concierge team performs a comprehensive delivery of every vehicle, just like if its members were buying a new car. Users may also pause their account for a negotiable fee, if the subscription will be unutilized for a period of time. With included insurance, maintenance, cleaning, and unlimited flips, inride's service offering has continued to be attractive to those in the DMV.

inride's data from 30-days post-launch shows that its top 5 highest-utilized (demand and driven) vehicle models are the Range Rover Velar, Lincoln Navigator, Ford F-150, Tesla Model S, and the BMW 4-Series convertible.

"The initial reception that inride has received is very telling that consumers are looking for alternative car services, and that flexibility and the variety in inventory is key," said Alex Perdikis, Owner and Co-Founder of inride. "In speaking with other dealers and our technology partner, Clutch Technologies, inride is truly disrupting the norm and has seen the best start among competitive solutions and initial launches. We're working hard to continue to build out our selection, adding more subscribers to our service and become the number one alternative car service."

To gain a deeper understanding of all the unique benefits of inride, please check out this video on YouTube. For more information about inride and its exponential growth, please visit www.inride.com and to keep up with the latest news, follow inride on Instagram, Facebook, and Twitter.

About inride
Headquartered in Silver Spring, Maryland and pioneered by auto dealer, Alex Perdikis as part of his Silver Spring, Maryland auto group, inride is an innovative automotive startup company that is revolutionizing the car service industry as a monthly subscription alternative to owning or leasing operated on a platform provided by Clutch Technologies. For more information, please visit www.inride.com.

SOURCE inride