Dumb idea
Dumb idea
Beware
Calculate their yearly maintenance fee which is every year, add up the total, and then do the final calculation. Watch carefully. here’s the catch.
Free
About
This platform allows users to co-own luxury and desired vehicles by paying a fraction of the total cost. It facilitates shared usage and cost splitting among a community, offering an alternative to traditional car ownership or rentals for occasional use.
✓Fractional car ownership
✓Co-own dream cars
✓Split cost and usage
✓Alternative to EMI/loans
✓Shared community access
✓Experiential car use
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What's New in Prorata
1.4.2
May 21, 2026
- Bug Fixes & Improvements.
User reviews
FAQ
How does Prorata work for co-owning a car?
Prorata enables you to co-own vehicles by paying a minimum of 8.33% of the total cost. You then split the usage and expenses with other users, making it a shared ownership model rather than a loan or EMI.
What types of cars can I co-own with Prorata?
The platform offers co-ownership opportunities for a range of vehicles, including popular models like the Mahindra Thar and Toyota Fortuner, as well as luxury options such as Mercedes and Porsche.
Is Prorata a car loan or EMI service?
No, Prorata is not an EMI, down payment, or loan service. It is a co-ownership platform where the cost and usage of the car are split among multiple users.
Who is Prorata intended for?
Prorata is designed for individuals who want to upgrade their lifestyle by co-owning a dream car for occasional and experiential use, sharing it with residents or colleagues.
How does Prorata compare to renting a car?
Co-owning through Prorata is presented as more beneficial than renting a car, offering a sense of ownership and consistent access to a desired vehicle for a fraction of the purchase price.
What devices does Prorata support?
Prorata is available on iOS devices, including iPhones and iPads, allowing users to manage their co-ownership on the go.
When was Prorata last updated?
The latest version of Prorata, 1.4.2, was last updated on May 21, 2026. This indicates a recent focus on development and improvements.
Does Prorata have ads?
No, Prorata does not contain advertisements, providing an uninterrupted user experience focused on car co-ownership.
