# Prorata: Co-Own Your Dream Car — Car Co-Ownership Platform

> Fractional car ownership platform for shared vehicle access and cost splitting. (iPhone/iPad app by PRORATA TECHNOLOGIES PRIVATE LIMITED.)

- Source: https://appshunter.io/ios/app/prorata-co-own-your-dream-car/id1636482621 (this page in markdown: same URL + `.md`)
- Developer: [PRORATA TECHNOLOGIES PRIVATE LIMITED](https://appshunter.io/developer/1636482623)
- Category: Business, Utilities
- Price: Free
- Rating: 1.50/5 from 2 App Store ratings · 2 written reviews indexed
- Age rating: 4+
- Requires: iOS 15.0 · 62 MB
- Languages: English
- Released: 2022-09-03
- Data updated: 2026-08-08
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/prorata-co-own-your-dream-car/id1636482621/reviews.md

## What is Prorata?

Want to co-own a Mahindra Thar for 1.5 lakhs? A Toyota Fortuner for 3.5 lakhs? A Mercedes for 7 lakhs? Or a Porsche for 15 lakhs? 

Introducing PRORATA! India’s first fractional car ownership platform is where you can co-own your dream car by paying as minimum as 8.33% of the total cost of the car. No! It’s not an EMI, down payment, or loan for the car. 

It’s a co-ownership platform where you split the cost and usage of the car with the residents/colleagues of your society/workspace and upgrade your lifestyle. It’s your 2nd car for occasional & experiential use. 

Download the Prorata app now to understand the full concept and learn how co-owning is more beneficial than renting a car.

You are one click away from living the life of your dreams.

## Key features

- Fractional car ownership
- Co-own dream cars
- Split cost and usage
- Alternative to EMI/loans
- Shared community access
- Experiential car use

## Recent user reviews (2 of 2)

All indexed reviews: https://appshunter.io/ios/app/prorata-co-own-your-dream-car/id1636482621/reviews.md

### 1/5 — Dumb idea

*2026-05-21*

Dumb idea

### 2/5 — Beware

*2025-09-08*

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.

## Frequently asked questions about Prorata

### 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.

## Version history (last 5 releases)

### 1.4.2 — 2026-05-21

- Bug Fixes & Improvements.

### 1.4.0 — 2025-03-18

- Enhanced Search.
- Now you can filter car by specific categories.
- Bug Fixes & Improvements.

### 1.3.11 — 2024-07-07

Bug Fixes.

### 1.3.10 — 2024-04-11

- Bug Fixes and Improvemenst

### 1.3.9 — 2024-03-22

- Bug Fixes

## Apps similar to Prorata

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| [RTA M-Wallet](https://appshunter.io/ios/app/rta-m-wallet/id1663477758) | 2.3 (9) | Free | Business |
| [MyKia (India)](https://appshunter.io/ios/app/mykia-india/id1606351604) | 2.0 (4) | Free | Business |

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-08.*
