Who is Otto car?

Otto Car: Your Partner in PCO Driving Success

29/03/2005

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Navigating the World of PCO Cars with Otto Car

Choosing the right vehicle for your private hire journey is a significant decision, and for many in London, Otto Car has become the trusted name to guide them. As London’s largest family of Uber drivers, Otto Car isn't just a car supplier; they position themselves as a partner in your success, helping over 20,000 individuals embark on their path to becoming their own boss. Their ethos is built on providing honest, clear advice, ensuring that every driver makes informed choices and enjoys a smooth operational experience, even when faced with the inevitable bumps in the road.

Who regulated Otto?
Otto is authorised and regulated by the Financial Conduct Authority (FCA) Registration number: 702499. ICO number: (ZA241967) Helping Uber Partners and PCO drivers succeed with our PCO car hire & Rent to Buy plans.

The Otto Car Philosophy: Respect and Empowerment

At the heart of Otto Car's operation lies a deep-seated belief in respect. They respect your choices, value your time, and importantly, they aim to put you in control of your career. This commitment translates into a supportive environment where drivers are empowered to manage their businesses effectively, with Otto Car providing the necessary backing to thrive. Their approach is about more than just providing a vehicle; it's about fostering a community and supporting aspirations.

Why Choose Otto Car for Your PCO Needs?

The appeal of Otto Car stems from their comprehensive approach to supporting PCO drivers. They understand that your vehicle is your livelihood, and their services are tailored to ensure its reliability and your peace of mind. Let's delve into the specifics of what makes Otto Car a popular choice:

Rent to Buy Schemes: Your Pathway to Ownership

Otto Car offers flexible 'Rent to Buy' schemes designed to help you gradually own your PCO vehicle. This model provides a clear and achievable route to becoming a car owner, removing the significant upfront investment often associated with purchasing a new car. The terms are structured to be manageable, allowing you to build equity in your vehicle as you drive it for work.

The AfterCare Scheme: Continued Support Beyond Rental

What truly sets Otto Car apart is their commitment to drivers even after the initial rental or Rent to Buy plan concludes. Their popular 'AfterCare' scheme is a testament to their 'family' ethos, ensuring you continue to receive support to keep your business running smoothly. This scheme offers two distinct packages, catering to different levels of support and needs:

Basic Package: Essential Cover for Peace of Mind

The Basic Package is designed to cover the fundamental necessities for a PCO driver. For a weekly cost starting from £62.75*, it includes:

  • Fleet insurance: Comprehensive insurance tailored for PCO operations.
  • Road tax: Ensuring your vehicle is legally compliant.

This package provides a solid foundation for drivers who may have their own arrangements for other aspects of vehicle maintenance or licensing.

Full Package: Comprehensive Protection for Hybrid & Electric Vehicles

For drivers opting for the more environmentally friendly and often more economical Hybrid and Electric PCO cars, the Full Package offers an enhanced level of coverage. Starting from £82.75* per week, this package includes everything in the Basic Package, plus:

  • MOT (2 x per year): Ensuring your vehicle meets stringent roadworthiness standards twice annually.
  • PHV licence (1 x per year): Covering the essential Private Hire Vehicle licensing requirements.
  • Breakdown cover: Providing assistance in case of unexpected vehicle failure, minimising downtime.

This all-encompassing package is ideal for drivers seeking maximum protection and minimal hassle, allowing them to focus entirely on their driving and earnings.

Why should you choose Otto Car for PCO drivers?
At Otto Car, we’re all about supporting our family of PCO drivers. The Otto Team offers two packages: from PCO insurance to PHV licencing. By choosing Otto Car, you can save yourself a small fortune in upfront fees and interest payments. Once you finish your Rent 2 Buy scheme, we can still help you keep moving with our popular AfterCare scheme.

Important Considerations for AfterCare Pricing

It's crucial for drivers to be aware of how accidents can affect their weekly payments under the AfterCare scheme. Otto Car has a transparent policy:

  • 1 Accident: An additional £10 per week.
  • 2 Accidents: An additional £20 per week.

This pricing structure incentivises safe driving and responsible vehicle use. Eligibility for the AfterCare scheme is not guaranteed and is subject to a review of your accident and payment history. Otto Car reserves the right to refuse this service, underscoring the importance of maintaining a good record.

Contacting Otto Car and Payment Schedules

Otto Car makes it straightforward to get in touch and understand their payment processes. For those interested in their services, emailing [email protected] is the direct route to get covered.

PCO Car Hire and Rental Payments Explained

Understanding the billing cycle is essential for managing your finances effectively. Otto Car clarifies their rental payment structure as follows:

Billing CommencementThe day after collection.
Payment CycleRental charges begin the day after you collect your vehicle.
ExampleIf you collect a vehicle on Monday, billing starts Tuesday. For a weekly payment of £250, you'll be charged £71.42 on Tuesday for two days' rent (Tuesday & Wednesday).

Weekly Account Payments

For ongoing weekly payments:

  • Payment Day: Every Thursday.
  • Payment Method: Payments are automatically deducted from your account. An invoice is also emailed for your records, with the option for manual payment if an automatic deduction fails.

Important Note: Always ensure sufficient funds are available in your account. The system will re-attempt payments daily if funds are insufficient. Promptly inform Otto Car of any changes to your billing information or payment method to prevent service disruptions.

Rent 2 Buy National, Rent 2 Buy +, and Rent 2 Buy + Burst Payment Schedules

These specific 'Rent to Buy' schemes have a slightly different initial billing commencement:

  • Billing Commencement: The first Thursday after collection.
  • Payment Day: Every Thursday.
  • Payment Method: Similar to the weekly accounts, payments are automatically deducted, with email invoices and manual payment options available.

Important Notes for Rent 2 Buy Schemes:

  • Sufficient Funds: Crucial to avoid failed payments and potential additional fees.
  • Automatic Retrying: Failed payments are automatically retried daily. Resolve issues promptly.
  • Account Updates: Keep your billing information and payment methods current to ensure uninterrupted service.
  • Payment Alerts: Consider setting up personal alerts to remind you of upcoming payment dates.

Driving Tips for Maximising Earnings

Otto Car doesn't just provide vehicles; they offer valuable advice to help drivers succeed. For instance, they highlight the opportunities during summer:

Driving in summer presents a prime opportunity for private hire drivers to significantly boost their earnings. While many may be winding down, the warmer weather often brings increased demand for taxi services. This season offers a wealth of opportunities to fill your schedule, from tourists exploring the city to locals attending events. By being prepared, optimising your working hours, and potentially offering enhanced services, drivers can make the most of this peak period and maximise their income.

Who is Otto car?
Otto Car grew to become London’s largest PCO car rental company. A third hub was also opened up in Dulwich The 5th driver hub was opened in Hendon. The new 20,000 sqft showroom welcomes new and existing drivers. We’ve now helped over 20,000 PCO drivers get on the road and earn since 2015. We opened a new hub in Shepherd’s Bush.

Who Regulates Otto Car?

While the provided text doesn't explicitly state which regulatory bodies oversee Otto Car's operations, it's understood that any company involved in providing vehicles for private hire, especially under schemes like 'Rent to Buy', would be subject to various consumer credit, transport, and business regulations within the UK. For specific details on their regulatory compliance, direct contact with Otto Car is recommended.

Frequently Asked Questions About Otto Car

Q1: What makes Otto Car different from other PCO car providers?
Otto Car differentiates itself through its 'family' approach, offering Rent to Buy schemes and a comprehensive AfterCare package that continues to support drivers even after their initial rental period. Their focus on honest advice and putting drivers in control also sets them apart.

Q2: Can I own the car I rent from Otto Car?
Yes, Otto Car's 'Rent to Buy' schemes are specifically designed to help you eventually own the vehicle you are renting, making it a more accessible path to car ownership.

Q3: What is included in the Otto Car AfterCare scheme?
The AfterCare scheme has a Basic Package (fleet insurance, road tax) and a Full Package (including MOT, PHV licence, and breakdown cover) for hybrid and electric vehicles. The specific inclusions depend on the package chosen.

How do I contact Ottocar?
For all matters regarding insurance, please contact [email protected] with your full name, car registration, and subject header ‘Insurance’. Support can be provided on matters such as uploading documentation to Uber and UberEATS documentation. Please email [email protected] with your full name, car registration, and subject header ‘PHV’.

Q4: How are payments handled by Otto Car?
Payments are typically handled through automatic direct debit on a weekly basis, usually every Thursday. Billing commences the day after vehicle collection, with specific timings for different rental plans.

Q5: What happens if my payment fails?
If a payment fails due to insufficient funds, Otto Car's system will automatically attempt to process the payment again each day until it is successful. It is important to ensure sufficient funds are available or to update your payment details promptly.

Q6: How can I contact Otto Car if I have a question or need support?
You can contact Otto Car by emailing [email protected] for inquiries about their services.

Conclusion: Your Partner for PCO Driving Success

Otto Car presents a compelling proposition for anyone looking to enter or advance in the PCO driving industry in London. Their commitment to providing reliable vehicles, flexible ownership options, and continuous support through their AfterCare scheme makes them a standout choice. By focusing on driver empowerment and offering clear, transparent processes, Otto Car truly aims to be more than just a car supplier – they strive to be a vital partner in your journey to becoming a successful, independent private hire professional.

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