qr-play-store play store

Car Companies Started Offering Monthly Subscriptions for Drivers

13 May 2018
No comments
386 views
Car Companies Started Offering Monthly Subscriptions for Drivers

About a third of the 17 million cars expected to be sold in the U.S. this year are leased. The rest of them are purchased. However, there’s a new option for drivers coming in 2018 – car subscriptions. It is addressed to people that do not want to own a car but want to have access to a range of cars whenever they want.

 

 

So, by paying a monthly fee to access a variety of vehicles they can change up when they want. The flat fee starts from $400 and gets to as much as $3,700, depending on the company, and most often comes with insurance, maintenance, roadside assistance, pickup and drop-off. And in most cases, the subscription can be ended at any time. Today the vehicle subscription is in the 100,000 to 150,000 range, but it has a potential in the next 12 to 18 months to grow into millions.

 

 

More and more car makers start to offer subscriptions, like BMW and Mercedes, both announcing new car subscription pilot programs in Nashville earlier this year. There’s also Care by Volvo which launched nationwide in March for one of its compact vehicles. And there’s a list of others that are starting to adopt this program.

0 0
Comments:
No comments found
Leave a comment
  • Jaw-dropping deals this Spring at RepoKar
    27 Feb 2017

    Spring is right around the corner! With melting snow comes rising car sales. Longer days and brighter sunlight mean it’s the season to think about the best used cars for spring; vehicles that allow you to appreciate blue skies, while getting a head start to summer. The sooner you decide on your dream car, the greater the possibility of finding the best deals.  At RepoKar, we want to be sure that you've got everything you need to start the season fresh with a smile on your face. That’s why we’ve prepared amazing, hassle free used cars, trucks, and SUVs for our fr...

    0 2
    16
    1038288 views
  • General Motors to lay off 1,100 workers
    06 Mar 2017

    General Motors promised us other things but that’s how it all turned to be, even if it said it will invest $1 billion in U.S. factories now it announced to temporarily cut off 1,100 workers in May as its Lansing Delta Township assembly plant in Michigan shifts production to Tennessee. Last year it added 800 jobs at its spring hill, Tennessee plant to build the new version of GMC Acadia SUV.  The Lansing plant will continue building the Buick Enclave and Chevrolet Traverse after it retools for a month. GM also has announced other U.S. factory cuts. U.S. President Donald Trump ha...

    0 0
    19
    105544 views
  • Subaru Ascent: the New Family Vehicle of the Year
    11 Sep 2018

              Did you ever doubt that Subaru won't produce anything new this year and would just improve other models? We have good news for you! Subaru Ascent's new 8-seat crossover rises above the crowd and tops the lists of the most expected crossovers in 2019.          With flexible seating for up to eight passengers, standard Symmetrical All-Wheel Drive, and up to 5,000 pounds of towing capacity, the family-sized 2019 Ascent makes every day an adventure. The appearance of the model corresponds to the classic image of a massive SUV and ...

    0 0
  • Ready For Fall: Buy A Car From RepoKar Online Auto Auction
    29 Aug 2018

    Summer has officially come to an end. It won’t be long before the weather goes from post-summer comfort to a little brisker and icky. A good car will help traveling more comfortable and more fun. RepoKar can help you get the car.  At RepoKar, you’ll find great autumn car deals for sedans, SUVs, and pickup trucks. As the nation’s largest online auto auction, RepoKar is available in all states and can be accessed from your computer or your phone. Here you will find vehicles at competitive and affordable prices. You'll also meet our helpful team of experts. We make...

    0 0
Search on the blog
Find us on

Last added auctions

2012 Ford ESCAPE
725 views
19 photos
3,400.00
No bids
2012 Nissan MURANO
1705 views
13 photos
3,500.00
No bids
2000 Honda CR-V
1422 views
12 photos
1,200.00
No bids
2012 Mazda MAZDA3
1775 views
16 photos
2,500.00
No bids