Car Subscription Services: The New Complete Guide for Everyone

If you're anything like me, the idea of car subscription services is downright appealing. A new Porsche every month? Yes please! But as it turns out, this service isn't just for luxury car lovers - it's perfect for anyone who wants to get behind the wheel of a different vehicle without any long-term commitment. ?

In this article, we'll explore everything you need to know about car subscription services so that you can make an informed decision about whether or not they're right for you.?

What is a Car Subscription Service??

Everything is a subscription service today.?

For what it's worth some fast-food companies are even moving in the direction of a subscription-based model like Taco Bell; in which for $10/mo you can get a free taco, once per day (Presumably they'd upsell you on drinks).?

But that's neither here nor there. When it comes to car subscription services they are similar to leases, with terms ranging from one to 24 months at a fixed monthly rate. Most subscriptions are booked online or through apps and the terms are generally quite flexible with penalty-free cancellations.?

To some, a car subscription service is a perfect solution to their problem of not wanting or needing car ownership. ?

The short-term nature and flexibility make it an attractive option for people who want protection with lower costs than traditional buying models without any long-term commitments!?

Read the Fine Print ?

Wow, another subscription model to add to my 11 others? Sign me up!?

...hold on a second there bucko! There are some drawbacks that car buyers are going to find in car subscription models. Here are just a few:?

• Exorbitant Fees: Car subscription services come with many things you need to pay attention to such as the monthly rate! You can find vehicles for as little as $249 a month, but luxury vehicles can go up to almost $2500. (There are also tons of other fees)?
• Car Handover Process: Documentation of a car will be ?? with subscription models - on both ends! During the handover period it's important that dealers are candid about the quality of the car, including photos and video of the car's condition; and it should be stressed that customers, while not having to worry about insurance, still need to treat the vehicle as their own. This isn't like the old days of renting a DVD or video game, scuffing it up by sneezing on it, and returning it good as new. ?
• Mileage: Also be sure to clearly define the included mileage. Companies like Hertz only allow you 2,000 monthly miles for their subscription service, but over at Enterprise you get 3,000. Let's reiterate here: Candidness + transparency = sales. ?

The cool thing about subscription services is that regardless of credit score, insurance policy, or even citizenship status (for anyone traveling abroad) you can still sign-up customers in any state that offers them. ?

At the end of the day car subscription services are only slightly more difficult than signing up for a Spotify account. This is going to open the flood gates to a whole new generation of car buyers if you get ahead of the game now!?

This is Who's Top of the Game?

Porsche?

Porsche. Damn, straight. Thanks to the Porsche Drive program you can access some of the most luxurious sports cars, most of which cost over $100,000, for a 30-day or 90-day period. Here are the rates on a few:?

• Macan:?From $1,580 per month?
• 718 Cayman:?From $1,800 per month?
• 718 Boxster:?From $1,950 per month?
• Cayenne:?From $1,950 per month?
• Panamera:?From $2,450 per month?
• 911:?From $2,600 per month??

Hertz?

Although they are notorious for running out of cars to rent when you already made a reservation and saying "what? We tried to call you..." Hertz My Car is a well-rounded, nationwide program that makes it the clear winner for our best overall car subscription service. ?

With nearly every brand and make available in one location from all over America you're sure to find what suits your needs without having an issue finding someone who can pick up their vehicle at no extra charge!?

• Tier 1:?$599 per month for economy, compact, and mid-size cars, such as Chevy Spark, Mazda3, and Ford Focus?
• Tier 2:?$999 per month for small trucks and SUVs and full-size sedans, like Volkswagen Tiguan, Toyota Tacoma, and Nissan Altima?
• Tier 3:?$1,399 per month for regular-sized SUVs, large trucks, and luxury sedans, including Jeep Grand Cherokee, Ford F-150, and Cadillac CTS?

Sixt?

Sixt car rental is offered in almost every major state and their subscription model Sixt+ prioritizes convenience above everything else. It only takes a few minutes to set up your subscription through their Android or IOS app, and you can usually pick up your car the next day.?

• Sedan:?$499 to $539 per month for Kia Rio, Hyundai Accent, Toyota Yaris, Volkswagen Jetta, Toyota Camry, and Kia Forte?
• SUV:?$569 to $729 per month for Toyota Rav4, Jeep Grand Cherokee, and GMC Arcadia?
• Premium sedan:?$729 to $979 for Mercedes-Benz C-Class, Cadillac CT5, Volvo XC60, and Mercedes-Benz A-Class?
• Multi-seater (7):?$719 per month for Chrysler Pacifica, Mercedes-Benz Metris, Dodge Grand Caravan?
• Premium SUV:?$849 to $1,159 for BMW X1, Cadillac XTV, Mercedes-Benz GLA, Volvo XC60, Range Rover Velar?

Takeaway?

There's a lot to consider when considering a car subscription service. But with a little research, you can find the perfect service and car for your needs and budget. ?

Over here at Leasly we have a car subscription model that's about to disrupt all the major players. We can't get too much into it now. But all we'll say is that subscription models are the future of car buying, and Leasly is all for it!?

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