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Guide to Car Subscription Services, an Alternative to Buying or Leasing

by Samantha O'reilly February 17, 2020February 17, 2020
written by Samantha O'reilly February 17, 2020February 17, 2020
Guide to Car Subscription Services, an Alternative to Buying or Leasing

Gone are the days, when you were only bound to buying and leasing when it came to getting a new property or vehicle. However, now things have developed to an extent that you can now enjoy unlimited benefits of car subscription services such as carbar. For some, the concept of car subscriptions is fairly new and interesting. Not sure how the deal exactly works? No worries! We are here to tell you everything about a car subscription service and how it is designed to make your life so much more convenient.

Just like any other subscription service, you can register for it whenever you like and cancel when you think you don’t need the service anymore. By signing up for a car subscription, you get monthly access to a vehicle of your choice. There are certain car manufacturers offering it and many people avail the service. This saves you quite a lot, after all, we all know how buying a new car can put a dent in your wallet. You get access to different models by the manufacturer. However, keep in mind, in such a service you have no rights of the ownership of the vehicle.

The service is ideal for those planning to stay in the country for a short while and where getting a good deal on buying a new car is more expensive than going for the monthly payment system. The fact that you can exit the subscription anytime is itself very attractive for those who have no fixed plans for their future.

The subscription fee includes all of the following:

  • Insurance Cost
  • Maintenance
  • Roadside Assistance

The service also saves you from the hassle of finding, buying, and paperwork of the new car you wish to get under your name. The conventional process of buying and selling a car is, no doubt, a daunting task. Many worldwide renowned car manufacturers support the idea of car subscription services where you can choose to change the model of the car whenever you like. Volvo, Cadillac, and BMW are among those companies offerings such as attractive services.  For example, BMW launched its program in 2018 in Nashville and the subscription plan is divided into three categories where each has a different fee. The service gives access to luxury cars by the company without having to pay the full price.

 There is absolutely no doubt about the fact that such services come to the rescue for those trying to save without compromising on the quality of their life. Moreover, it has also enabled people to enjoy the true essence of their favourite vehicles without breaking banks. However, since you are kind of renting the car, the companies have a set of terms and conditions that you are to follow strictly. In such services, you generally do not have the liberty to use the car the way you use your own car. Every company has instructions for you to follow.

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