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Car subscription services make owning a car more accessible and offer distinctive benefits over traditional car ownership and leasing options, making it an appealing alternative that provides additional flexibility.
Car Subscriptions Services Vs. Traditional Car Ownership
Owning a car traditionally comes with a slew of responsibilities to stay on top of. These include worrying about monthly payments and maintenance, organising insurance and eventually having to go through the process of selling or trading in your car when it’s time for a new set of wheels.
Refreshingly, a car subscription service gives you all of the benefits of owning a car without as many of the hassles. When you subscribe to drive a car, you can enjoy a range of different vehicles and easily change between cars as your lifestyle and requirements change. Need an economic hatchback one month and a powerful off-roader the next? No problem!
Depending on the provider, a subscription model also means that insurance, maintenance and even roadside assistance could be covered in your monthly cost without the hassle of having to organise it for yourself. To top things off, you also don’t have to be tied to long-term contracts that weigh you down and you can quickly and easily end or modify your subscription according to your needs.
Although owning a car may work out to be more cost-effective in the long run, the array of other benefits makes it a viable option worth considering.
Is It Better Than Leasing?
Leasing a car requires you to commit to a longer-term contract than a subscription model and can come with mileage restrictions and penalties for wear and tear. Car subscriptions don’t require as much of a commitment and provide the extra flexibility when you need it.