Vehicle subscription models offer long-term monthly or weekly, all-inclusive rentals (often including insurance, maintenance and repairs). Vehicle subscription is a new kind of ‘car lease’, except it’s not a lease against a single vehicle, it’s a subscription – similar to a mobile phone service, with everything provided in one package for a single, monthly payment – and possibly for the use of multiple vehicles. The advantages for drivers are that they get all the benefits of car ownership (more accurate to say car “usership”) but without the hassle of having to find finance, insurance, breakdown cover and pay for servicing, repairs and a road fund licence, or be limited to one vehicle type – why not have a car for the working week, and a different vehicle for the weekend?
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