As car subscriptions are growing in popularity and can offer a host of benefits to drivers from all walks of life, it won’t be difficult to come across a host of negative reviews and even myths that may put you off when considering your options. The good news is that despite the fact that all new players entering well-established markets will face some level of cautious sentiment, car subscriptions are proving their value as time goes on. We thought it would be a good idea to debunk the most frequent myths, so you know which ones to ignore.
The top 2 car subscription myths
This is a common misconception within the niche, and while the two services are similar, there are some major differences that make subscriptions the better choice for many drivers. For example, a lease will function on a set contract that allows drivers to rent a vehicle for one to three years with little flexibility, but a subscription can be started for as little as a month, often updated mid-term, and can be continued for longer or switched for convenience. All-inclusive car subscriptions can often work out cheaper too, as all of the typical fees involved with vehicle rental will be covered under one monthly sum. Another attractive difference is the fact that those using a subscription service will be able to change vehicles and either upgrade or downgrade as they wish, with little fuss and no extra charges.
This is a particularly relevant myth, as it’s no secret that car ownership was once considered to be the epitome of freedom and flexibility when driving. The reality is that in the modern age, many people simply don’t have the funds to buy a car outright (or have access to the brands and models they’d like if they do) and fewer and fewer are willing to get into significant debt with the added stress of paying insurance and even the potential for covering costly repairs on top. Not only is this leading more and more people to consider car subscriptions in terms of affordability, but the benefits on offer are also attracting those who are looking for more flexible temporary solutions for travel and those who want to test out vehicles before they commit to purchasing (which is becoming increasingly more prevalent with the inception of electric cars) as just two examples.
Is a car subscription really worth it?
If you are looking for an affordable solution to car ownership that is less restrictive than leasing, a car subscription could be the best solution. The costs will be clearly laid out and come in one set monthly fee. You will have access to cars of all calibers (from standard models to luxury cars), as well as the ability to change vehicles whenever you want, the peace of mind that comes with knowing you won’t be responsible for maintenance fees, and much, much more. What’s more, setting up your subscription couldn’t be simpler, and you could be on the road in the car you really want to drive in just a few days (or sooner).