If you’re on the lookout for a new car, there are lots of options to consider. Do you want to buy it, lease it, finance it but have you ever thought about subscribing to a new car?
Subscriptions aren’t a new service, but it does seem to be the new buzzword. Vehicle subscriptions allow you access to a wide range of makes and models, usually in-stock, and pay monthly on a flexible basis.
What is a Car Subscription?
A car subscription is similar to taking out a car lease deal. You pay one monthly payment that covers you for all of the motoring essentials:
- Road Tax
- Warranty (Where applicable)
- Optional Insurance
Subscriptions are more convenient and flexible than traditional car leases as you can usually hand them back or upgrade whenever you like (supplier dependent).
Here are 5 good reasons why you should think about choosing a vehicle subscription:
Cars are Generally In-Stock
With the global chip shortage causing havoc with supply issues and lead times, the majority of the car subscription companies on this website have vehicles in physical stock, allowing you to get behind some new wheels sooner than you think.
Don’t Commit, Subscribe!
Car subscriptions are ideal for those who fear commitment. 2 or 3 years can seem a long time, especially as things can change dramatically in personal lives or business which we have seen since Covid-19 hit the shores of the UK.
No large initial payments
With most of the car subscription providers only asking for your first month’s payment plus maybe a refundable deposit or a joining fee, you only have to put a small amount down when compared against traditional leases.
A car subscription is like a friend with benefits, you get access to the car but all the benefits of a maintained car lease with your warranty and services included within the price. Plus it’s a flexible arrangement so you could hand the car back with little or even no early termination fees.
Go miles and miles
Traditional leases when usually advertised offer 5,000 or even 8,000 miles per year. With the average annual mileage being 12,000 miles per annum, you may have to get a revised quote to meet your requirements. Subscriptions tend to have annual mileages starting at 8k, with the average across the providers on this site being 1,240 miles per month.
Compare Car Subscriptions
Easily compare the different car subscription providers in the UK using our website. Find the ones that offer a truly flexible contract or those who offer insurance. All of the companies on our site have been checked and vetted by ourselves, so hopefully, no nasty surprises.