Another example of the shift from purchasing to subscription:
https://www.volvocars.com/us/cars/new-models/xc40/care-by-volvo
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"Own" a car by subscription
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"Own" a car by subscriptionAnother example of the shift from purchasing to subscription:
https://www.volvocars.com/us/cars/new-models/xc40/care-by-volvo
Re: "Own" a car by subscriptionAm I slow or is this the same thing as a lease... but with a cool new updated word....
Sidd "Life moves pretty fast. If you don't stop and look around once in a while, you could miss it." ..... Ferris Bueller
Re: "Own" a car by subscriptionI agree with Sidd how is this “owning” a car?
Be yourself; everyone else is taken.
Asus X570-E motherboard; AMD Ryzen 9 3900X 3.8 GHz; 64GB DDR4; GeForce RTX 2060 6GB; 1TB Samsung 970 Pro M.2 SSD
Re:
That's why it's in quotes.
from here: https://www.autoblog.com/2017/11/30/vol ... e-leasing/
Re: "Own" a car by subscriptionVolvo's subscription is probably the most lease like offer around. Even their web site refers to the subscriber as "lessee" (see note at bottom of their web page). Other subscription services are quite different. Here is an article from Edmonds that may help and another from U.S. News and World Report.
Re: Re:
Yes, you did, but the article just calls it the new way to own a car. Be yourself; everyone else is taken.
Asus X570-E motherboard; AMD Ryzen 9 3900X 3.8 GHz; 64GB DDR4; GeForce RTX 2060 6GB; 1TB Samsung 970 Pro M.2 SSD
Re: "Own" a car by subscriptionDoesn't work for someone like me that keeps their cars for 10 years or more.
At $600 per month (as shown on the website on link in post 1) it would cost me $72,000 over 10 years.
Re: "Own" a car by subscription
It doesn't work for me either. My vehicles are: 2001, 2003, and 2011, and we intend on keeping them for at least another 7-8 years.
Re: "Own" a car by subscription
There are some interesting points there.
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