31: Rise In Subscription-Based Vehicle Usership Models
One of the most innovative aspects of the automotive industry these days is the subscription-based buying options. There are new services that allow you to pay a monthly fee to drive a vehicle. Kind of like Netflix for cars, these services have been steadily rising as an option for more consumers (via Forbes).
Cars are getting expensive. One of the ways consumers are combating these rising costs is by utilizing these new subscription services. Apart from the benefit of not being on the hook for a car note, you also don’t have to worry about the high maintenance costs associated with ownership.