It's a question which seems to crop up in conversation so the editorial team decided to delve into this a little bit.
Picture this: you've just stepped off the train on a brisk morning. You have a day of meetings and feel like commuting in a car may actually be better.
You pull out your smartphone, and within a few taps, you've booked a snazzy electric car. That's the reality of a vehicle subscription, a service rapidly gaining popularity in the UK and beyond.
Let's delve into the reasons behind this shift from traditional car ownership to the 'Netflix of motoring'.
Imagine having the freedom to change your car just like your clothes. Feeling sporty? Hop into a sleek coupe. Need space for a family outing? A spacious SUV is just a few clicks away.
With vehicle subscriptions, you're not tied to a single car. This means you have the flexibility to adapt to various scenarios. For example, you can switch to a more environmentally friendly model for everyday commuting or opt for a luxury model when you need to impress.
The great allure of vehicle subscriptions also lies in their simplicity. Subscriptions usually bundle the costs of insurance, maintenance, and, crucially, servicing and breakdown cover into one monthly fee. This means no more surprise repair costs or tedious insurance renewals. Just predictable, manageable payments that fit into your budget.
A real-life example comes to mind. Meet Alice, a 30-something professional living in London. She subscribed to a car because she didn't want the hassle of sudden, expensive repairs, which she had previously experienced with her old car. Now, she enjoys her weekend trips in a top-notch electric car, knowing that all the maintenance is covered.
EVs can be pricey, and technology is continually improving. This is where the electric car subscription shines. Subscribing to an electric vehicle allows drivers to stay at the forefront of technology without risking their cars becoming obsolete.
For example, Joe, a tech enthusiast from Birmingham, wanted to experience the latest electric vehicles but was put off by the high purchase cost and rapid depreciation. Subscribing gave him access to the latest models without a hefty price tag, and he could upgrade whenever a newer model arrives.
City dwellers are increasingly questioning the need for car ownership. In city centres, public transport is often quicker, and parking can be a nightmare. Not to mention the congestion charges in places like Central London.
Yet, there are occasions when having a car is handy. A weekend getaway or a growing family, for instance. That's when a vehicle subscription service comes in handy.
You have the convenience of a car when you need one without the ongoing costs and responsibilities of ownership. It's easy to see why city-dwellers like Tom (another fun example scenario), who lives in Manchester and travels mostly by bike or tram, find a vehicle subscription an ideal solution for his sporadic car needs.
Vehicle subscriptions provide an exciting peek into the future of personal transportation. They are all about convenience, flexibility and embracing the electric revolution.
As technology evolves, who knows where this innovative concept will take us next?
In the end, it comes down to a changing mindset. We are moving away from owning things to accessing them. After all, why buy a car when you can subscribe to one? It's just like how many of us now listen to music on Spotify or watch films on Netflix.
The automotive industry is just the latest to jump on the subscription bandwagon, and by the look of things, it's a ride that many of us are more than happy to hop on.
By the way, you can submit your own questions, and our expert team may produce a short guide on it!
This is a short read, so be sure to read our in-depth guides:
Browse all cars available on subscription
There are hundreds of cars available via UK subscription companies.
My thoughts about this EV after driving it for three months.