Elmo offers electric cars on subscription and want everyone to make the switch and ditch their ICE cars. They even have a referral scheme where existing customers, and their friends, can get £50 off their next payment.
Elmo’s car inventory has grown tremendously over the past year, offering their customer even more choices of EVs. They probably also offer the best subscription customisability than any other subscription company currently in the UK.
Launched in 2019, elmo was founded by Luke Gavin and Olly Jones. Luke’s background is in energy, e-mobility and sustainability as an early team member at Octopus Energy and also as a strategy consultant at Element Energy.
Olly’s background is startups and tech, responsible for growing Angel Investment Network to 1.5 million users and hosting a popular startup podcast.
The signup process takes 5 minutes and is all done online. New customers normally go through the following steps:
The service is flexible with just 30 days’ notice required to upgrade, pause, or cancel a subscription.
The eligibility criteria to get a car through elmo include:
Elmo may not approve your subscription application if:
They offer ‘Total Cost of Ownership’ (TCO) subscriptions. This means that included in the monthly price of your vehicle, you get:
In addition, if you want to can choose to add the following to your monthly subscription:
If you choose everything, your only cost for the car will be the one payment you make to them each month! But you choose which parts of the bundle work for you.
To get started, the costs include:
Notice that there isn’t a large upfront deposit. Other subscription services require you to pay a large amount upfront, it’s refundable, but not having to pay it it’s definitely easier on the pocket.
Here's an example of what your elmo subscription could look like:
You may think they’re just another subscription service, but they are really championing sustainability and redefining what car ownership looks like.
They offer only electric cars which produce zero tailpipe emissions. It's certainly a subscription provider you should consider if you're after an EV! Check out our in-depth elmo vs. Onto comparison.
Browse elmo cars and find the right model for you!