Buying vs subscribing - what's right for you?
- Jens Myhrman
- Apr 10, 2023
- 2 min read
Updated: Aug 12, 2023
When it comes to cars, many people automatically think of purchasing a car. However, another option is to subscribe to, or lease a car as a service instead. Each situation is different so there are no simple truths here, but there are definitely some real benefits to subscribing to a car instead of buying a used car outright:
Lower Upfront Costs: The most obvious benefit of subscribing to a car is the lower upfront costs. With affordable car subscription services, you can get a reliable and well-maintained vehicle without having to make a large initial investment.
No Maintenance Costs: When you subscribe to a car, you don't have to worry about maintenance costs. Someone else takes care of all the maintenance and repairs, so you can simply enjoy the benefits of having a car without the added expense and hassle of maintaining it.
No Depreciation: Cars depreciate in value very quickly. In fact, a new car can lose 20% of its value within the first year of ownership. With a subscription, you don't have to worry about depreciation, as you are only paying for the time you use the vehicle.
Flexible Options: Car subscription services offer flexible options to meet your specific needs. Whatever your situation, there will be a good subscription option that works for you.
No Need for Insurance: When you subscribe to a car, you don't need to worry about purchasing insurance. The company provides insurance coverage for the vehicle, so you can drive with peace of mind.
No Hassle Resale: When it comes time to get rid of a used car, the resale process is a notorious hassle. With a car subscription, you simply return the vehicle to the company and move on.
In conclusion, an affordable car subscription that suits your needs offer many benefits over buying a used car outright. With lower upfront costs, no maintenance costs or depreciation, flexible options, no need for insurance, and no hassle resale, it's a smart option for anyone in need of transportation. Whether you need a small grocery-getter , or a big family car, renting a vehicle through Drively can provide a convenient and cost-effective solution.
