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Interesting idea. I just suscribed to a manufacturer all-inclusive monthly plan which includes insurance, registration, the right to swap cars and unlimited mil
by nodesocket 7y ago
Interesting idea. I just suscribed to a manufacturer all-inclusive monthly plan which includes insurance, registration, the right to swap cars and unlimited miles. It is by no means cheap, but having month to month flexibility as well as no lump sum of cash down like a lease or purchase was a great option for me.
These prices seem insanely high though, maybe it's just I live in the south but... $65 a day for a Ford Explorer? I have a luxury German car and pay $34 a day, which again is not cheap.
I'll probably only end up doing my manufacture plan a couple of months, as honestly I don't drive that much. Spending $300-400 a month in Uber is actually eaiser and significantly less money.
- closeparen 7y agoManufacturers are fundamentally in the business of pushing new cars. No amount of financial engineering can make it a frugal option to drive a new car.
- nodesocket 7y agoI am not entirely sure if the program is run by the US manufacturing division or local dealers. The car I got had 10,000 miles on it and is a 2019 model so not brand new.
- redindian75 7y agoIs it volvo? Didnt know it has unlimited and allowed frequent swaps.
- nodesocket 7y agoVolvo is Swedish. :-). It is BMW. See https://go.accessbybmw.com/justink9917 https://go.accessbybmw.com/justink9917 * Full disclosure, above is a referral link. Though I can provide a promo code to waive the activation fee.
- amosgewirtz 7y agoI think the owning vs subscribing vs renting vs Ubering decision depends on how often you need a drive-it-yourself car in those situations where Uber or public transit doesn't make sense. For me and my cofounder and friends living in cities, it's typically 2-7 days a month, in which case rentals makes sense. If you need car for longer than that, than other options can make a lot of sense, and though you'll pay more overall, you'll 100% save on a per-day basis.