3 ms·
Cool, so they would refund the full price of the car if people are no longer happy with it? Or would the 20K+ car just serve as strong vendor lock to be exploit
by Danieru 5y ago
Cool, so they would refund the full price of the car if people are no longer happy with it? Or would the 20K+ car just serve as strong vendor lock to be exploited in subscriptions?
- ghaff 5y agoThat assumes that the subscription is for the entire car. But that's pretty much what a lease is. And that's what a lot of people do. They pay a premium for a new car that they're only locked into for 3 years or so.
- iso1210 5y agoAnd its a great model for people who want a known payment of $x and don't want to take on the risk/reward of deprecation, maintenance, resale, etc. Unlike with say housing, which sits on land which appreciates in value at a rate and has a high cost of moving (monetary and personal), a typical car for the majority of people is a means to an end which just sits their and deprecates. The cost of changing to a new car is a few minutes reprogramming the radio and seats. Ultimately what most people want is transportation which costs a reliable x¢ per mile at a given level of convienience, reliability and comfort. Cars are hardly a winner takes all business or one with little competition - there's at least a dozen major manufacturers.