Transforming corporate mobility: unlocking efficiency and savings through car subscriptions

Services like Netflix or Spotify have undeniably impacted the way people consume and pay for services. The subscription model has brought us much more flexibility than it was ever possible before and become a great part of our spending habits. Since owning or leasing a car may not be an efficient solution for some companies, the so-called "Netflix" model currently opens up new possibilities for both private and business needs.

What is a car subscription for business?

The corporate car subscription is a contract model with an all-inclusive service that is paid on a monthly basis. It gives an opportunity to scale your fleet up or down as necessary depending on your current needs.

Whether a company requires a car for a specific project duration or faces seasonal fluctuations, opting for a car subscription can answer these needs without entailing the long-term commitments associated with car ownership and paying upfront. Moreover, car subscription can answer these needs almost immediately by offering a short delivery time!

This gives customers the advantages of leasing/buying (i.e., their own personal vehicle for a certain period) combined with those of car-sharing/ride-hailing (i.e., flexible mobility without a prolonged financial commitment) in a single convenient product. As a result, subscriptions offer a “happy medium” within the vehicle-based mobility product portfolio.

Source: Deloitte

Why do businesses choose car subscriptions?

There are many advantages that make companies switch from traditional car ownership and lease to car subscriptions. Here are some of them:

• Flexibility
  There’s no doubt that car subscriptions can give much more flexibility than was ever possible before. These contracts allow you to be unbound in case of an uncertain future and bridge bottlenecks in case of delivery delays or peaks in activity. Moreover, if you have a new employee on a trial period or for a specific time (contractor) you can simply adjust the contract to your needs and get a car for a specific time period.
• Cost optimization
  For some industries dealing with fluctuating needs based on the number of projects, employee arrivals and seasonality, owning a car might not be the most cost-effective solution. Car subscriptions answer these problems by allowing them to easily adjust their fleet based on the project length and therefore improve cost management with fixed monthly price. Also, you don’t need to worry about other costs related to vehicle ownership such as insurance and maintenance!
• Quick access to the vehicle
  The market shortages had significantly affected the mobility industry and led to long waiting time periods for car arrival. With solutions such as car subscription you can easily get access to new and recent cars and have it delivered in less than 20 days.

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• All-in-one offer
  Most of the car subscriptions provide you with a wide range of additional features. You can tailor the contract to your needs (choose the model, mileage per month and the duration) and stop worrying about insurance, maintenance or other car-related costs except refueling.

How does it work?

1. Select the vehicle you’re interested in
   This business model allows you to choose from a wide range of cars available. You can simply find the most recent and safest models for your employees among options such as: SUV, urban, commercial or vans.
2. Fill out and sign up the contract
   Signing up contracts for car subscription is more simple compared to lease. As some of the companies might not be eligible for lease, the car subscription might be a perfect choice for them as you don’t need to commit for a long time.
3. Choose the date of delivery
   You can simply choose the date of delivery as well as additional features you want to include in your contact. Everything, from selecting the offer to signing the contract you can do remotely with help of our team.
4. Get a car, let your employees drive and pay on the monthly basis!
   Choose a place for the delivery, get the keys and enjoy the full flexibility of the offer. You’ll get a centralized invoicing every month. You can cancel, pause it or upgrade when needed. Need more insights into your fleet such as fuel consumption or driving behavior? Make sure to check our fleet management platform - Connect Fleet!

 Discover Car On Demand

Car subscription is currently revolutionizing the mobility industry and answers the current needs of customers. Wondering if is it the right way to go for your business? Contact us to discover Car On Demand, our car subscription service dedicated for personal and business clients.

Contact us now