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The Drive Fuze approach: A versatile all-inclusive car subscription for the changing times

September 20, 2023

The Drive Fuze approach: A versatile all-inclusive car subscription for the changing times

In a world that's rapidly evolving towards sustainability and environmental consciousness, Drive Fuze stands out as a trailblazer by offering not just electric vehicles but also a comprehensive range of petrol cars. Some might question the rationale behind this approach, especially as the UK is steadfastly marching towards zero emissions. In this article, we'll delve into the Drive Fuze model and explain why this diversity in our vehicles makes sense.

The power of car subscriptions

Before diving into the ins and outs of EVs, let's explain why car subscriptions are becoming increasingly popular. Car subscriptions have emerged as a convenient option for individuals who want ultimate control over their vehicle choices and financial commitments without locking themselves into long-term contracts. With a simple monthly fee, subscribers gain access to their preferred vehicles, often brand new or nearly new, with the added benefit of several running costs covered. These inclusive expenses typically include insurance, road tax, maintenance, servicing, tyre wear and tear, and breakdown cover.

Changing perceptions of car ownership

In recent years, the appeal of car ownership has experienced a gradual decline. Owning a vehicle carries responsibilities and long-term commitments that many individuals find increasingly burdensome. In today's fast-paced world, where lifestyles and needs can shift rapidly, conventional car financing and leasing arrangements are viewed more as hindrances rather than conveniences.

Studies support this shift. Boston Consulting Group (BCG) predicts that subscriptions could reach $30-40 billion across the UK and US by 2030, potentially accounting for up to 15% of new car sales. Deloitte forecasts a significant shift of more than €22 billion in annual automotive financing to the vehicle subscription market in EU5 countries (France, Germany, Italy, Spain, and the United Kingdom) by 2025.

The flexibility factor

Vehicle subscriptions offer a level of simplicity, accessibility, and adaptability that other financing options cannot match. They effortlessly cater to users' changing personal and professional circumstances, freeing them of administrative hassles and making household budgeting more straightforward. There are no unforeseen maintenance costs to worry about.

While there may be cheaper methods to access a new car, subscriptions represent a remarkably cost-effective means of securing a new or nearly new vehicle, quickly and easily. In fact, they often yield savings when compared to traditional leasing, financing, or ownership arrangements.

Why the mix of fuel types?

Now, back to the initial question: Why does Drive Fuze offer a range of vehicles, including those powered by traditional fuels, in an era that is moving towards zero emissions? To understand this, we must acknowledge the challenges and complexities of electric vehicle adoption, including the financial considerations related to EVs.

The answer lies in providing choices and catering to a diverse audience. While the world is undoubtedly moving towards sustainability, it's essential to recognise that not everyone is ready or able to make the immediate switch to an EV. Some drivers might need the range and familiarity of petrol or diesel vehicles whilst others may be considering a transition to hybrid or plug-in hybrid vehicles as a stepping stone towards complete electrification.

Charging costs: A key consideration for EV subscribers

While electric vehicles (EVs) are undoubtedly the future, their widespread adoption is not without its cost-related challenges. The cost of charging is a key factor and can typically costs less per mile compared to petrol or diesel. However, understanding the intricacies of EV charging rates, especially at various charging stations, is crucial for subscribers. The cost of charging can vary depending on factors such as location, time of day, and the type of charger used.

Drive Fuze, the only all-inclusive car subscription service

Drive Fuze is a pioneer in the car subscription landscape, offering an extensive selection of vehicles through all-inclusive monthly plans. Every aspect of service is designed to fully cater to user preferences and needs, with a mission that revolves around delivering an exceptional customer experience. Drive Fuze's unique selling proposition lies in its commitment to providing a hassle-free way to enjoy and drive a new, or nearly new car, all without the burden of long-term contracts or unexpected financial surprises.

With decades of automotive expertise underpinning their operations, Drive Fuze strives to be best-in-class in the car subscription market. As a member of the BVRLA and regulated by the FCA, they go above and beyond Consumer Duty rules to ensure affordability and customer satisfaction throughout the subscription journey.

In the pursuit of a sustainable future, Drive Fuze maintains its decision to offer a diverse range of vehicles, including electric, hybrid, and traditional fuel-powered cars. Drive Fuze's approach reflects an understanding that the automotive landscape is in transition. By offering a comprehensive range of vehicles, we empower customers to make choices aligned with their current needs and preferences. It's about being inclusive and ensuring that everyone can benefit from the convenience and flexibility of car subscriptions.

Drive Fuze's diverse vehicle offerings in the face of a zero-emission future are a testament to their commitment to customer choice and adaptability. Car subscriptions are the way forward for a growing number of drivers, and Drive Fuze's approach ensures that the transition to a more sustainable automotive future is accessible to all.

Whether it's a petrol car for a specific need or an electric vehicle for eco-conscious daily commuting, Drive Fuze is here to provide the right solution for everyone.