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Why car subscription services are the future of car ownership

August 1, 2023

Why car subscription services are the future of car ownership

Car ownership is out – car subscription is in. Car subscription services take the subscription model we all know and love from other walks of life, such as streaming services, and apply them to car use. The result: a flexible and convenient alternative to traditional car ownership, with all your running costs rolled into a single monthly payment that you can cancel at any time.

In this article, we’re looking at why car subscriptions are the future of car ownership at a time when we’re all having to start thinking about the impact of our driving on both the environment and our personal finances. We’ll explore the benefits of car subscriptions, how to choose the right one for your needs and how they can help you embrace the future of electric-powered vehicles.

Understanding the benefits of a car subscription

Car subscription offers unbeatable freedom thanks to its flexibility and convenience. For a start, you can cancel it at any time; you’re not tied into big upfront payments and pricey long-term contracts as you are with leasing. You also don’t have a large amount of capital tied up, as you do with traditional car ownership, and nor do you need to worry about selling it if you decide you need a change.

With a car subscription, the only upfront payment you make is a month’s subscription fee, which you’ll get back when you hand the keys back. You then simply pay a monthly fee that includes everything except fuel or EV charging. Road tax, insurance, maintenance, tyres and breakdown cover are all included, leaving you free to enjoy your car without the hassle of unexpected bills. You won’t need to worry about depreciation, either! With Drive Fuze, you could be driving one in as little as seven days!

Embracing the future: electric car subscription in the UK

Because of all this, car subscriptions will be critical to allowing more of the population to access electric vehicle technology – and to promoting electric vehicles and the carbon emissions reductions they entail. With new petrol and diesel cars on target to be phased out by 2030, there will come a time when we all need to make the switch to electric, so getting ahead of the game makes sense.

Driven by government incentives, environmental consciousness and technological advancements, electric cars are already growing in popularity in the UK, and it’s little wonder. Electric cars are great for drivers and great for the environment, enabling zero-emission driving, lower running costs and access to advanced electric vehicle features.

The car subscription model gives you easy access to the latest electric car models, so you can experience cutting-edge technology and contribute to a sustainable future without having to make a large upfront capital investment. And with the charging infrastructure growing all the time, there’s more support than ever for electric car drivers and subscribers.

In a bid to create greener towns and cities, public charging stations are increasingly widespread, with more and more grants and subsidies also becoming available from government bodies to help install home chargers too.

Choosing the right car subscription for your needs

Car subscriptions offer a fantastic alternative to traditional car ownership methods. With both leasing and outright ownership, you’ll have to budget for all the ongoing and often unpredictable costs of running your car: not just the fixed amounts, such as insurance, tax, breakdown cover and tyres, and more.

Not only that, but you’re tied in for a lengthy period of time: potentially two to four years with leasing, or until you manage to sell it if you’re an outright owner. That means you lack the flexibility if your circumstances change, as well as having money tied up in your car. Of course, there’s depreciation to consider as well, which means that the vehicle is losing value all the time and may not be a wise use of your cash.

With a car subscription, on the other hand, all these costs are rolled up into a single monthly payment that makes for easy budgeting. Free from the headache of worrying about unexpected costs, you can relax and enjoy using a car on your own terms. If your circumstances change and you need a different kind of car, or you no longer need one at all, you simply hand the keys back and get your month’s upfront payment back at the same time. Any costs owed will also be taken at this time.

When you’re choosing the right car subscription for you, you’ll need to think about the terms of the subscription, the right vehicle for your needs and the amount you can afford each month (remember you’ll need to factor in fuel costs as well). Look at what’s included in the subscription, such as any additional benefits like maintenance and insurance. It’s important to be able to tailor your car subscription to match your own lifestyle and driving preferences, whether it’s a small city car, a family-friendly SUV or a high-performance vehicle.

Drive Fuze offers a particularly convenient car subscription service, with a fantastic range of vehicles, incredibly flexible subscription terms and first-class customer support. Not only that, but we have a great range of the latest electric vehicles to help you enjoy the benefits of EV ownership, such as lower emissions and access to cutting-edge vehicle technology.

Seamless experience: getting started with a car subscription

Signing up for a Drive Fuze car subscription couldn’t be easier – even more reason why they’re the future of car ownership! It’s a simple step-by-step process:

1. Choose your carbrowse our vehicles and find the one that best suits your lifestyle and needs. Our user-friendly online platform has filter options on the right to narrow down your selection to cars that match your requirements – from vehicle type and budget to transmission and fuel type.

2. Customise – this is where you’ll tailor your subscription to your own needs, such as adding additional drivers and choosing the mileage you’ll need. Here’s more on how mileage works with car subscriptions.

3. Document checks – having signed up to our simple online platform, you’ll be able to upload your documents, your driving licence and proof of your address, so that we can confirm your identity. There’ll be a soft credit check, but it won’t harm your credit rating, and if accepted, this is when you’ll make your month’s upfront payment (which you’ll get back at the end of your subscription minus any fees or charges owed).

4. Delivery – simply choose the day you want your new car to be delivered and we’ll bring it right to your door! All you need to do is make sure you’ll be there to take delivery of your car. This is also the day your subscription payment will be taken, and on the same day each month for the rest of your subscription.

Be sure to read through all your subscription paperwork before signing, so that you’re familiar with the terms and conditions and aspects such as your mileage limits, insurance coverage and maintenance responsibilities. You can also read our terms and conditions for more information.

Once your subscription is underway, you’ll be able to manage your subscription quickly and easily through our user-friendly online portal, including managing payments, booking maintenance, tracking expenses and accessing support if you need it.

The future of car ownership is here

With a single monthly payment that covers all your running costs, car subscription is the answer to simplifying car ownership and taking away the budgeting hassles that come with leasing or owning a car outright. Not only that, but if you’re looking to enjoy a more eco-friendly mode of transport, car subscription is the affordable way to get the benefits of an electric vehicle with none of the upfront expenditure.

If you’re looking for a more convenient way to enjoy the benefits of having a car in your life, why not explore a car subscription with Drive Fuze? Find a car you like and you could be driving it within a week.