Finding the best car subscription plan requires a look at these factors.
Three months. That's about how long I think a new car feels really new, even if it's one of the best cars of 2019. Then it becomes an appliance like the last car. Subscribing to a car from Porsche, Volvo or Mercedes instead of buying or leasing may be the antidote, but does it make sense?
Car subscriptions are offered by carmakers, startups and car rental firms, but they share three major attributes:
- Short terms: Many plans are month to month, so you don't have to make a long commitment to either a financial arrangement or a specific car.
- Choice of cars: What you really want is an SUV as your family car, a sports car for weekend romps and an econobox for utilitarian slogs to work. That's a lot of cars. With a subscription, you can have all of those cars, just one at a time.