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If you’re looking for an option outside of an auto loan or a traditional lease, welcome to the world of car subscriptions. Just like subscribing to a smartphone, these programs provide a way of “owning” a car without long-term committments. Like a lease, the car’s not yours, but unlike leasing, some programs let you swap vehicles in short periods of time. Many programs often bundle things like insurance, maintenance and other perks in one single monthly payment.

With the introduction to these programs out of the way, read on to learn more about automaker and third-party subscription services.

Automaker subscriptions

If you’re familiar with any vehicle subscription service, it’s probably one of these. In essence, you pay a monthly fee to a manufacturer for access to several vehicle models in its lineup. In addition to access, this fee covers the cost of insurance, maintenance and roadside assistance.

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Volvo

in 2017 alongside its new . While the service first launched with the XC40, every single Volvo on sale today is available these days.

But, for example, the  plan for the XC40 starts at $600 per month for the T5 Momentum trim and goes up to $700 per month for the , both of which you can configure yourself. You start with a $500 deposit that gets applied to your first month’s payment.

Some of the more critical aspects of the Care by Volvo plan are the excess wear and use protection included with your subscription. Basically, this means that Volvo will forgive $1,000 in mileage overages and vehicle damage at the time you return your car. If you park exclusively by feel, you may still end up paying for deep scratches or dents, but this should help soften the blow.

Volvo also includes a road hazard plan for tires and wheels so if a box of nails drops off the back of someone’s handyman truck and your tire picks them up, it’s covered. If you fall into one of Detroit’s man-eating potholes and your rim is destroyed to the point where it will no longer hold air or can’t be balanced, that’s covered too. Curbing the hell out of your Volvo’s rim wouldn’t be included, however, so practice your parallel parking in something else.

Under Volvo’s service and maintenance plan, all repai

Genesis

Porsche

Porsche Drive – Subscription (previously known as Porsche  service) is expensive, but it gives you a lot for your money. There are two options: a multi-vehicle subscription and a single-vehicle subscription. There are different benefits to each one.

The multi-vehicle subscription provides the most flexibility, as you can imagine. It costs $3,100 per month and provides access to the Porsche 911, Taycan, Macan, Cayenne, 718 Boxster and 718 Cayman and the Panamera. If you don’t need more than one car to flip out of, the single-vehicle subscription may be a better fit. Subscribers can choose one of the vehicles named above and subscribe for either one or three months for the single car. Porsche will also let you extend one extra month, should you want to keep the car a tad longer.

Prices vary for the single-vehicle subscription, with a $1,600 per month fee for a Macan, to a $2,950 per month fee for a 911. Keep in mind there’s a $595 joining fee up front, too. Here is more info regarding commercial Plumbing services louisville ky stop by our internet site. And before you ask, the Turbo and GT cars are not part of the program. Sorry.

Porsche Drive was once limited to just a few areas, but today, it serves 14 cities. They are:

  1. Atlanta, GA
  2. Houston, TX 
  3. Phoenix, AZ 
  4. Irvine, CA
  5. Los Angeles, CA 
  6. Monterey, CA
  7. San Diego, CA
  8. San Francisco, CA 
  9. San Jose, CA
  10. Cincinnati, OH
  11. Louisville, KY
  12. Nashville, TN
  13. Northern New Jersey 
  14. Philadelphia, PA

The subscription includes full-detail washes as part of its fee, so you’ll never (in theory) be charged for turning in a dirty car. There are also no mileage restrictions, so if you feel like road-tripping your borrowed Panamera S around the US, that should be fine.

Porsche

 – Rental is a short-term car rental service that offers short-term rentals — think between 4 hours and a week — of Porsche vehicles with mileage caps. Costs vary significantly based on which model you choose and the length of your loan, but a week in a 911 with a 1,500-mile limit will cost you just shy of $3,000. Just like Passport, Drive is available in Atlanta, Las Vegas, Phoenix, San Diego and Toronto, Ontario

Porsche/Turo

Porsche Host sees the brand partnering with peer-to-peer car rental service Turo to offer short(ish) term loans from a week to a month of customer-owned Porsche vehicles from specially selected “five-star” Turo hosts. The program launches in October and is limited to Los Angeles and San Francisco. The cars can be booked through the Turo app.

Third-party services

These subscription services aren’t directly backed and managed by a vehicle manufacturer. Most offer used or off-lease vehicles, and prices vary pretty widely, as does the level of bundling. Some services, for example, provide insurance bundled with the vehicle while others will help you find insurance. Others, meanwhile, leave you to figure it out yourself. The benefit to third-party services is that they’re usually much cheaper than the OEM options, and represent lower-cost ways of getting into a vehicle.

JoinBorrow.com

 is an electric car-only subscription service that will give you an EV for three, six or nine months at a time. Borrow functions more like a rental service since all vehicles remain the property of Borrow. The EVs that it provides to customers are all used and available in the Los Angeles area only.

Customers can currently choose from four tiers of electric vehicles, each with different pricing. The most affordable tier is the “Campus” plan, which gives access to a Smart ForTwo ED for $199 per month. The second-lowest-cost tier is the “City” plan. Those who opt for the City plan get a Fiat 500e, and prices start at $399 per month.

The next step up is the “Premium” plan. This gives users access to either a BMW i3 or a Volkswagen eGolf. This tier ranges from $624 per month for three months to $524 per month for nine months. There is a third “Platinum” tier planned that offers a Tesla Model S, for a whopping $1,099 per month.

Insurance is not included with the monthly subscription fee but Borrow says that it can assist with finding insurance and bundle it with your monthly payment. Maintenance and roadside assistance are both included.

Borrow is the most lifestyle-focused of the third-party options with its promises of swag bags, new products, event and restaurant discounts. While it might be good for someone who’s in Los Angeles for a predetermined length of time, with used EV prices being what they are, it’s probably not a great option for someone who is living there permanently, kind of like a furnished apartment near a movie studio.

Spencer Platt/Getty Images

One of America’s biggest car rental firms — Hertz –is getting into the subscription plan game with its  in Austin, Texas, Atlanta, Georgia and Southwest Florida. The plan will allow users to choose between two vehicle packages which start at a steep $999 and extend up to $1,399. The cheaper Tier 1 program gives users access to full-size sedans, small SUVs and small trucks, which would include the Nissan Altima, the Toyota Tacoma and the Volkswagen Tiguan.

The pricier Tier 2 gives access to the Tier 1 stuff plus larger SUVs like the Jeep Grand Cherokee and Infiniti QX60, full-size trucks like the Ford F-150 and luxury sedans like the Cadillac CTS. Now, this is a pricey option for solidly “meh” rental cars, but the upside is that you get unlimited mileage for the length of your rental, though you will have to return your vehicle to one of the five currently participating rental locations. Is it worth it? Maybe, if you need to pile miles on a company car but your business doesn’t want to buy or lease.

Sixt

Sixt may not be as familiar to most Americans as Hertz or Budget, for example, but the European rental car company has been carving out a foothold here by offering slightly different cars than you’d expect for rentals at decent prices. Now the company has decided to follow after its big, yellow competitor (not into bankruptcy) into the car subscription game with .

Sixt Plus is available in Washington, California, Nevada, Texas, Florida, Georgia and other states through Sixt rental locations. Like most subscription services, buyers are able to select a tier of vehicle and for a set monthly price you get access to that car with things like maintenance, registration and the ability to swap for a different vehicle once a year.

Prices for the most basic tier — Kia Rio is the example here — will run you $459 per month plus the $199 sign-up fee. Want to move a few rungs up the ladder, so to speak? A Mercedes C-Class is $849 a month, or perhaps you want to experience Range Rover ownership without the headaches — in that case there is a Velar available for $1,049 a month.

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