Fleet Auto News sat down with Carly Car Subscription CEO Chris Noone to explore how car subscription fills the gap between rental and longer term financial commitment such as lease, loan and outright purchase; and how subscription is helping fleets trial and transition to EVs.
How would you best describe car subscription?
Car subscription allows fleet managers to get flexible access to vehicles at short notice, keep the vehicle for as long as required and then return it with only 30 days notice. A car subscription includes the cost and management of insurance, registration, maintenance, tyres and roadside assistance; allowing a large portion of vehicle administration to be streamlined and managed by your subscription provider. A car subscription with Carly also provides fleet managers with even more flexibility by including the ability to change individual vehicle models once per month, free of charge, to suit changing business needs.
How is it different from rental, lease or outright purchases?
Car subscription fills the current gap in the mobility market between shorter term rental and longer term lease, loan and outright purchase. Car subscription is not intended to replace these traditional methods of attaining a car, but rather support and complement long-standing mobility models. A car subscription is not debt and does not impact a company’s balance sheet. Subscription is best suited for organisations that need access to vehicles for longer than a short-term rental but are not ready or able to commit to a purchase or a lease. The minimum subscription period is 30 days and the average subscription period is just over 5 months.
What are some scenarios where car subscription is the perfect mobility solution for fleet managers and organisations?
Car subscription can be a great addition to your current suite of fleet solutions, giving you more flexibility and less financial commitment than a lease or loan. Some scenarios where car subscription may the perfect fit for your fleet are:
- Short-term project or budget
- New car delivery delay
- Want to trial an EV
- Employee in probation period
- Employees on secondment
- Seasonal demand changes
- Unplanned vehicle needs
Could subscription be used to introduce Electric Vehicles into a fleet?
Absolutely. Car subscription is the ideal risk-free way to introduce Electric Vehicles into your fleet. Carly gives fleets the ability to ‘try before you buy’ allowing you to easily explore if EVs are right for your fleet, without the need to buy or make a long-term financial commitment. Subscription lets you learn about EVs in real world situations without the risk. All Carly EV subscriptions now include a free charge pack providing access to 1,500 chargers on the Chargefox network. Carly is currently partnering with automotive manufacturers such as Hyundai to make electric vehicles available without the burden of long-term financial commitment. Beyond the initial early adoption phase, Carly is preparing for a future where subscription for EVs and cars in general becomes the norm.
To discuss how car subscription can help you achieve your fleet objectives, contact Thomas Hayes thomas@carly.co or call 0474 327 531