Is a car subscription the same as a lease? Is a car subscription the same as a lease?

Is a car subscription the same as a lease?

Con Con

A car subscription is a flexible alternative to a traditional lease.

Most people finance or lease a car for a period of time, often between 3 - 7 years. With subscription, there is no term or contract, you can stop or swap your car with just 2 weeks notice.

Financing or leasing a car may also just cover the cost of the car. With subscription, customers pay a fixed recurring payment for all costs, excluding fuel, tolls and fines.

With subscription there are no hidden or exit fees. The total minimum costs includes the upfront fee and the initial first four week payment.