We’re living in uncertain times especially with job security and the flexibility of owning a car by simply subscribing to its use is gaining momentum. More and more people are seeing the merits of having all their expenses of car ownership (except for fuel) in one monthly subscription fee with the ability to hand it back with one month’s notice without penalty if they lose their job. Far easier than the complex process of quitting a car under a finance or lease deal. Carly, our first flexible car subscription provider, suggests car subscription it fast becoming an alternative to car purchase and leasing – the impact of Covid-19 making many Aussies reconsider how they can de-risk their financial commitments. A recent survey found nearly 70 per cent of 18-34 year olds would consider a no strings attached Subscription option, especially those studying, also part-time workers facing difficulty in securing finance like those currently being paid under Jobkeeper.

I’m David Berthon

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