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The ‘Netflix’ model of car ownership is on the rise for drivers who need wheels–without the debt | AmeriDrive

After Tiffany Ford McLemore’s car was destroyed in an accident, the single mother of four needed a new one. Quickly.

Yet she didn’t want to take out another auto loan and so she researched her options. That’s when she stumbled on Flexdrive (proud partner of AmeriDrive), which calls itself Netflix for cars, and is one of several new companies offering vehicles through a subscription.

“I love the flexibility,” Ford McLemore said. She now drives her children to sports and band practice in a 2018 Volkswagen Jetta.

Automakers, dealers, and start-ups now offer car subscriptions as an alternative to the traditional financing model, which increasingly involves going into significant debt. The services typically charge a flat monthly fee that bundles together all the disparate expenses of car ownership, including insurance and maintenance.

“There’s a reason consumers are gravitating toward these services — what’s out there right now isn’t very good,” said Gary Hallgren, president of Arity, a technology start-up founded by Allstate.

The average monthly car loan payment is $533 for new cars and $397 for used vehicles, according to Edmunds, which provides information on the auto industry. The typical person takes nearly six years to pay off their car loan — and nearly a third of the trade in their vehicle before they’ve paid it off and pick up another loan.

People are overwhelmed by modern life and its seemingly infinite choices, said Philip Reed, an automotive writer at personal finance website NerdWallet. “If someone says, ‘Here’s your car. It’s $350, and that pays for everything,’ it’s appealing,” he said.

“The millennial generation grew up in a world of subscriptions, and they don’t feel it’s odd at all to consume an automobile in the same fashion,” people said.

Is a Subscription Right for You? 

Click here to find out!

The future of Car Ownership is changing | AmeriDrive – Your Car Subscription Service

Alternative vehicle ownership is becoming increasingly popular among consumers.

The traditional idea of car ownership will not go away overnight, but the industry will see a transformation in the next few years. So, what will ultimately cause a decline in vehicle ownership? Specialists say there are several factors such as ridesharing, subscription services, and autonomous vehicles among other alternative ownership models.

What do dealers make of this? Well, only 1 in 10 dealers see these trends as a threat to their business. Subscription services offer dealers a huge opportunity because it gives them another option to add to their business plan. It also allows consumers to experience multiple vehicles within your brand, and it will lead to an increase in revenue from fixed-ops as well.

If you are interested to continue reading about this story, head over here to read more.

You can also see how AmeriDrive’s Car Subscription program works here. Or apply for AmeriDrive’s Car Subscription Program here.

We Are Offering You Brand New Cars! | AMERIDRIVE – A Different Way To Drive.

AmeriDrive is adding brand new vehicles to its fleet!

You have spoken, and we have listened! We have expanded our inventory to meet your lifestyle perfectly!

With over 2,500 cars available in Florida, we continue to add BRAND NEW vehicles to our fleet. Find any car you could ever imagine and if we don’t have it just request it! With our subscription, you have the choice of riding in a used 2016 Volkswagen Jetta and then upgrade to a never before driven 2019 Nisan Rouge.

So, if you’re thinking about buying a new car but you don’t want to commit yet this is a perfect alternative.

Subscribe to it, fall in love with it!

How does it work?

Basically, “almost” the same as before. Since these vehicles are intended to be for a longer term than our regular 1 week minimum, now 1-month minimum, we will require a bit more information about you, just to make sure you are a real person and not a robot. Just fill out the information you feel most comfortable sharing and we will contact you with the following steps.

You can Apply Here to be one of the first to enjoy these awesome vehicles at crazy low prices!

Or check out here all of the BRAND NEW VEHICLES available in Florida!

Why You May Want To Consider Joining The Subscription Era | AMERIDRIVE – A Different Way To Drive.

We’ve all been subscribing to various services for many, many years. Electric power, telephone, cable television, internet access, and even a rented apartment all qualify as subscriptions. You regularly pay a periodic amount to make use of the service.

Various sources suggest the term “software as a service” (SaaS) emerged sometime between 1999 and 2005. Pioneers like Salesforce.com have launched a revolution that has extended well beyond the delivery of software paid for as a subscription. The subscription model can be found almost everywhere.

AmeriDrive, along with several automakers, now encourage customers to subscribe to their next vehicle instead of owning it. Seattle-based internet giant Amazon offers customers the ability to subscribe to monthly deliveries of everything from coffee to water filters to dog food.

Advantages To The Subscription Consumer

Financial executives appreciate the predictability, consistency and the enhanced ability to budget monthly, quarterly or even annual expenses.

Continue to read here.

Apply for AmeriDrive’s Car Subscription Program here.