Close Menu
Global News HQ
    What's Hot

    Mini Motorways is getting a creative mode

    June 8, 2025

    DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery

    June 8, 2025

    Teddi Mellencamp & Edwin Arroyave Reunite for Their Daughter’s Latest Milestone | Bravo

    June 8, 2025
    Recent Posts
    • Mini Motorways is getting a creative mode
    • DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery
    • Teddi Mellencamp & Edwin Arroyave Reunite for Their Daughter’s Latest Milestone | Bravo
    • The Secret to Staying Strong as You Age May be This Type of Workout
    • XRP Price Risks Plummeting Below $2 As Sellers Take Control
    Facebook X (Twitter) Instagram YouTube TikTok
    Trending
    • Mini Motorways is getting a creative mode
    • DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery
    • Teddi Mellencamp & Edwin Arroyave Reunite for Their Daughter’s Latest Milestone | Bravo
    • The Secret to Staying Strong as You Age May be This Type of Workout
    • XRP Price Risks Plummeting Below $2 As Sellers Take Control
    • Diane von Furstenberg Fall 2025 Ready-to-Wear Collection
    • Why is My Lawn Mower Smoking? 
    • I Tried Lululemon’s Latest Summer Arrivals, and You’ll Want to Run to Buy These 7 Styles
    Global News HQ
    • Technology & Gadgets
    • Travel & Tourism (Luxury)
    • Health & Wellness (Specialized)
    • Home Improvement & Remodeling
    • Luxury Goods & Services
    • Home
    • Finance & Investment
    • Insurance
    • Legal
    • Real Estate
    • More
      • Cryptocurrency & Blockchain
      • E-commerce & Retail
      • Business & Entrepreneurship
      • Automotive (Car Deals & Maintenance)
    Global News HQ
    Home - Automotive (Car Deals & Maintenance) - Study: 46% Say Tariffs Could Push Them Into Car Subscription – Kelley Blue Book
    Automotive (Car Deals & Maintenance)

    Study: 46% Say Tariffs Could Push Them Into Car Subscription – Kelley Blue Book

    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Study: 46% Say Tariffs Could Push Them Into Car Subscription – Kelley Blue Book
    Share
    Facebook Twitter LinkedIn Pinterest Email



    The auto industry keeps toying with, then abandoning, a new business model based on the one that may have given you the phone you’re reading this on.

    Car subscriptions charge a monthly fee to use, but not own, a car. Many bundle insurance and maintenance into the monthly cost. Some let you switch cars frequently.

    Audi and BMW tried it, killing their plans in 2021. Volvo offered one until last year. Porsche still does, though the  Porsche Drive program is limited to just a few states and starts at a rich $1,800 per month.

    Related – Should You Pay For A Car Subscription?

    Study: Price Increases Could Bring the Idea Back

    A new survey suggests that the idea should make a comeback. The off-road outfitters at Extreme Terrain surveyed 1,005 Americans to ask if they’d consider subscribing to a car. “Among them, 89% were car owners, and 11% were actively in the market to buy or lease a vehicle in the next 6 months,” they explain.

    “The generational breakdown was as follows: Gen Z (20%), millennials (50%), Gen X (23%), and baby boomers (7%).”

    The biggest news? Price increases could resurrect the idea. Just 46% would consider a subscription today, the researchers found, but another 46% “would be more likely to explore car subscription services if tariffs caused traditional vehicle prices to rise.”

    The number willing to consider a subscription jumps to 56% if it includes insurance and maintenance.

    Few — just one in three — say they’d take advantage of the opportunity to swap cars every six months.

    The survey found a generational gap, with 55% of baby boomers open to subscribing, but just 45% of Gen X and 46% of the younger generations.

    Cost Means This Likely Won’t Happen

    Automakers, however, might find it difficult to set up a subscription that Americans could afford. One in five said they would pay over $600 a month. New car buyers in March signed up for an average monthly payment of $739, according to Kelley Blue Book parent company Cox Automotive.

    If owning one car costs $739 per month, we’re not sure any company could profitably offer a fleet of them for less.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleEPA Head Wants Start/Stop Tech out of Cars – Kelley Blue Book
    Next Article How Anthocyanins Could Shield Your Hormones & Reproductive Health

    Related Posts

    Report: Fewer New Cars Coming

    June 6, 2025

    Ford Recalls Half Million Explorer SUVs Over Detaching Trim

    June 6, 2025

    AAA: EV Interest at 6-Year Low

    June 6, 2025

    Recall: Ford Bronco Backup Cameras Don’t Turn Off

    June 6, 2025
    Leave A Reply Cancel Reply

    ads
    Don't Miss
    Technology & Gadgets
    1 Min Read

    Mini Motorways is getting a creative mode

    During a showcase at Summer Games Fest, developer Dinosaur Polo Club announced that it will…

    DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery

    June 8, 2025

    Teddi Mellencamp & Edwin Arroyave Reunite for Their Daughter’s Latest Milestone | Bravo

    June 8, 2025

    The Secret to Staying Strong as You Age May be This Type of Workout

    June 8, 2025
    Top
    Technology & Gadgets
    1 Min Read

    Mini Motorways is getting a creative mode

    During a showcase at Summer Games Fest, developer Dinosaur Polo Club announced that it will…

    DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery

    June 8, 2025

    Teddi Mellencamp & Edwin Arroyave Reunite for Their Daughter’s Latest Milestone | Bravo

    June 8, 2025
    Our Picks
    Technology & Gadgets
    1 Min Read

    Mini Motorways is getting a creative mode

    During a showcase at Summer Games Fest, developer Dinosaur Polo Club announced that it will…

    Cryptocurrency & Blockchain
    3 Mins Read

    DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery

    As Bitcoin surged to a new all-time high in May, sparking momentum across cryptocurrencies, the…

    Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Homepage
    • Privacy Policy
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    © 2025 Global News HQ .

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version