Along for the easy ride
May 08, 2019
3 minutes
STORY DAVID BONNICI
By 2025, 1.9 million cars on Australian roads could be subscription cars. That’s 10% of the country’s current road fleet, and almost four times the 515,472 private vehicles sold in 2018.
Even if you halve that optimistic prediction by Forbes, it’s going to require a revolutionary shift in how Aussies view the ownership of their cars, which have long been seen as the second most significant purchase after the family home.
So what is car subscription and how does it differ from buying or leasing?
For car enthusiasts, the annual expenses of owning a
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