Carsales.com to Provide Vehicle Subscriptions
One of Australia’s leading online automotive sales platforms, carsales.com and Mobiliti Inc., a U.S. vehicle subscription platform, have entered into an agreement to bring vehicle subscription technology into the carsales.com platform.
“A vehicle subscription is for people who want a car but aren’t ready, or don’t want to own one,” said Chance Richie, Mobiliti founder and CEO. “It’s similar to a lease, but without the things consumers dislike most about leasing including long-term contracts and upfront costs, with the added benefits of included insurance, maintenance and roadside assistance.”
In Australia, carsales.com works with more than 4,000 automotive dealers and has almost 20 million individual monthly users on its sites. It is the most popular automotive classifieds platform in Australia, and has a significant presence in Latin America and Asia.
“Mobiliti will integrate its subscription technology into the carsales’ user experience to allow customers to seamlessly select between subscription or traditional purchase options,” said Richie. “Customers who choose subscription will be able to easily transfer to a longer-term option as needs change.”
30 August 2019