Lexus Will Start Offering A Car Subscription Service

Lexus Will Start Offering A Car Subscription Service
Automotive

The luxury car brand follows Volvo, Ford and Porsche in introducing a new way to access its latest crossover vehicle

Leo Lutero
  • 21 april 2018

Here at PSFK, we’ve seen quite a few automotive companies jump on the subscription bandwagon. Lexus, the luxury division of Japanese car maker Toyota, is joining the likes of Volvo, Ford and Porsche in letting people “subscribe” to driving their vehicles.

The announcement was made during the introduction of the Lexus UX Compact UX 200 and UX250H. According to Toyota, the exact terms and cost of the subscription will be revealed closer to the release of the vehicle which is slated early December of this year.

Unlike purchasing vehicles, subscribers never really own the cars. Instead they only pay for use, often on a long-term basis. During breakdowns or repairs, the subscription can be used to switch vehicles, or subscribers can be given a new vehicle every time they reach a certain mileage. In subscriptions like the one offered by Porsche, it is possible to switch a sporty coupe into an SUV or into any of the other 20 choices depending on need or mood.

Toyota

Here at PSFK, we’ve seen quite a few automotive companies jump on the subscription bandwagon. Lexus, the luxury division of Japanese car maker Toyota, is joining the likes of Volvo, Ford and Porsche in letting people “subscribe” to driving their vehicles.

+Asia
+Automotive
+car sharing
+Delivery & Logistics
+Lexus
+Luxury
+retail
+subscription service
+toyota

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