Car Subscription is ideal for organisations that need access to vehicles for longer than a short-term rental but are not ready or able to commit to a purchase or lease.
A car subscription is not debt and does not impact a company’s balance sheet. Insurance, registration, maintenance and roadside assistance are all included in one simple monthly fee.
The minimum subscription period is 30 days and the average subscription period is over 5 months.
Carly Car Subscription provides a fast and flexible way for businesses to access quality new or used vehicles at short notice.
Key benefits:
Car subscription can assist fleet managers to ensure that fit- for-purpose vehicles are always available in a cost effective manner to meet the ever changing needs of their business.
Subscription is also a great option for businesses that would benefit from switching vehicle makes and models. For example, if a business needs a larger vehicle to make deliveries for a particular period but would otherwise need a standard hatch, they can choose to switch to another vehicle as required.
Young entrepreneurs Nick Rowell and Marc Lindberg founded Lust Liquor, a company making low-calorie alcoholic drinks. They turned to Carly for a flexible, low-risk way to access a car for their growing business.
Being a small start-up, subscribing to a car, with no deposit, no lock-in contract and the ability to cancel at any-time with 30 days notice allowed Nick and Marc to hire additional sales people and scale their business, without the commitment of fixed financing or an outflow of capital. It also helped them manage their cash flow as they knew exactly what their monthly out-going costs were going to be for the vehicle.
“For us as a start-up, the main feature that appealed to us initially was that we were not locked into any contracts. Once using Carly, we discovered that the service Carly provides is so much more than that, with its flexibility to stop and start at any point, fixed-price business model and exceptional customer service.”
Car subscription is most suited to businesses that require greater flexibility in their mobility solutions; either financially, by vehicle or by time. It is ideal for businesses that need the flexibility to change their vehicles when their circumstances change.
TIME FLEXIBILITY
Urgent, sudden or unknown duration…
You need a vehicle at short notice but don’t want an ongoing commitment
VEHICLE FLEXIBILITY
Accommodating a needs change…
You often need to swap vehicle or take on new type of work periodically
FINANCIAL FLEXIBILITY
Unable to commit to lease or outright purchase…
You have a limited budget, variable cash flow or are unable to get finance at short notice
New employee in probation period or staff on secondment
Awarded a new contract or tender but don’t have vehicle
Run out of fleet vehicles and need solution while new vehicles are purchased
Existing contract with unknown length or continued extensions
An additional vehicle is needed to transport goods during periods of fluctuating or seasonal demand
Need a commercial vehicle to meet needs of contract
More staff going to do field work for short term basis and want to change from hatchback to ute
Purchased a new vehicle but client is waiting on delivery
Choose not to purchase vehicles outright
Don’t have budget for long term commitment but have weekly or monthly allowance for taxis or rental vehicles
Are subject to short-term project funding requirements
Variable cash flow due to contract work or fluctuations in new business
Carly is the only car subscription service in Australia to hold an ATO product ruling that confirms fringe benefits tax treatment and tax deductibility for individuals and businesses using a subscription for business or work purposes. You can learn more here or head to the ATO website to view the official ruling Product Ruling (PR 2020/11)
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