Hi Bruce, great question. Though no one is doing exactly what we are, there are some related services that are helpful comparisons. First, rental car companies are incredibly expensive over a long period of time. Even the economy offer from Hertz over a 3-month period is more expensive than our lower tier models. Second, traditional leases typically have a lower monthly payment than us, but they also come with a large downpayment and 2-3 year terms, so they end up being much more expensive than our subscriptions. EV ownership in general is also much cheaper than gas cars. Maintenance is lower for EVs (less moving parts) and refueling costs are substantially less since users get to avoid gas stations. Glad to answer any other questions you have.
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Borrow, The First And Only All-BEV Car Subscription Company In The World
Hi Bruce, great question. Though no one is doing exactly what we are, there are some related services that are helpful comparisons. First, rental car companies are incredibly expensive over a long period of time. Even the economy offer from Hertz over a 3-month period is more expensive than our lower tier models. Second, traditional leases typically have a lower monthly payment than us, but they also come with a large downpayment and 2-3 year terms, so they end up being much more expensive than our subscriptions. EV ownership in general is also much cheaper than gas cars. Maintenance is lower for EVs (less moving parts) and refueling costs are substantially less since users get to avoid gas stations. Glad to answer any other questions you have.