Buying and owning a car can be riddled with challenges and unexpected costs.
In today's market, not only do waiting periods for new vehicles exceed a year, but the cost of used cars is continuing to soar at all-time highs.
Research we ran with YouGov in December last year indicated that 5 million Australians over the age of 21, intended to buy a new or used car in 2022.
With demand so high and supply so low, finding a reliable used car at the right price is not an easy task.
Unfortunately, the outlook for 2023 isn't much rosier, with many car makers forecasting supply to remain constrained due to the ongoing chip shortage1, lockdowns in China and the war in Ukraine.
But, it's not all bad news.
We know that Australians like subscriptions.
In fact, over 78% of Aussie households have at least ONE subscription service2 - most have more.
With all the drama that comes with buying a car it’s no surprise that car subscriptions are growing in popularity not only in Australia, but globally. And we expect this trend to continue, especially as demand for Electric Vehicles picks up as innovation kicks in.
Savvy shoppers can subscribe to a new or used car online with carbar in as little as 5 minutes.
Subscribers avoid the risk of buying a lemon and have the opportunity to try a car before committing longer-term to their beloved four-wheeled friend. A reliable friend that can get them safely home from holidays, support them during the first school drop-off (tears and all) and help transport their belongings to their first new home.
Since we started offering a subscription service, we have observed a trend of customers subscribing to cars, loving them and often asking to purchase the car.
We’ve thought deeply about how we can simplify and make the transition from subscribing to owning as frictionless as possible. We want to make buying a car from us, whether it be new or used, as easy as subscribing to one. And now it is.
Because carbar owns its cars, subscribers can simply request a price to purchase their subscription car and we’ll help compare the costs of financing without any impact to their credit rating. This way, carbar customers can easily weigh up the costs of a subscription versus buying a car using finance.
Sounds good, right? carbar gives you the freedom and flexibility to do it your way.
And… if you’re looking to ‘try before you buy’ you can seamlessly transition between using a car owned by carbar or owning the car yourself. The choice is always yours.
We’re always adding new cars to our fleet. Browse the latest selection of cars here.
1 https://www.whichcar.com.au/news/industry-says-chip-shortage-to-last-into-2023
2 https://www.gizmodo.com.au/2022/04/australian-subscribers-streaming-services/
