Is there a long-term rental used car with no commitment?

Spoticar and Stellantis offer, with “Flex and Free VO,” a subscription rental service without commitment dedicated to used vehicles.

Lynk&Co made a splash over two years ago by offering its plug-in hybrid 01 for long-term rental through a subscription at 500 euros per month. No fixed term, no deposit or down payment, and an all-inclusive service including insurance and maintenance. The offer has since increased to 600 euros, but it has managed to find its audience, as evidenced by the growing number of Lynk&Co vehicles in our environment.

Fiat and MG, among others, have followed suit. However, strangely, the traditional Long-Term Rental (LTL) has not been replaced by this model. Flexibility is an increasing demand from customers but remains very difficult for manufacturers to manage, as their new vehicles often return to dealerships after just a few months with the status of used vehicles. The electric transition has profoundly and permanently changed the automotive market landscape, and Spoticar and Stellantis Finance & Services have certainly identified a model capable of appealing to a very broad audience with a subscription offer for used vehicles.

This relies on the flexible long-term rental “Flex and Free,” a product aligned with current market trends and societal shifts. It allows you to change your used vehicle as often as you like starting from 6 months. The customer rents a vehicle over 48 months for 10,000 to 20,000 km per year, with or without a down payment. They pay fixed monthly installments and can return their vehicle without penalty starting from the 6th month to choose a new vehicle or keep it until the initial term. Growing your family, changing your professional situation, or awaiting a new model? This is where “Flex and Free” shines, adapting to your needs.

Thus, we have one of the main advantages of LTL: a customer retained for 48 months, an interesting and sustainable outlet for young used vehicles, and a happy customer able to change cars every 6 months without impacting their cash flow. All the ingredients for a balanced, thus delightful, recipe.

READ ALSO: Fiat 500 Electric for only 79 euros per month