INSUBCONTINENT EXCLUSIVE:
Car shoppers now have several new options to avoid long-term debt and commitments
Automakers and startups alike are increasingly offering services that give buyers new opportunities and greater flexibility around owning
and using vehicles.Cars-as-a-ServiceIn the first part of this feature, we explored the different startups attempting to change car buying
But not everyone wants to buy a car
After all, a vehicle traditionally loses its value at a dramatic rate.Some startups are attempting to reinvent car ownership rather than car
Bloomberg report, the site explains automakers may have had the worst first half for new-vehicle retail sales since 2013
Car sales are tanking, but people still need cars.Companies like Fair are offering new types of leases combining a traditional auto
financing option with modern conveniences
Even car makers are looking at different ways to move vehicles from dealer lots.Fair was founded in 2016 by an all-star team made up of
automotive, retail and banking executives including Scott Painter, former founder and CEO of TrueCar.
