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What is car subscription?

What is car subscription?

The automotive industry is being turned upside down and flexible fleet concepts are thriving.
Newsroom
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News
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What is car subscription?
News

What is car subscription?

The automotive industry is being turned upside down and flexible fleet concepts are thriving.
Jordan Symonds
Head of Communication
Newsroom
/
News
/
What is car subscription?
News

What is car subscription?

The automotive industry is being turned upside down and flexible fleet concepts are thriving.
Jordan Symonds
Head of Communication
Newsroom
/
News
/
What is car subscription?
News

What is car subscription?

The automotive industry is being turned upside down and flexible fleet concepts are thriving.
Jordan Symonds
Head of Communication
Newsroom
/
News
/
What is car subscription?
News

What is car subscription?

The automotive industry is being turned upside down and flexible fleet concepts are thriving.
Jordan Symonds
Head of Communication
Portrait of Hans Kristian, CEO and Co-founder of Casi

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The automotive industry is being turned upside down. The traditional distribution model involving the OEM, an importer, and a dealership network is being replaced by direct distribution either by OEM-owned dealerships, pop-up stores, or digital sales. In Norway, the average number of dealership visits when purchasing a car has gone from four to 1,1. The decision is now made at home, on the sofa, watching CarWow reviews on YouTube.

The automotive industry is being turned upside down

In a rapidly changing automotive industry, car subscription is excelling by digitizing the customer experience and bundling services to ensure profitable cash flows for the providers. OEMs and market reports estimate that 20-30% of new cars sold in 2025 will be sold on car subscription. Players like Care by Volvo have already surpassed the 15% mark in several European markets.

30% of new cars being sold in 2025 will be sold on car subscription

Car subscription is a flexible alternative to leasing or owning a car. Consumers subscribe to a vehicle for a flexible monthly term, and the subscription can be canceled anytime. Car subscription concepts often include additional services in all-inclusive or modular add-on models, such as maintenance, insurance, tire change, the option to swap a car, and many other services.

At Casi, we have launched and scaled successful subscription services since 2018, and we often hear that the product empowers people to make sustainable choices. Car subscription helps make the green shift from ownership to usership and lowers the barrier to EVs. Casi’s Norwegian DNA has given us years of experience in how to electrify fleets, as Norway is the world’s leader in EV market share.

Car subscription providers are capitalizing on the subscription generation, which has established a lifestyle around pay-as-you-go. They want access to the right form of mobility at the right time. By providers offering consumers a fleet of vehicles that can fit various lifestyles, a long-term relationship is built on the premise of flexibility within the fleet.

The car subscription segment is gaining momentum, and we at Casi want to partner up to unlock new revenue streams. Now is the time to knock on our door!

“Following Mocean Subscription service’s success in Germany, Spain and the UK, the partnership with Casi will allow us to enrich Hyundai customers’ journeys in the new markets that the service will be rolled out to in coming months.”
Liran Golan
Director of Mobility Services at Hyundai Connected Mobility GmbH
“Together with Casi, as our tech and know-how provider, Stellantis has created a delightful end-user car subscription experience that modern customers are seeking. By implementing car subscription, we are future-proofing our business.”
Sophieke Verhoeven
CEO of Stellantis Financial Services Nederland
“We wanted to offer car subscription to attract a new customer segment, implement digital distribution, and offer flexible ownership. Casi's software enables us to configure our brand how we want and enables us to digitally manage our fleet, tasks, subscriptions, and overall business in an easy way.”
Izida Gerkena
COO of Møller Auto Baltics

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From new to used, EVs to ICE, Casi helps you scale flexible leasing with ease.

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