The end of car ownership?

Posted by | January 9, 2017 12:36 | Filed under: Planet

Cadillac is now offering “subscriptions”.

Car makers are worried right now as young people turn away from traditional car ownership. U.S. car sales had a big decline last year, and meanwhile, people in cities are finding it easier than ever to use ride hailing services like Uber and rental services like Zipcar.

Cadillac is hoping it’s found the answer to reinventing car ownership, with its new luxury vehicle subscription service. The brand’s upcoming BOOK service will give members access to popular Cadillac vehicles without the long-term commitment of leasing, financing or buying — they just have to pay a monthly fee of $1,500.

“BOOK is aimed squarely at Gen X and Y customers who want the experience of a luxury vehicle without the hassles of traditional ownership,” Melody Lee, director or brand marketing, told Vocativ.

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Copyright 2017 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

3 responses to The end of car ownership?

  1. arc99 January 9th, 2017 at 12:46

    Hold on car companies, help is on the way. At least for Chryslter/Jeep.

    When I retire in 2022 I will be taking delivery of the vehicle that perfectly suits my plans for retirement travel. It will be a brand new Jeep Wrangler Unlimited Rubicon.

    If you need to get in touch, look for a whitewater raft with a 70 year old black man steering. Shouldn’t be hard to find..

    • fahvel January 9th, 2017 at 15:06

      do the Selway!!!!!!!!!!!!!!!!!!!!!!!!!

  2. robert January 9th, 2017 at 13:38

    $1500 a month ??

    i can get you a far better deal on a used car of your choice with a 3yr bumper to bumper warranty and plenty of cash left over.

    * im sure Cadillac isn’t including insurance either

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