|
|
|
|
|
|
BMW Garage | BMW Meets | Register | Today's Posts | Search |
|
BMW 3-Series (E90 E92) Forum
>
BMW Cancels their "Access" Car Subscription Program
|
|
01-15-2021, 11:03 AM | #1 | |
Ring Leader of G8X Haters
25302
Rep 8,764
Posts |
BMW Cancels their "Access" Car Subscription Program
Quote:
|
|
01-15-2021, 11:42 AM | #3 |
Colonel
1755
Rep 2,835
Posts |
Interesting idea but I always wondered who these people would really be as you needed to spend a lot of money, then you could switch out vehicles but the whole thing seemed like more trouble than it was worth.
__________________
2006 Z4M Coupe - ZHP knob, stubby antenna, clutch delay delete
|
Appreciate
2
stein_325i25302.00 Germanauto9846.50 |
01-15-2021, 11:53 AM | #4 | |
Colonel
1139
Rep 2,056
Posts |
Quote:
https://f30.bimmerpost.com/forums/sh....php?t=1570704 |
|
Appreciate
1
David701755.00 |
01-15-2021, 12:12 PM | #5 | |
Colonel
1755
Rep 2,835
Posts |
Quote:
Since you wouldn't drive at M much when you are paying $1099 per month plus $75 per day, seems like a huge expense for what you are driving most of the time. Also would suck to decide you want an X5 for whatever reason and it isn't available. EDIT: It did include $1k deductible insurance which helps. Also think at some point you would have been driving a well used car that others scratched/used, then have an issue with never driving the exact model you would have leased (options/color/etc). Person giving the review said he sometimes switched vehicles 3-4x per week, I just don't care enough to bother. If I had a car I liked I would keep it for weeks or months.
__________________
2006 Z4M Coupe - ZHP knob, stubby antenna, clutch delay delete
Last edited by David70; 01-15-2021 at 12:19 PM.. |
|
Appreciate
0
|
01-15-2021, 12:25 PM | #6 |
Colonel
2453
Rep 2,539
Posts |
It was a risky business model to begin with. I imagine that COVID put the final nail in the coffin.
|
Appreciate
2
Germanauto9846.50 tracer bullet3809.50 |
01-15-2021, 05:37 PM | #7 |
Major General
9847
Rep 6,146
Posts |
These automotive subscription services were never going to work. They are targeting a very miniscule percentage of customers who (a) desire multiple cars and (b) are willing to pay the obscene subscription prices for it. $2000/mo for BMW's boring cars (these are Porsche 911 lease prices) and $3700/mo for the heavy M cars (more expensive than leasing some supercars).
I suppose it seemed like a good idea in theory and I don't fault BMW or other automakers for giving it a shot. But clearly it has no place in the market.
__________________
Former
-2008 E90 328 black/brown -2012 Lexus IS250 black/black |
Appreciate
2
arashir164.00 stein_325i25302.00 |
01-15-2021, 05:49 PM | #8 | |
Colonel
2453
Rep 2,539
Posts |
Quote:
|
|
Appreciate
1
Germanauto9846.50 |
01-15-2021, 05:57 PM | #9 |
Major General
9847
Rep 6,146
Posts |
Even loaded X5 40is lease for over $1000/mo, so no way that could work. There's just too many variables at play including logistically. Building a fleet, having a place to store that fleet, accounting for depreciation on these cars, residuals, maintenance, etc. It's too expensive a service to operate, they can't make money on it.
__________________
Former
-2008 E90 328 black/brown -2012 Lexus IS250 black/black |
Appreciate
0
|
01-15-2021, 06:04 PM | #10 |
Supreme Allied Commander
2896
Rep 65,074
Posts
Drives: BMW F82 M4, BMW WIDEBODY F13
Join Date: Aug 2017
Location: LOS ANGELES, CALIFORNIA
|
Surprised this didn't end earlier. It was just too expensive
|
Appreciate
1
stein_325i25302.00 |
01-15-2021, 10:22 PM | #11 |
Lieutenant
632
Rep 433
Posts |
It's one of those ideas that sound great on paper in a boardroom, far removed from reality
|
Appreciate
1
Germanauto9846.50 |
01-16-2021, 09:04 AM | #12 |
Lieutenant General
3910
Rep 10,609
Posts |
There was a fear that millenials were going to be the first of a wave of what I call renter class. They made good money but eschewed commuting from the suburbs like their parents and consequently didn't want the hassle of having to own a vehicle.
__________________
"Drive more, worry less. "
435i, MPPK, MPE, M-Sport Line |
Appreciate
0
|
01-16-2021, 09:35 AM | #13 |
Crusty Old Navy Chief
27033
Rep 1,713
Posts
Drives: 2022 X3 M40i, 1983 911SC
Join Date: Jan 2021
Location: Ottawa
|
Apparently Porsche call their 2017 program successful ... North of the border, only Toronto has it. Montréal and Vancouver will get it this spring.
... Due to the success of the Multi-Vehicle Subscription program, first launched in Atlanta in November 2017, it expanded to Las Vegas, Phoenix, and San Diego in August 2019. Los Angeles is the newest city to host the program... https://newsroom.porsche.com/en_US/c...ion-21942.html |
Appreciate
0
|
01-16-2021, 09:45 AM | #14 | |
Captain
886
Rep 886
Posts |
Quote:
__________________
23 Audi RS6
23 BMW X3 30e Msport 18 M3 CS 17 Porsche Macan GTS 14 Audi S4 |
|
Appreciate
1
paquet631.50 |
Bookmarks |
|
|