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Will Car Subscriptions Revolutionize Auto Sales?
Article

Will Car Subscriptions Revolutionize Auto Sales?



Editorial Rating

8

Qualities

  • Overview
  • Visionary
  • Concrete Examples

Recommendation

Gen Z seems to have a marked distaste for owning physical objects, and subscription service start-ups may take advantage of this generational quirk. Of all the industries ripe for disruption by subscription services, transportation seems a likely candidate. Who wants to own a high-priced physical object that depreciates no matter how you use it? In this special report, the Boston Consulting Group explores vehicle subscription services.

Take-Aways

  • The sharing economy and subscription services could change the modern transportation market, and investors are taking note.
  • The car subscription value chain requires wildly divergent competencies, so partnerships among various providers will be key.
  • While the market is ripe for development, vehicle subscription services won’t crush the traditional auto industry anytime soon.

About the Authors

Daniel Schellong, Philipp Sadek, Nikolaus Lang and Miles Mattson are professionals from the Boston Consulting Group.