Car Subscription Platform to Enter U.S. Market
FINN, a car subscription platform based in Europe, is expanding its service to the United States, the company announced.
The company’s subscription model allows subscribers to change vehicles every six or 12 months, the company said.
FINN’s first cars will be made available in eastern Pennsylvania, including the Philadelphia area, and New Jersey. FINN will also be available in several other states in the northeast within the coming months. Its stateside launch includes six vehicles through its partnerships with Tesla, Jeep and Chevrolet. The two subscription choices – six and twelve months – also offer a variety of monthly mileage options ranging from 850 to 1500 miles depending on the subscriber’s expected usage. FINN will steadily expand its assortment of subscription-based vehicles, the company said. The initially available vehicles include:
- Tesla Model 3
- Tesla Model Y
- Jeep Compass
- Jeep Grand Cherokee
- Chevrolet Blazer
- Chevrolet Camaro
“Consumers are increasingly seeking subscription models across all industries,” explains Max-Josef Meier, CEO & Founder at FINN. “FINN is applying this concept to cars by offering flexible car subscriptions with everything included but fuel. By subscribing, FINN makes driving a car as convenient as watching a show on Netflix.”
FINN’s U.S. launch comes on the heels of a successful year in Germany, the company said, during which the mobility platform reached 10,000 subscribers.
