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Car leasing vs. car subscription – which one should you choose?

March 26, 2021 - 10 min read
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There are many decisions to make when leasing a car and it's not always easy to decide which terms are the best for you.

What is the difference between car leasing and car subscription? How does car leasing work vs. car subscription? We will explore these questions and more in this article.

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How does car leasing work?

A car dealer will offer car leasing as an alternative to buying a car. With car leasing, you get a new car on a monthly payment. In most cases you will also have a down payment and up-front lease origination and dealer document fees. The amounts depend, among other things, on the duration of the car lease and the expected mileage driven.

When you lease a car, the monthly payment normally doesn’t include routine factory maintenance. excessive wear or tire and wheel protection, these are provided as optional products to the lease that increases the amount of the monthly payment. Additionally, you would need to separately purchase insurance policy that meets the minimum insurance coverage standards that are set by the lessor.

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How does car subscription work?

A Care by Volvo car subscription is an easy and flexible alternative to car leasing. So just like TV, music or news, you can now subscribe to a brand new Volvo. No down payment, no long-term commitment, no hidden costs. Just one clear monthly payment that includes the car payment, maintenance, and insurance coverage. All done online in minutes. Truly the modern way to lease a car!
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What is the difference between car leasing and car subscription?

With Care by Volvo you don’t have the same long-term commitment as a traditional car lease, as we provide you with the ability to cancel your subscription and return the car, or change models, any time after the first 4 months* have expired in your lease term, without incurring an early termination fee.

In a traditional car lease, you need to obtain your own personal auto insurance. With a Care by Volvo car subscription, insurance is included for you as an eligible subscriber, as well as for members of your household.

In addition, Care by Volvo offers complimentary Factory Scheduled Maintenance, Roadside Assistance, Excess Wear Protection and Tire & Wheel protection at no additional cost.

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Why choose car subscription instead of car leasing?

Now that we have covered the difference between car leasing and car subscription, the question is: which one should you choose? If you are someone who enjoys flexibility and simplification, then subscribing might be right for you. Here’s a list of what’s included in our subscription vs car leasing:
Care by Volvo
Car Payment
Insurance Coverage
Factory Scheduled Maintenance
Excess Wear Protection
Tire and Wheel Protection
Replacement Wiper Blades
Replacement Brakes
1,250 Monthly Mileage
Roadside Assistance

How do I get started with a subscription?

It’s easy to get started with a Care by Volvo subscription. Start by choosing your favorite car from our selection of in stock cars. Alternatively, you also have the option to subscribe to any car you find on your local Volvo dealer lot. Once you select your car, you will complete a few simple steps to confirm your eligibility within minutes. After your order is confirmed, our Care by Volvo customer care team will contact you to arrange for car delivery.

At Care by Volvo we’re driven by change. Because we know your life can change. So when it comes to getting the car you want – when you need it – we can offer you true flexibility and simplification. Get started today!

*Contracts entered into the state of Illinois, will be eligible for cancellation after 12 months.