“The way we see it, is consumers don’t really own cars, they own car loans…you’re paying the same payment for a car 5 years later than the first payment you made, and the car’s not worth it anymore.”

– José Puente CEO of Flexdrive discusses subscription based ownership.

Check out the first session of The Auto Tech Effect featuring José Puente from Flexdrive. Here he talks about subscription based ownership and how dealers can use this new ownership method to evolve with the digital transformation in automotive.