Car Ownership vs. Subscription: Which is right for you?


To be a car owner or to be a car subscriber, that is the question. Who among them lives with more peace? Both subscribers and owners have their reasons to choose between ownership and subscription, and both find peace with their choice. This article will help you understand various scenarios and give you a clear idea of which option might be most suitable for you.

Embodying the pride of possessing your own vehicle, car ownership offers the freedom to travel on your terms and the satisfaction of calling the shots on maintenance and customization. On the flip side, it comes with the responsibility of maintenance costs, insurance, and unexpected repairs.

Car subscription on the other hand, represents a modern alternative, providing flexibility and convenience without long term commitment. It allows you to access a variety of vehicles on demand, eliminating the hassles of ownership. However, it may come with limitations such as potential budget constraints and restricted customization options.

It’s a dilemma many of us face, and trust me, there’s no one-size-fits-all answer. Strap in as we explore the pros and cons of each option to help you make the best decision for your wheels.

Pros and Cons of Car Ownership

Car ownership brings contentment and a sense of pride. But what’s hidden behind is the responsibility and the ownership of the struggle of resolving sudden breakdowns, and frequent visits to mechanics for maintenance to keep your car moving. To help you avoid confusion, below is a clear list of the advantages and disadvantages of owning a car.

Pros 

1. The Crown of Ownership – Who does not enjoy the pride of ownership? “Mere paas gaadi hai, paisa hai, Bangla hai, tere paas kya hai? Bas subscription?” Without giving arguments for the above dialogue, let us all accept the crown of ownership shines way brighter than it might appear. 

2. The Emotional Benefits—Owning a four-wheeler satiates your emotional and contentment needs. Well, Maslow’s hierarchy theory defines it right and lets you sleep peacefully. Undeniably, it also pushes your royalty feeling of self-earned assets that drive your needs and those of your family.  

Cons 

1. The Hidden Costs: Car responsibilities and maintenance are the hidden costs that come as uninvited guests knock at your doorstep only at the times when they are least expected.

2. Budget worries: Every month, the question of savings and the hefty down payment  haunts you at night and restricts your decision to buy or not buy a car.

Pros and Cons of Car Subscription

A car subscription gives you the freedom to choose your desired model, which you might not be able to afford to purchase outright or which might not be needed by your family at all times. Without the responsibilities of repair and maintenance, let’s delve into the benefits and drawbacks of a car subscription.

Pros

1. Eco and Budget Friendly – Car subscription is attractive for some because it’s the only thing that lets you socialize while saving some bucks as well as reducing the carbon footprint left behind with every ride, a win-win situation for you as well as the environment. It’s basically subscribing only when you need it.

2. Freedom of choice – As they say, comfort is all about finding the right chair. Myles cars offers a wide selection of vehicles to match your preferences. Sign up today and subscribe to a car of your choice. 

3. Zero Risk, Zero Stress and Zero Commitment – With a subscribed car there is no need for you to worry about the midway breakdown or scheduled maintenance. With Myles cars, you get 24*7 roadside assistance with zero commitment offering you an unimaginably best relationship you could ever have. 

4. Tenure flexibility –  It gives you the freedom to decide the time duration for which you want to keep the car with you. Be it a month, 6 or a few years for that matter, the decision is all yours. Myles cars offers different timelines options for subscribing a car. 

Cons 

1. Lack of the ownership feeling – No matter how long you subscribe,  you will never get the feeling of owning the car under your name.

2. Hefty amounts and budget constraints—As they say, there is a cost for everything. The monthly subscription installment might be higher than the monthly car loan payment. 

3. No Customisations- Subscribers might not be able to customize the subscribed car as per their likings. That means no wanted accessories and no customisations as per your vibe. 

Why Car Subscription Is a Better Option

After reading this article, you likely have a clear understanding of why subscribing to a car is often better than owning one, despite a few dominating factors that favor ownership. After all, who wouldn’t want to share the burden of responsibilities, especially when it comes to automobiles? With a car subscription, you can change models periodically, avoid the hassle of maintenance schedules and insurance, and enjoy a stress-free experience without the risks or long-term commitment.

So, why let car subscription companies have all the fun? Let them handle the maintenance schedules while you take a break and breathe easy.

Subscribe to Myles cars now and drive happily.