Get ready, subscription services are going to be popping up all over. How successful they will be still remains to be seen. One of our dealer groups in Dallas-Fort Worth, the Park Place dealerships, debuted a luxury car subscription service in May with monthly fees ranging from $895 to $1795, and it is doing extremely well. Now comes an independent company featuring Toyotas.
YourDrive Texas Vehicle Subscription Service
YourDrive Texas is a new Dallas-based subscription service that allows subscribers to pay a monthly fee to access a wide selection of predominantly Toyota vehicles, with the ability to swap out whenever they choose. The flat monthly fee covers insurance, roadside assistance, a personal concierge, and more.
“The goal of YourDrive is to increase mobility options by offering a more customized service and the ultimate in convenience to drivers.” said Laura Ryan, CEO of YourDrive.
Subscribers are allowed three flips per month with free delivery to their doorstep, and all maintenance, taxes, insurance, and cleaning are included. They can use the YourDrive app to help schedule their flips and process special requests.
Tiers and Pricing
It costs $500 to sign up as a member, then you choose between three subscription plans:
The Trendsetting Tier: offered at $660 per month, includes options like the Toyota Camry, Prius C, and C-RH Crossover.
The Flexibility Tier, offered at $885 per month, includes the Toyota Avalon sedan, 4Runner SR5 SUV, Tacoma truck, Sienna minivan.
The Confidence Tier, offered at $1060 per month, includes the Avalon Limited sedan, Highlander Limited SUV, Tundra Limited truck, Sequoia SR5 SUV, and many other top trim Toyota vehicles.
“We set out to do two things: One, offer different membership options that include an affordable Trendsetting Tier, a mid-level Flexibility tier, and a more upscale Confidence tier. Two, we also want to eliminate all the unforeseen costs that can come with the traditional car ownership model, while increasing flexibility. Now, as your lifestyle and needs change, so can your car as often as it’s needed,” added Ryan.
Reservations for the first 50 members are now being taken ahead of the YourDrive app launch. The $500 fee to join is waived for the first twenty members who sign up. You must have a valid driver’s license and clean driving record.