CNBC brings to attention Flexdrive, a subscription based service that lets you drive a car without the hassle of owning one. The subscription cost, which varies drastically between vehicles, all the associated expenses of owning a car are included — except for gasoline. The article argues that in some cases financing a vehicle may actually be cheaper.
"This is for people who want to have a car in the driveway all the time, but don't want a long-term car loan," said Jose Puente, founder and CEO of flexdrive.
Financial experts and consumer advocates caution that you'll want to pull out your calculator before you abandon car ownership, which they say remains a better deal in most cases.
"This isn't a magic formula that suddenly makes car ownership cheap," said Jack Gillis, executive director of the Consumer Federation of America. "It may make it easier and simpler, but you're paying a premium for that ease."
|Sugah Tyres, Baby|
|"You can buy a car, but you don’t own the software in its computers."|
|Build Your Own Pedal-Powered Porsche|
|Self-Driving Cars Will Make You Sick|
|Driving a Real Car Like It Was Grand Theft Auto IV|
|“Both spacecraft are still operational when they reached interstellar space.”|
|CaptchaTweet: Write Tweets in Captcha Form|
|How to Avoid Jury Duty|
|Naked Preacher Lady [NSFW]|
|The (Very Scary) People of Public Transit|
|Make a Convincing Sex Video of Anyone You Like|
|“Initial riders may be more comfortable getting into a car with a human in the driver seat.”|
|“When Life Gives You Lemons.”|
|Recycled Vacuum Lamps|
|Fake Name Generator|